American Honda Reports Record Breaking August Sales, New All-Time Records Set

[genjy]

TORRANCE, Calif., Sept. 1 /PRNewswire/ -- American Honda sales increased 18.6 percent for August and set four all-time records for automobile sales including the best month ever with sales of 156,173 units, eclipsing the previous record of 147,253 set in August 2003. Year-to-date, American Honda sales are up 5.7 percent for the year to 991,754.

Honda Division sales increased 19.5 percent for August and set a new all-time record of 136,952 sales, breaking the previous record of 131,049 set in August 2003. Individual models that set all-time records include the Civic Hybrid and Accord Hybrid. Overall, Accord sales are up 17.2 percent to 46,153 and Civic sales are up 20.8 percent to 34,762.

"American Honda is on track for another record breaking year," said D. Colliver, executive vice president of American Honda Motor Co., Inc. "The arrival of the all-new 2006 Civic later this month combined with significant updates to the Accord and Pilot should continue to increase our momentum for the rest of the year and beyond."

August marks the seventh consecutive month of increasing Honda Division truck sales with 55,072 units, up 20.2 percent for the month. Odyssey posted gains of 20.3 percent with 16,201 sales and Pilot is up 14.4 percent to 13,971; both vehicles setting new August records. The Pilot has increased sales every month for 15 months in a row. The Ridgeline, on sale since March, had its best month yet with 4,308 units delivered in August.

Consumers purchased a record number of Honda hybrid vehicles in August. August sales of hybrids jumped 243.1 percent to 6,562 as Civic Hybrid and Accord Hybrid posted their best months ever. Year-to-date sales of Honda h,ybrid vehicles (Civic Hybrid, Accord Hybrid and Insight) rose 70.9 percent to 31201. The Civic Hybrid posted sales of 4,146, up 119.5 percent; and the Accord Hybrid posted sales of 2,336.

Acura Division reported record August sales with total vehicle sales setting a record for the 22nd consecutive month with 19,221 units, up 12.5 percent from a year ago. The Acura TL, (up 4.8 percent), TSX (up 5.6 percent) and MDX (up 7.2 percent) all set new August records. Year-to-date, Acura sales have risen 11.2 percent to 144,075 compared to a year ago.

Chart and source: http://biz.yahoo.com/prnews/050901/lath071.html?.v=23

[griswold44]

They seemed to have turned that car sales slump around. Good job.

[Ridge1]

The new Civic will dominate their segment I think. A new economical stylish Civic is just in time for $3.00 a gallon gasoline.

[Strapping.Young.Lad]

The ridgeline 4083 HAHAHHAHA, F-series 900sumthin lol

[kmacleod]

That year end clearance sale sure did wonders.......


Ken

[hdmax]

Looks like Honda, Nissan, and Toyota all had record Aug sales. That ain't good for the big American three. Toyota sold nearly as many vehicles as Ford Motor Co. 288,xxx to 205,xxx) And YTD Ford is up 0.9% while Toyota is up 11.4%

[saturnsteve]

Not bad, gas prices and a year end clearance does wonders.

[Whirling_Dervish]

So Ridgeline sales continue to improve month to month....

Hybrid increases are a no-brainer.

[New_Mexico_Sunset_on_Rt66]

I'm sure both Toyota and Honda are saying, "Thanks GM", for all the 'Employee Discount' stuff.

[paul3230]

[quote=Whirling_Dervish]So Ridgeline sales continue to improve month to month....QUOTE]

Sure they do...they keep finding stupid people to buy them

[ElmerMCR]

Ridgelines aren't all that bad...

Honda's car slump has turned around ridiculously quickly. I know they have the year end clearance every year, but that is really more of a significant increase than I would have thought it would've been. One of my friends is looking to get a Civic EX Special Edition Coupe. I'd rather have a Cobalt Coupe, but over both I would take the '06 Civic Coupe anyday.

Gas prices are really making people choose more carefully about their vehicle purchases.

[Whirling_Dervish]

Originally Posted by paul3230

Sure they do...they keep finding stupid people to buy them

They are just buying what they want or need. How does that make them stupid? I need a NAV in my next utility wagon/truck. Do you have any idea how many trucks that negates, esp. since I'm not in the market for a large one? Heres a hint, no domestic truck currently sells one with a NAV, though Chrysler will soon. The Ridgeline has it, and other features I'd want, not found on other trucks. We don't all have the same needs, y'know?

GM needs to address the lack of content issue. I can't stress this enough. Judging by the GM owning family I saw climbing over the Ridgeline a week ago I'm not alone in this belief.

[joey]

I agree. 4 speed transmisions and cheap plastic interiors is not going to increase sales. GM could learn a great deal from Honda.

[Smashing1]

Originally Posted by Whirling_Dervish

I need a NAV in my next utility wagon/truck.

If you would, humor me, and explain to me why you need NAV in your next vehicle? I am not trying to pick a fight...just wondering why anyone needs NAV. I have been driving, quite successfully, for years now w/o a navigation system. Well, wait, I guess you can count maps, directions from friends, and MapQuest and similiar web sites printed out maps. Yah, navigation would be a cool gimmic for me, but so would ejection seats. Actually, I honestly think I would get more use out of the latter.

I have just heard so many people say the NEED nav, and I am curious why this need has suddenly come upon us. I need food, and I need water, but I can't ever see myself saying, I need NAV.

[Ridge1]

Though, I don't have a Nav, there have been more than a few times in LA and San Diego my severe want for one almost crossed over into a need. At those crises moments I probably would have forked over 2 grand for one at the time. It really does beat fumbling with maps in the dark.