Thursday, June 7, 2012

Honda sales plunge 41% in May - Memphis Business Journal:

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’s American sales arm, , reported on Tuesdayg that the automakersold 98,344 vehiclees nationwide in May. A year ago, demans for fuel-efficient vehicles had sent Honda to a recorsd month of salesat 167,9987 vehicles. That represents a drop of 41 percentr from ayear ago, when prices at the pump were higher and the automobilee industry hadn’t yet hit crisis mode. Columbus Busineses First reports monthly sales unadjuste d for the differences in the number of selling days yearto year. Honda’s salees in May, taking into accountt one fewer selling day last fell39 percent.
Leading the decline in monthly sales for May wasthe company’ds flagship division, which saw a 42 percent drop in salea at 88,875 vehicles. Its luxurg Acura division saw sales fall 36 percentto 9,46i vehicles. Honda sales in the first five monthas of the year fell 34 percentto 430,358 vehicles, comparedd with 655,819 a year ago. That accounts for a 34 percent drop in Honda salesat 387,556 vehicles and a 35 percent decline in Acura sales at 42,802.
Marysville-based employa more than 12,000 workers at assembly and engine plants in and arounxCentral Ohio, where they produc e Honda Accords, Civics, CR-Vs, Elements and Acura TLs and

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