Honda Plummets to Seventh Place in U.S. Market

Honda Plummets to Seventh Place in U.S. Market

Long a fixture in the so-called Big Six U.S. auto makers, Honda has not occupied seventh position in monthly sales since it fell behind Volkswagen in October 1981, according to Ward’s.

Honda’s 25.7% July sales plunge dropped the auto maker to its lowest U.S.-market ranking in 30 years, according to Ward’s data.

Honda’s core brand and its Acura luxury marque recorded 80,502 deliveries for the month, down from like-2010’s 12,437 and June’s tally of 83,892. That knocked the auto maker to into seventh place behind Nissan and the combined sales of Korea-based Hyundai and Kia.

Nissan and Hyundai-Kia accounted for deliveries of 84,601 and 105,065, respectively, in July.

Long a fixture in the so-called Big Six auto makers – along with General Motors, Ford, Toyota, Chrysler and Nissan – Honda has not occupied seventh place in the monthly U.S. sales race since it fell behind Volkswagen in October 1981, according to Ward’s.

Accounting for 7.6% of the U.S. light-vehicle market, July also marked Honda’s weakest performance on the share front since matching that total in June 2005.

The auto maker suffered double-digit declines on both the car and light-truck sides of its business. Honda car sales totaled 42,321 for the month, marking a 28.1% nosedive, while its truck tally plummeted 22.7% to 38,181, compared with like-2010.

The bleak numbers bear all the hallmarks of the inventory woes that have plagued Honda and its Japan-based counterparts since the island nation was rocked by an earthquake in March.

The temblor also triggered a devastating tsunami and contributed to power outages that disrupted production at vehicle-assembly and components plants.

Sales of the Honda Accord midsize car fell 24.1% on 16,831 deliveries, while Civic sales slumped even further – down 37.1% on 13,695 deliveries.

Honda’s truck-side volume flagship, the CR-V cross/utility vehicle, recorded 13,943 deliveries, 27.8% fewer than like-2010.

The lone Honda nameplate in positive sales territory was the Pilot CUV. Its sales climbed 8% on 9,954, according to Ward’s.

Through July, Honda sales were tracking 2.6% below year-ago levels with 687,944 deliveries.

[email protected]

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish