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American Honda Posts November Sales of 102,824
American Honda (NYSE: HMC) said today that sales totaled 102,824 units in November. Year-to-date sales were up a meager 1.8%. An industry-wide semiconductor supply shortage was a factor.
“Both the Honda and Acura brands continue to benefit from strong sales of all-new vehicles with balanced sales across light trucks and passenger cars along with a new annual sales record from electrified models,” American Honda claimed. Continue reading
Posted in auto news, economy, manufacturing, marketing, news analysis, results, sales
Tagged Acura ADX, Acura Integra, auto industry commentary, AutoInformed news, autoinformed.com, automotive blog, Automotive news and analysis, civic, civic hybrid, cr-v, HR-V, Ken Zino of AutoInformed, Ken Zino of AutoInformed.com writing as AutoCrat, X @KenAutoinformed
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2020 Ford Escape Hybrid Claimed Best with EPA-Estimated 44 MPG City, 41 MPG Combined Fuel Economy Ratings
Escape pricing in the $26,000 to +$36,000 range is roughly $1000 higher than 2019 but competitive in a class dominated by the Toyota RAV4, Honda CRV, and Nissan Rogue hybrid models. Continue reading
New 2013 Ford Escape Enters Production in Louisville Plant
The upgraded plant is in theory capable of making up to six different vehicles at the same time, thus it is Ford’s most flexible U.S. plant. Louisville is also one of 11 Ford facilities in the U.S. that is participating in the Advanced Technology Vehicles Manufacturing Loan Program – in Ford’s case almost $6 billion total – initiated by Congress under the Obama administration, which also put $80 billion into other auto bailouts, including the forced and politically contentious bankruptcies of Chrysler and GM. Continue reading
Milestones – Honda Transmission Plant-Ohio 30th Anniversary
“As we celebrate 30 years of Honda manufacturing excellence in Ohio, we’re not just reflecting on our history; we’re accelerating toward the future,” said Jason Foster, Power Unit Manufacturing Plant lead. “The unyielding continued commitment of TMP-O associates to producing top-quality drivetrains will allow us to continue building on the legacy we celebrate today,”
With a total investment of more than $1 billion, the 1.1-million square-foot Ohio transmission plant employs more than 1200 associates, with the annual capacity to produce more than 1 million transmissions and gear shifts, 500,000 two-motor hybrid systems, along with transfer cases and differentials for four-wheel drive vehicles. Continue reading →