[home][rumors and news][model release matrix][tov motorsports][desktop calendar][exhaust notes][tov forums][links][search][sponsors][garage][login]

Tire Rack Upgrade Garage
 Search for a Dealer:
 Canadian Flag US Flag
 Honda Acura
 ZIP  
Acura
There are currently no active Acura promotions
Honda
There are currently no active Honda promotions
Honda releases info on 2025 Civic Hybrid. "the most powerful non-Type R Civic ever"
More.......................
A little Prelude tidbit that came from last week's dealer meeting...
More.......................
Acura releases details on upcoming 2025 MDX refresh
More.......................
Acura confirms debut of long-rumored entry-premium CUV for early 2025
More.......................
American Honda reports March and 1st Quarter 2024 sales results
More.......................
Spied on the Street! 2025 Acura MDX Type S
More.......................
Honda releases details on upcoming 2025 Fuel-Cell Plug-in CR-V
More.......................
Honda enables Wireless CarPlay and Android Auto on 10th generation Accords via software upgrade
More.......................
General Talk --> Re: Honda is launching its new electric N-VAN e starting at $15,500
Join Discussion......
General Talk --> Re: Honda Hypercar
Join Discussion......
General Talk --> Re: The Old Man's thoughts about Honda's future
Join Discussion......
Professional Motorsports --> Re: Newey makes "secret" visit to Aston Martin??
Join Discussion......
Today's Reading Links --> Re: Fisker declares bankruptcy again, vehicles likely orphaned
Join Discussion......
General Talk --> Tested: 2024 Honda Prologue Is a Better EV Than It Is a Honda
Join Discussion......
Professional Motorsports --> Re: F1: Honda-Powered Alpine?
Join Discussion......
Amateur Racing & Driving --> Re: 2022 Subaru BRZ at Area 27
Join Discussion......
General Talk --> Re: The Honda Ridgeline Is More American Than Your Ford or Chevy Truck
Join Discussion......
General Talk --> Re: 2025 Civic Hybrid Reviews are out
Join Discussion......
Honda Power Equipment --> Re: First Mow of the Season - started right up
Join Discussion......
General Talk --> Re: Honda Accord, Passport Struggle As Civic, HR-V Sales Surge
Join Discussion......
General Talk --> Re: Dealer service costs are crazy out of control
Join Discussion......
Today's Reading Links --> Re: Accord vs. Camry
Join Discussion......
General Talk --> Re: Global Debut: Honda Class 8 Hydrogen Fuel Cell Truck Concept
Join Discussion......
American Honda reports March 2020 sales
 Date: April 02, 2020 12:24
 Submitted by:  JeffX
 Source: Honda Press Release
 Credibility Rating: Not Specified


American Honda Reports March Auto Sales in the Face of Difficult Market Conditions

April 1, 2020
After a strong start to 2020, American Honda sales fall 48% in March due to impact of COVID-19 pandemic
American Honda - Q1 2020

Total

Cars

Trucks

Total

Cars

Trucks

Total

Cars

Trucks

298,785

131,845

166,940

270,253

123,407

146,846

28,532

8,438

20,094

-19.2%

-22%

-16.8%

-18.9%

-22.1%

-16.1%

-21.6%

-20.6%

-22%

American Honda - MARCH 2020

Total

Cars

Trucks

Total

Cars

Trucks

Total

Cars

Trucks

77,153

37,175

39,978

70,116

34,953

35,163

7,037

2,222

4,815

-48%

-47,2%

-48.8%

-47.7%

-46.9%

-48.5%

-51.2%

-51.6%

-51%


As a society, we're all in this together. After a strong start to the year, industry sales are going to suffer in the short term, and we have suspended auto production as part of our effort to carefully manage our business in the face of the steep decline in demand, said Steven Center, Vice President of Automobile Sales at American Honda Motor Co., Inc. . At Honda, we are focused more than ever on supporting our customers, our dealers, our associates, and the communities where we live and work in the presence of this unprecedented threat to our health and the economy. Our country is going to come back strong and we are going to come back strong, and we know there are better times ahead."

BRAND REPORT

Sales

With sales up 0.2% after the first two months of 2020, and both brands off to a strong start in the first 10 days of March, the COVID-19 crisis quickly took its toll on March and 1st quarter sales results.

  • Considering the severe market impact, most Honda and Acura products continued to perform well in March.
  • However, combined with declining demand from cautious consumers, hundreds of Honda and Acura dealers were closed in the 2nd half of March in compliance with mandates imposed on businesses by state and local governments.
  • Honda and Acura dealers that were able to remain open did so, focusing their efforts on taking care of existing customers through vehicle service, maintenance, and repair, while preserving the health and safety of their employees.

COVID-19 Initiatives & Customer Support

  • Honda is initiating a comprehensive new effort to harness the spirit of community in responding to the challenge of the COVID-19 pandemic.
  • This includes a $1 million pledge to address the immediate needs of communities across the U.S., Canada and Mexico in providing the most vulnerable with access to food.
  • Other initiatives include the donation of Personal Protective Equipment and use of 3D printers in Honda operations to produce protective face shields for healthcare providers and other actions to help people combat the COVID-19 pandemic. For more information, click here.
  • As the COVID-19 pandemic can add financial stress to the lives of our customers, Honda and Acura have offered to help customers who have financed their vehicle through Honda Financial Services or Acura Financial Services with payment extensions and deferrals, as well as available late fee waivers.
  • Honda is also providing an industry-first special offer for first responders and medical professionals, out of respect for their contribution to our communities across the country

# # #




Last edited by JeffX on April 02, 2020 13:24

Click Here to Submit Your Comments

Viewing Threshold (What is this?)

[fancy] [flat] [simple]
Subject Thread Originator Replies Last Post
  1st Quarter Comparison #s
TSX69 9
First Drive: 2023 Acura Integra - Rebirth of an Icon?
Read Article....................
2023 Acura Integra PR Photo Gallery
Read Article....................
2022 Acura MDX Specs and Features
Read Article....................
2022 Honda Civic Design Story, a video by Honda
Read Article....................
Photo Gallery: 2021 Acura TLX Advance
Read Article....................
Photo Gallery: 2021 Acura TLX A-Spec
Read Article....................
Contact TOV | Submit Your Article | Submit Your Link | Advertise | TOV Shop | Events | Our Sponsors | TOV Archives
Copyright © 2023 Velocitech Inc. All information contained herein remains the property of Velocitech Inc.
The Temple of VTEC is not affiliated with American Honda Motor Co., Inc. TOV Policies and Guidelines - Credits - Privacy Policy
31