Posted by sport
Here is a good article on the new Hybrid by Honda. The vehicle should be available around April of 2009. Here is the link - http://money.cnn.com/2008/09/04/autos/honda_insight/index.htm?cnn=yes
September 22 2008 | Uncategorized | No Comments »
Posted by sport
Honda has been one of the only manufacturers to increase sales in the last few months, as most have been declining due to the economy and gas prices. However, Honda believes that the Hybrid segment of the market is a place where they are lacking. Toyota has sold over 1.5 million Prius hybrids to date, and now Honda wants to make a strong move to catch Toyota in hybrid sales. By the beginning of next decade Honda hopes to sell 500,000 Hybrids annually. Next year Honda will offer a new compact model that will only be sold as a hybrid, similar to the Prius and about $3000 less, and in 2010 they will launch a hybrid sportster called the CR-Z. Hybrids are only going to become more and more popular and this strategy should help Honda become even more competitive in the United States and should lead to an increase in market share.
July 22 2008 | Hybrid | No Comments »
Posted by sport
The Honda Civic is officially the number one car in America. In May, the Civic set a new record of 53,299 sales for the month. This is the first time since 1991 that the Ford F-150 wasn’t the most sold car in America. This is an amazing accomplishment for Honda, and truly shows the change in consumer patterns over the last decade, and especially recently. The fact that a sedan is the number one car in America, and not a truck, shows the move to more gas-friendly vehicles. With gas over $4.00 a gallon, I don’t see this changing for a long time. The other shift has been from American made to foreign made vehicles. This should not surprise anyone who follows the news of The Big 3 (Gm, Ford, and Chrysler) and the problems that they have had recently, but it is a significant accomplishment for Honda to be the first foreign car company to do so. Congratulations to Honda and the Civic.
June 16 2008 | Uncategorized | No Comments »