Thursday, August 26, 2010

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

http://www.netook.org/Undrained_Areas.html
’s American sales arm, , reported on Tuesday that the automakersold 98,344e vehicles nationwide in May. A year ago, demancd for fuel-efficient vehicles had sent Honda to a record monthj of salesat 167,997 vehicles. That representas a drop of 41 percent from ayear ago, when priceds at the pump were higher and the automobile industry hadn’tg yet hit crisis mode. Columbuds Business First reports monthly salesz unadjusted for the differences in the numberd of selling days yearto Honda’s sales in May, takintg into account one fewer selling day last month, fell 39 Leading the decline in monthly sales for May was the company’ss flagship division, which saw a 42 percenf drop in sales at 88,875 Its luxury Acura division saw sales fall 36 percent to 9,469 Honda sales in the firstt five months of the year fell 34 percent to 430,3589 vehicles, compared with 655,819 a year ago.
That accounts for a 34 percent drop in Honds salesat 387,556 vehicles and a 35 percentf decline in Acura sales at 42,802. Marysville-based employsa more than 12,000 workers at assembly and engins plants in and aroundCentral Ohio, where they producwe Honda Accords, Civics, CR-Vs, Elements and Acura TLs and

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