...can’t see this as a positive for Honda. An argument can be made that 2018 supply is still ramping up but that is not a complete explanation. Your thoughts?
LOL, pretty much every sedan sale number is down. People want the utility of a CR-V (sales and growth are high), Rav4, Highlander, CX-5, Pilot, etc.......can’t see this as a positive for Honda. An argument can be made that 2018 supply is still ramping up but that is not a complete explanation. Your thoughts?
If I read that right, sales were down -32.2% in the month of December 2017, compared to -34.7% in December 2016. Not Year over Year (YoY). Those are two different numbers. I'm guessing it's because it's a new generation and people are hesitant to buy the first model year of a new generation.TORRANCE, Calif., Jan. 3, 2018 /PRNewswire/ -- American Honda Motor Co., Inc. (AHM) today reported its third consecutive all-time annual sales record on sales of 1,641,429 Honda and Acura vehicles in 2017, an increase of 0.2 percent over its previous best set in 2016. AHM also set new annual and monthly sales records for light trucks, recording 840,450 sales in 2017 for a 3.3 percent gain, and 86,740 sales in December, rising 1.4 percent. The Honda Division also reported record annual sales, gaining 0.7 percent on total vehicle sales of 1,486,827 while Honda trucks set new December and annual records, rising 3.4 percent on December sales of 75,856 and 4.1 percent on 2017 sales of 734,269. Total Acura Division sales declined 12.2 percent in December on sales of 15,062, and 4.2 percent in 2017 on total vehicle sales of 154,602.
American Honda Vehicle Sales for December 2017
Month-to-Date
December 2017|December 2016|DSR** % Change|MoM % Change
22,115|33,873|-32.2%|-34.7%
Year-to-Date
December 2017|December 2016|DSR** % Change|YoY % Change
322,655|345,225|-6.2%|-6.5%
What is so difficult about providing sources to substantiate your (OP) post?I said “YoY in December,” meaning, comparing the two Decembers sales were down 32.2%. The total YoY for all months (aka YTD) is also down.
I did. See above.What is so difficult about providing sources to substantiate your (OP) post?
So far you haven't said anything that you can back up with credible sources. Having fun trolling?I said “YoY in December,” meaning, comparing the two Decembers sales were down 32.2%. The total YoY for all months (aka YTD) is also down.
The source I referenced is Honda’s own press release announcing its December 2017 sales numbers. Take a look I have provided a link to it above. But here is another one via Temple of VTEC.So far you haven't said anything that you can back up with credible sources. Having fun trolling?
Probably, that's why when I bought my car, I went with the civic...gave me everything i wanted for under $20k....heated seats, lanewatch, remote start, push button start, android auto, and so on...in the accord, I would have been up to the 2016 EX model, pushing a lot more....now I will say I sat in a 2018 accord sport and thought, wow, this is nice! :laughLiving in Chicago with a longish commute, I've hardly seen any new Camry's on the road either considering they've been out for much longer. It's just a tough time to sell this type of car. 'Mid-size' sedan is in a no man's land.
Cars have become so big that Civic's are as big as Accord's used to be while offering a lower price point, and everyone is cross shopping both against the CR-V. The customer base left wanting an Accord or Camry is pretty narrow.
True, and Honda isn't offering anything on the Accord right now in my area. No lease offers, no financing specials. If Honda was concerned at all about this 32% dip, I would think they would offer something to bring people in. Doesn't seem to me they are too worried at the moment. Soon enough I'm sure those letters will be going out to G9 leasees offering early turn-ins for the new G10I remember hearing that something like 85% of sales would be 1.5T and those have been out for 3 months. The 2.0 hasn't been out long but they are on the lots. Are you guys saying the hybrid is going to make up the 32% gap? I guess January is going to be a big push month so who knows.
The Camry sold more than 40,000 units in December, they went cray-cray, and I bet the financing deals that you don't get at the Honda dealership had a lot to do with it.