13 Oct 08 Honda Plans to reduce Production of 2009 Pilot & 2009 Odyssey

Even with the huge jump of more than 900 points in Dow Jones today, it seems Honda still does not think US SUV/Minivan Market will come back anytime soon.

Honda plans to reduce the production of 2009 Honda Pilot and and 2009 Honda Odyssey between November 2008 and March 2009 by total of 22,000 units despite gas price is dropping. It is believed that the reason of this decision is due to the US customers move from SUV/Minivan to sedans becuase of the cheaper price and less gas consumption. However, it is believed that Honda will use the production line to produce more Accord, the mid-size family sedan of Honda.

Since it usually takes two months to have the car delivered from factory to dealers’ parking lot, the reduced quantities might affect the market by around end of January 2009. Expect auto makers to have similiar decision as SUVs/Minivans are very hard to be sold for the last half year. Mazda is having huge hidden dealer incentive on 2008 CX-9 and hidden dealer cash on 2008 CX-7 , and 40% off MSRP on Nissan SUV/Minivan . For people who are looking to buy SUV/Minivan, be prepared and do not wait for too long. X’mas this year seems to be a good time as there are still plenty of inventories and you could get a good deal before car makers adjust reduce their production.

Please let us know if you have any question. We will try to help and guide you to get the best deal possible. Also, please share your car price & quotes as it help all of us to get the best deal with least time.

Tags: Accord, Car Pricing News, Honda, Odyssey, Pilot