American Honda Sets New July Sales Record

[rubenswm]

from TOV\
American Honda Sets New July Sales Record

Date: August 02, 2002 09:52
Submitted by: Tuan
Source: Honda
Credibility Rating: N/A

Total Vehicle Sales Record Second Best Month Ever

Torrance, Calif. 08/01/2002 -- Total American Honda sales set a new July sales record of 112,542, up 7.1 percent, the company's second best month ever, according to figures released today by American Honda Motor Co., Inc.
Light truck sales of 33,896 led the way, increasing 44.8 percent compared to the same period last year and a new record for the month. Honda CR-V sales, up 55.3 percent to 14,596 set a new all-time record. The Acura MDX luxury SUV posted a sales increase of 50.5 percent at 3,769 vehicles. Honda Odyssey sales of 9,991were up 4.5 percent. The new Honda Pilot SUV, added 5,361 vehicles to the total.

"After the past couple of months, consumers may feel that hard goods are a better investment right now than the stock market," said Dick Colliver, American Honda executive vice president. "Sales would have been even stronger except dealers had low inventories of the Acura MDX, Honda Pilot and Odyssey."

Passenger car sales were led by the Accord, increasing 16.2 percent to 41,152 vehicles. Sales of the Acura RSX up 26.6 percent to 3,044 set a July record. Acura 3.2 TL sales of 5,430 also finished ahead of the previous record of 5,183 set in July 2001.

Total year-to-date sales of 707,245 are up 0.3 percent. Year-to-date total truck sales of 223,222 are up 29.8 percent.

 

[RossMAN]

NFS4 would probably know this but how Toyota Camry's have been sold so far?

With the Honda Accord LX automatic selling for as low as $15,444 Toyota has some competition, despite the fact that the Camry's is new for 2002.

 

[OS]

That's not terribly surprising considering that Accords cost as much as Civics right now. . .

 

[toant103]

Originally posted by: OuterSquare
That's not terribly surprising considering that Accords cost as much as Civics right now. . .

should it be the other way around?

 

[RossMAN]

Originally posted by: toant103

Originally posted by: OuterSquare
That's not terribly surprising considering that Accords cost as much as Civics right now. . .

should it be the other way around?

Not really, you can buy a 2002 Honda Accord LX auto for $15,444 which is about the same as a Civic EX.

 

[mithrandir2001]

Originally posted by: rubenswm
"After the past couple of months, consumers may feel that hard goods are a better investment right now than the stock market," said Dick Colliver, American Honda executive vice president.

Is he on drugs? Oh, he's a salesman. Autos = investments? Ixnay to that.

I wouldn't mind a CR-V if it had a bigger engine with more torque.

Passenger car sales were led by the Accord, increasing 16.2 percent to 41,152 vehicles.

That is a TON for a car that is on the verge of being phased out.

 

[charliebrown]

Accords and Civics have been the top selling cars in their class for many years if you take out fleet sales.

Its because they're the most reliable cars out there. I go to dealer auctions and when a nice used Honda comes up on the block, dealers swarm around it like flies on honey and bid it up to the moon. They practically ignore Neons and Sunbirds and Contours and all the other crap American cars....

 

[rubenswm]

Originally posted by: mithrandir2001

Originally posted by: rubenswm
"After the past couple of months, consumers may feel that hard goods are a better investment right now than the stock market," said Dick Colliver, American Honda executive vice president.

Is he on drugs? Oh, he's a salesman. Autos = investments? Ixnay to that.

I wouldn't mind a CR-V if it had a bigger engine with more torque.

Passenger car sales were led by the Accord, increasing 16.2 percent to 41,152 vehicles.

That is a TON for a car that is on the verge of being phased out.

the thing people forget about hondas are their incrdibly low crub-weights. The lack of HP and TQ, is made up my a much lighter chasis, resulting in a pretty quick/nimble/powerful SUV For its class.