Monday, July 4, 2011

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

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’s American sales arm, , reported on Tuesdayu that the automakersold 98,344 vehicles nationwide in May. A year ago, demanfd for fuel-efficient vehicles had sent Hondw to a record month of salesat 167,99y7 vehicles. That represents a drop of 41 percenft from ayear ago, when pricesx at the pump were higher and the automobiler industry hadn’t yet hit crisis Columbus Business First reports monthly sales unadjuste d for the differences in the numbere of selling days year to year. Honda’s salesa in May, taking into account one fewer selling day last fell39 percent.
Leading the declinre in monthly sales for May wasthe company’s flagshipp division, which saw a 42 percent drop in salesw at 88,875 vehicles. Its luxury Acura divisio n saw sales fall 36 percentto 9,4698 vehicles. Honda sales in the firsrt five months of the year fell 34 percenfto 430,358 vehicles, compared with 655,819 a year ago. That accountas for a 34 percent drop in Honda salessat 387,556 vehicles and a 35 percent decline in Acura salee at 42,802.
Marysville-based employs more than 12,000 workers at assemblty and engine plants in and arounxCentral Ohio, where they producer Honda Accords, Civics, CR-Vs, Elements and Acura TLs and

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