Honda Loses Momentum In 2018 - January Sales Drop 1.7% - Acura Stumbles By 3.2% For Month

Honda Loses Momentum In 2018 - January Sales Drop 1.7% - Acura Stumbles By 3.2% For Month

American Honda Motor Co., Inc. (AHM) today reported January sales of 104,542 Honda and Acura vehicles, a decrease of 1.7 percent versus January 2017. Honda Division sales were down 1.6 percent on sales of 95,634, with Honda cars narrowly down 1.3 percent on sales of 45,224, and inventory constraints leading trucks to slip 1.8 percent on sales of 50,410 units. Total Acura Division sales declined slightly in January, recording a 3.2 percent drop on sales of 8,908 units. However, passenger car sales gained 9.3 percent on sales of 2,979 vehicles.

Honda
Following a record year for Honda trucks, Pilot continued to show its true market strength as improved supplies helped it to a 61.8 percent increase, with HR-V recording a double-digit gain. Civic enjoyed a notable gain for the month, while overall car sales lagged a bit behind January 2017.

  • Pilot sales jumped 61.8 percent on sales of 11,619 in January, its 5th straight monthly increase.
  • HR-V set a new January record, gaining a robust 10 percent on sales of 6,259 for the month, continuing as one of the segment's hottest selling vehicles.
  • Civic sales were up 2.8 percent in January, while all-new Accord begins to gain momentum with the just-launched national marketing campaign.

"With a strong and fresh product line-up, we're confident in the fundamental competitiveness of our products in their segments," said Henio Arcangeli, Jr., senior vice president of the Automobile Division & general manager of Honda Sales.

Acura
After a strong December — its best month of 2017 — Acura Division sales were relatively flat in January.  However, Acura cars bucked the downward trend for luxury sedan sales with a gain of 9.3% for the month. 

  • Led by TLX and bolstered by the recently refreshed RLX, Acura car sales were up 9.3 percent on sales of 2,979.
  • With the TLX A-Spec increasing showroom traffic, sales gained 13.2 percent in January.

"Led by the TLX A-Spec, we're pleased to see our efforts with Acura sedans paying off in the face of a challenging market for luxury cars," said Jon Ikeda, vice president & general manager of Acura Sales. "We're looking forward to showing the 2019 RDX Prototype in Chicago next week, as the auto show circuit comes to one of Acura's strongest markets."


 



MrEEMrEE - 2/1/2018 6:23:36 PM
+1 Boost
CR-V sales off quite a bit, hmmm.


ilovecar2015ilovecar2015 - 2/2/2018 10:55:30 AM
+1 Boost
Probably they know the new design is coming.

Even MDX and RDX can't save Acura.


MDarringerMDarringer - 2/1/2018 8:55:40 PM
-4 Boost
Accord sales are not quite what Honda hoped for. Could it be the ugly styling?


cidflekkencidflekken - 2/1/2018 11:12:43 PM
+4 Boost
Honda did not offer any lease specials on the Accord in January. Only small incentives on purchases. Could have impacted the numbers.


MrEEMrEE - 2/4/2018 9:59:17 AM
+1 Boost
All new Accord and sales are down? I checked local inventory and it not that there is low inventory, nor lack of base model inventory. One problem Accord has is the new Camry. Honda may need to do some fast corrective action to equipment or start the cash incentives. The harder fix is the base engine and transmission essentially same as the Civic. the non turbo Camry and 8-speed is a better bet for long trouble free longevity.


MDarringerMDarringer - 2/4/2018 10:10:05 AM
+1 Boost
The sales are soft for an all new car at launch. People are going with the old Accord.


MrEEMrEE - 2/4/2018 12:04:45 PM
+1 Boost
Sales number are new and old, and are down substantially for Accord. You would have to go back to October sales to find old model clearance numbers for a small bump in sales. Year total for Accord were down 6.5%, so no old model incentive driven increase. The January numbers do not show they moved to Civic or CR-V either, instead Camry sales have a big lead. Time to step up incentives even for new award winning Civic/CR-V/Accord models.


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