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American Honda March Sales Up 18.9 Percent
 Date: April 01, 2011 13:04
 Submitted by:  JeffX
 Source: Honda Press Release
 Credibility Rating: Not Specified


Fit, Insight and CR-V post record March sales



04/01/2011 - TORRANCE, Calif.

American Honda Motor Co., Inc., posted March sales of 133,650, an increase of 18.9 percent based on the daily selling rate*, the company announced today. March marks the sixth straight month of double-digit sales increases for American Honda. Year-to-date sales of 307,978 represent an increase of 18.5 percent based on the daily selling rate*.

Sales of fuel-efficient Honda vehicles led the division to March sales of 121,039, an increase of 20.7 percent compared to March 2010. March sales of Honda cars increased by 29.1 percent to 74,168, led by the Accord, up 11.2 percent to 33,616; the Civic, up 33.8 percent to 31,213; and the Fit, up 43.4 percent on record March sales of 6,955. Honda hybrids also posted strong sales, with the Insight up 62.2 percent on record March sales of 2,782. The CR-V, the best-selling SUV in America, posted record sales for the second straight month, up 42.7 percent to 21,998.

"While we are extremely pleased with this month's sales performance, our foremost thoughts are with the Japanese people during this difficult time," said John Mendel, executive vice president of sales for American Honda. "We know there will be challenges in the coming months as we continue to deal with supply chain issues resulting from the devastating earthquake in Japan, and we continue to appreciate everyone's patience and understanding."

Acura Division posted sales of 12,611 for March, an increase of 3.6 percent. The Acura MDX led the division with sales of 4,113, an increase of 20.7 percent, followed by the TL with sales of 3,995.

*The daily selling rate (DSR) is calculated with 27 days for March 2011 and 26 days for March 2010. Year-to-date, the DSR is calculated with 75 days for 2011 and 74 days for 2010. All percentages reflect DSR.





Last edited by JeffX on April 01, 2011 13:07

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