Honda and Acura have been extra affected by provide points than most different manufacturers. Final quarter, Honda Motor Firm’s gross sales tumbled by over 50% year-on-year. In Q3 2022, a drop of 35.8% not less than reveals that the automaker is on target, and September gross sales had been the most effective since Might as a consequence of enhancing provide points. Honda’s best-selling automobile in September – the model reported particular person mannequin gross sales for this month, not Q3 as a complete – was the CR-V on 22,205 models, a very good displaying since an all-new CR-V is arriving at sellers now. The Ridgeline had each its finest September (4,114) and third quarter (12,515). Nonetheless, the brand new Civic managed simply 9,381 gross sales in September, down by 40% relative to September 2021.
For Acura, it will not be blissful to see TLX gross sales drop to 571 models in September 2022, down by over 70% in comparison with a yr in the past. The brand new Integra discovered 1,540 properties in September, although, and the MDX registered 4,086 models, a 94.5% enhance over September 2021.
Trying Forward
The pipeline is getting stronger with the expectation that elevated manufacturing within the fourth quarter will assist necessary upcoming all-new mannequin introductions just like the CR-V, CR-V Hybrid, and Pilot,” mentioned Mamadou Diallo, vp of Auto Gross sales for American Honda Motor Co. Inc. He did, nevertheless, point out challenges like transportation points and components shortages. Hopefully, Honda can get well in This fall after what has been a troublesome yr.
