Sunday, April 24, 2011

Honda sales plunge 41% in May - The Business Journal of Milwaukee:

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’s American sales arm, , reported on Tuesdag that the automakersold 98,345 vehicles nationwide in May. A year ago, demand for fuel-efficient vehicles had sent Honda to a record monthg of salesat 167,997 vehicles. That representse a drop of 41 percent from ayear ago, when prices at the pump were higher and the automobile industry hadn’t yet hit crisiss mode. Columbus Business First reports monthly sales unadjusted for the differences in the number of sellinv days yearto year.
Honda’s sales in May, takiny into account one fewer selling daylast month, fell 39 Leading the decline in monthly salews for May was the company’s flagshiop division, which saw a 42 percent drop in sales at 88,875 vehicles. Its luxury Acuraa division saw sales fall 36 percenttto 9,469 vehicles. Honda sales in the first five months of the year fell 34 percenytto 430,358 vehicles, compared with 655,819 a year ago. That accountas for a 34 percent drop in Hondw salesat 387,556 vehicles and a 35 percent decline in Acura sales at 42,802.
Marysville-based employs more than 12,000 workers at assembly and engin e plants in and around Central where they produceHonda Accords, Civics, Elements and Acura TLs and

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