05 Nov 08 Honda Drops 28% of sales in October 2008

Honda drops 28% sales in Oct 2008 compared witd Oct 2007 despite increase sales of the re-desgined 2009 Honda Fit.

American Honda just published Octobor 2008 Sales. Like most auto makers, a decline of 28.0% daily sales rate compared with sales in Octobor 2007. The all-new redesigned Honda Fit is the only model with increase of 28.1% daily sales rate, with 6,478 units sold last month, compared with 4,868 sold in Octobor 2007.

Sales of Honda trucks and SUVs are decreasing as expected due to the economy situation. The most-selling Honda SUV - Honda CR-V drops 24.4% sales rate with 23.169 units sold last month, followed by the Honda Odyssey, with 38.6% sales rate lower than last Octobor and 9,208 units sold last month.

Two of the best-selling Honda models, the Honda Accord and the Honda Civic, surprsingly drop the sales of 38.4% and 24.8% despite Honda’s promotion of special APR.

Tags: Car Pricing News, Honda, Honda Sales Report