Honda U.S. October auto sales fall adjusted 28 percent

Mon Nov 3, 2008 2:43pm EST
 
[-] Text [+]

DETROIT (Reuters) - Honda Motor Co Ltd posted an adjusted 28 percent drop in U.S. light vehicle sales in October amid the downturn in the U.S. economy and sagging consumer sentiment.

Honda said sales fell to 85,864 vehicles in October from 114,799 a year earlier, or 25.2 percent if the figures were not adjusted for the extra selling day last month compared with the year-earlier period.

Car sales including Honda and its luxury Acura brand fell by an adjusted 25 percent, while truck sales fell 32 percent, Honda reported.

Sales of Honda's fuel-efficient Fit subcompact rose 28 percent on an adjusted basis to 6,478 vehicles, while sales of its iconic Accord fell 38.4 percent and Civic fell nearly 25 percent.

Among larger vehicles, sales of the Honda Odyssey minivan fell an adjusted 38.6 percent, while sales of the Honda CR-V crossover fell 24.4 percent.

(Reporting by David Bailey, editing by Gerald E. McCormick)

 

Editor's Choice

A selection of our best photos from the past 24 hours.  Slideshow 

Most Popular on Reuters

  • Articles
  • Video

Special Report

A Greenpeace activist displays signs symbolising genetically modified maize crops during a protest in front of the European Union headquarters in Brussels November 24, 2008.  REUTERS/Thierry Roge
Answer to feeding the world or Frankenfood?

With malnutrition afflicting more than a billion people, few dispute the need for a solution. But are rich companies like Monsanto -- who play a powerful role in how and what the world eats -- helping or harming?  Full Article