Posted 06/04/2018 11: 45: 03CET SAO PAULO (BRAZIL), Apr. 6 (EUROPA PRESS) – The Brazilian subsidiary of production and sale of automobiles of the Honda company will start the manufacture of vehicles in its new plant in the city of Itirapina, in the State of Sao Paulo (Brazil), at the beginning of 2019, according to… Continue reading Honda will start the production of vehicles in its new plant in Brazil at the beginning of 2019
Tag: Honda
GM to kill Chevrolet Sonic, Ford to discontinue Fiesta, Taurus, report says
Autoplay Show Thumbnails Show Captions Last SlideNext Slide The 2017 Chevrolet Sonic. (Photo: General Motors) General Motors is reportedly planning to kill the Chevrolet Sonic while Ford Motor plans to ditch the Fiesta in the U.S., spelling the death of two subcompact cars. The Wall Street Journal, which reported the plans Wednesday, also said that… Continue reading GM to kill Chevrolet Sonic, Ford to discontinue Fiesta, Taurus, report says
Press Release No. 08/2018 – Vehicle registrations in March 2018
date 04/04/2018 Flensburg, March 2, 2018. 261,749 Passenger cars ( car ) were newly registered in February. That was +7.4 percent more than in the same month last year. The share of commercial approvals was 63.1 percent (+ 0.8%). Private registrations increased by + 21.3 percent. 60.8 percent (-9.4 percent) of new cars were registered… Continue reading Press Release No. 08/2018 – Vehicle registrations in March
2018
VW bets on Brazil rebound with SUV, Honda remains cautious
SAO PAULO, April 4 (Reuters) – Volkswagen AG plans to produce its first SUV in Brazil, it said on Wednesday, betting on a rebound in Latin America’s market despite signs of caution from rivals such as Honda Motor Co. VW said in a statement it will invest 2 billion reais ($595 million) to manufacture the… Continue reading VW bets on Brazil rebound with SUV, Honda remains cautious
BRIEF-American Honda Motor Reports March 2018 Sales Of 142,392 Honda And Acura Vehicles, Up 3.8 Pct
April 3 (Reuters) – AMERICAN HONDA MOTOR : * AMERICAN HONDA MOTOR CO SAYS REPORTED MARCH 2018 SALES OF 142,392 HONDA AND ACURA VEHICLES, AN INCREASE OF 3.8 PERCENT VERSUS. MARCH 2017 Source text for Eikon: Further company coverage: Our Standards:The Thomson Reuters Trust Principles. Go to Source
American Honda Posts March Sales Increase as Balanced Sales of Cars and Trucks Propel Honda and Acura
TORRANCE, Calif., April 3, 2018 /PRNewswire/ — “Honda’s deep truck lineup helped the brand to a new March record, while Honda cars continue to pull their weight despite current market forces,” said Henio Arcangeli, Jr., senior vice president of the Automobile Division & general manager of Honda Sales. “The Acura brand delivered another strong sales… Continue reading American Honda Posts March Sales Increase as Balanced Sales of Cars and Trucks Propel Honda and Acura
Waymo CEO Says Self-Driving Tech Isn’t to Blame for Tesla Death
As controversy swirls around the death of a Model X driver last month, the head of Alphabet Inc.’s self-driving car unit is drawing distinctions between his company’s technology and Tesla Inc.’s Autopilot. Wei Huang, 38, died March 23 when his sport utility vehicle using the driver-assistance system Autopilot collided with a highway barrier in Mountain… Continue reading Waymo CEO Says Self-Driving Tech Isn’t to Blame for Tesla Death
Waymo and Honda reportedly will build a self-driving delivery vehicle together
Waymo has been negotiating a partnership with Honda since late 2016, when the company was still housed within Google. But now those talks are nearing completion, according to Bloomberg. And rather than moving people, as was the focus of Waymo’s deals with Fiat Chrysler and Jaguar Land Rover, the partnership with Honda will focus on… Continue reading Waymo and Honda reportedly will build a self-driving delivery vehicle together
Waymo Isn’t Slowing Down: Pact With Honda Could Include Delivery
Waymo, the self-driving car company started by Google, did nothing after an autonomous vehicle run by Uber killed a pedestrian in Tempe, Arizona. It didn’t pull back on tests in the nearby suburb of Chandler, where passengers are already taking rides with no one behind the wheel. Its fleets elsewhere didn’t abandon public streets, a precautionary move made by Toyota. John Krafcik,… Continue reading Waymo Isn’t Slowing Down: Pact With Honda Could Include Delivery
2018 Honda Accord Production To Be Put On Idle Over Slow Sales, Large Inventory
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2018 Honda Accord Production To Be Put On Idle Over Slow Sales, Large Inventory
2 Apr 2018, 7:49 UTC · by Mircea Panait
/ Home / News / Industry
Manufactured in Marysville, Ohio together with the Acura ILX and TLX compact and mid-size sedans, the tenth-generation Accord is the best one there’s ever been. Even though it’s a great car in a segment full of competitive alternatives, the Accord will have to take a step back as far as the production volume is concerned.
28 photosCiting a spokesman of the Japanese automaker, Automotive News reports that Honda plans to idle production “for 11 days over the next four months in response to sluggish U.S. sales and swollen inventories.” In greater detail, that would be two days of idling per month, along with a five-day extension of the plant’s annual shutdown.
“This is just really business as usual and we're adjusting production down to match the market condition at this moment,” commented the spokesman, but the truth of the matter is that mid-size sedans aren’t selling as they used to five, ten years ago.
Take the Accord as a prime example of how the increasing demand for crossovers and SUVs affect other automotive segments. In 2013 and 2008, Honda was selling 366,678 and 372,789 examples per year in the United States, respectively. In 2017, Honda made do with 322,655 sales in this part of the world.
Inventory levels are also high, with Automotive News reporting a 104-day supply in March. By comparison, U.S. dealers had approximately 80 days worth of cars and truck on hand on average, which is more than a year earlier. What happened, though?
In addition to crossovers and SUVs, Honda dealers told the publication that “slow sales have been prompted in part by a lack of attractive lease offers.” That’s a bad move on Honda’s part, more so if you bear in mind the Toyota Camry is flying out of the showrooms, Adding insult to injury, the Nissan Altima is new from the ground up for the 2019 model year.
As we wait for Nissan to disclose the pricing of the sixth-generation Altima, here’s how the Camry and Accord stack up against each other in terms of pricing: $23,495 and $23,570.
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