Strong Sales of Core Models Drive American Honda July 2017 Auto Sales

TORRANCE, Calif., Aug. 1, 2017 /PRNewswire/ -- American Honda Motor Co., Inc. today reported total July sales of 150,980 Honda and Acura vehicles, driven by the success of core models even as tight supplies of certain products contributed to a slight decrease of 1.2 percent vs. July 2016. Combined sales of Honda and Acura cars were up 1.9 percent on sales of 76,468, while combined trucks decreased 4.2 percent on sales of 74,512. Total Honda Division sales decreased 1.7 percent on sales of 136,803. Honda Division cars gained 2.8 percent with 72,557 vehicles sold in July, and Honda trucks were down 6.2 percent on sales of 64,246 units due mostly to limited inventory. Acura Division sales were up 3.7 percent in July on sales of 14,177 vehicles, with trucks rising 11.3 percent on sales of 10,266 for a new July record, and cars down by 12.2 percent on sales of 3,911 units.

Honda
Well-balanced sales of both cars and trucks were a familiar theme for the Honda Division in July. Despite tight supplies of Odyssey and certain CR-V, Pilot and Ridgeline models, Honda truck sales managed a solid showing against a record July 2016, with HR-V having its best month ever and CR-V surpassing 30,000 units for the month. Civic and Accord continued to show strength with sales above 30,000 units, with the hot new Civic Type R and Si variants bringing renewed energy to the showroom, helping overall Civic sales to a new July record.

    --  HR-V set a new all-time monthly record, gaining 32.3 percent on sales of
        9,779.
    --  Civic sales reached 36,683 for a new July record, rising 11.3 percent
        for the month.
    --  Accord continued to show strength in July, surpassing 30K sales for the
        month.

"Honda is the outlier in the industry in that we see solid demand for our products rather than demand for incentives to buy them," said Jeff Conrad, senior vice president of the Automobile Division of American Honda. "With models like Civic, Accord, CR-V, HR-V and Odyssey, each number one in their segments in retail sales for the first half of 2017, our position continues to get stronger."

Acura
Gateway models drove Acura's success in July, with RDX setting a new July mark to lift Acura trucks to a new record for the month, and ILX gaining 10 percent for the month as Acura's gateway sports sedan showed a second consecutive monthly increase. TLX continued to sell well in July with the A-Spec model drawing showroom interest, but tight supplies due to strong sales the past two months limited total TLX sales in July.

    --  Acura trucks set new July mark, gaining 11.3 percent on sales of 10,266
        vehicles.
    --  RDX sales set a new July record with a 28.2 percent gain on sales of
        5,539.
    --  ILX sales rose for the second straight month, up 10.1 percent in July on
        sales of 1,322 units.

"In the face of increased fleet sales in the luxury market we continue to focus on the growing momentum of the Acura brand with retail customers," said Jon Ikeda, vice president & general manager of the Acura division. "We're excited with the drawing power of our products and the sales success of our gateway models to millennial buyers shows that our product and marketing direction is beginning to pay dividends."


                       American Honda Vehicle Sales for July 2017

                                                                 Month-to-Date                                        Year-to-Date
                                                                 -------------                                        ------------

                         July 2017    July 2016       DSR** %        MoM %  July 2017   July 2016       DSR** %       YoY %
                                                     Change        Change                                Change       Change

                       American Honda Total         150,980        152,799         2.8%       -1.2%       942,866       945,154        0.3%      -0.2%
                       --------------------         -------        -------          ---         ----        -------       -------         ---        ----

                       Total Car Sales               76,468         75,059         6.0%        1.9%       464,535       490,994       -4.9%      -5.4%

                       Total Truck Sales             74,512         77,740        -0.3%       -4.2%       478,331       454,160        5.9%       5.3%

                            Honda Total Car
                             Sales                   72,557         70,607         6.9%        2.8%       435,577       458,439       -4.5%      -5.0%

                            Honda Total Truck
                             Sales                   64,246         68,518        -2.5%       -6.2%       419,241       394,047        7.0%       6.4%

                            Acura Total Car
                             Sales                    3,911          4,452        -8.6%      -12.2%        28,958        32,555      -10.5%     -11.0%

                            Acura Total Truck
                             Sales                   10,266          9,222        15.8%       11.3%        59,090        60,113       -1.1%      -1.7%

                        Total Domestic Car
                        Sales                        65,976         69,017        -0.6%       -4.4%       382,502       457,685      -16.0%     -16.4%

                        Honda
                        Division          62,129        64,671          -0.1%       -3.9%     354,163        425,966        -16.4%     -16.9%

                        Acura
                        Division           3,847         4,346          -7.9%      -11.5%      28,339         31,719        -10.2%     -10.7%

                        Total Domestic Truck
                        Sales                        74,512         77,740        -0.3%       -4.2%       478,331       454,160        5.9%       5.3%

                        Honda
                        Division          64,246        68,518          -2.5%       -6.2%     419,241        394,047          7.0%       6.4%

                        Acura
                        Division          10,266         9,222          15.8%       11.3%      59,090         60,113         -1.1%      -1.7%

                        Total Import Car
                        Sales                        10,492          6,042        80.6%       73.7%        82,033        33,309      147.7%     146.3%

                        Honda
                        Division          10,428         5,936          82.7%       75.7%      81,414         32,473        152.1%     150.7%

                        Acura
                        Division              64           106         -37.2%      -39.6%         619            836        -25.5%     -26.0%

                        Total Import Truck
                        Sales                             0              0         0.0%        0.0%             0             0        0.0%       0.0%

                        Honda
                        Division               0             0           0.0%        0.0%           0              0          0.0%       0.0%

                        Acura
                        Division               0             0           0.0%        0.0%           0              0          0.0%       0.0%

     MODEL BREAKOUT BY DIVISION

                       Honda Division Total         136,803        139,125         2.3%       -1.7%       854,818       852,486        0.8%       0.3%
                       --------------------         -------        -------          ---         ----        -------       -------         ---         ---

                       * ACCORD                      30,903         31,946         0.6%       -3.3%       190,994       201,300       -4.6%      -5.1%

                       * CIVIC                       36,683         32,952        15.8%       11.3%       212,446       222,792       -4.1%      -4.6%

                         CLARITY BEV                     34              0         0.0%        0.0%            34             0        0.0%       0.0%

                         CLARITY FCV                     82              0         0.0%        0.0%           376             0        0.0%       0.0%

                         CR-Z                            50            272       -80.9%      -81.6%           598         1,477      -59.3%     -59.5%

                       * FIT                          4,804          5,432        -8.0%      -11.6%        31,126        32,817       -4.6%      -5.2%

                         INSIGHT                          1              5       -79.2%      -80.0%             3            53      -94.3%     -94.3%


                         CROSSTOUR                        1             11       -90.5%      -90.9%             5           713      -99.3%     -99.3%

                       * CR-V                        31,761         36,017        -8.3%      -11.8%       219,017       195,092       12.9%      12.3%

                         HR-V                         9,779          7,394        37.5%       32.3%        56,407        43,837       29.4%      28.7%

                         ODYSSEY                     10,134         11,228        -6.1%       -9.7%        58,290        75,889      -22.8%     -23.2%

                         PILOT                        9,985         10,350         0.3%       -3.5%        64,340        72,524      -10.8%     -11.3%

                         RIDGELINE                    2,586          3,518       -23.6%      -26.5%        21,182         5,992      255.5%     253.5%


                                ***    Memo:
                                       Accord
                                       FHEV             2,007            565       269.4%      255.2%        12,990           830    1,473.9%   1,465.1%

                                       Memo:
                                       Civic
                                       Hybrid               2             60       -96.5%      -96.7%            58           767      -92.4%     -92.4%

                       Acura Division Total          14,177         13,674         7.8%        3.7%        88,048        92,668       -4.4%      -5.0%
                       --------------------          ------         ------          ---          ---         ------        ------        ----        ----

                         ILX                          1,322          1,201        14.5%       10.1%         6,471         9,659      -32.6%     -33.0%

                         NSX                             30             21        48.6%       42.9%           308            23    1,246.7%   1,239.1%

                         RLX / RL                        64            106       -37.2%      -39.6%           619           833      -25.3%     -25.7%

                         TLX                          2,495          3,124       -16.9%      -20.1%        21,560        22,037       -1.6%      -2.2%

                         TSX                              0              0         0.0%        0.0%             0             3     -100.0%    -100.0%


                         MDX                          4,727          4,902         0.3%       -3.6%        28,282        29,517       -3.6%      -4.2%

                         RDX                          5,539          4,320        33.3%       28.2%        30,808        30,596        1.3%       0.7%


                                ***    Memo: ILX
                                       Hybrid               0              0         0.0%        0.0%             0             1     -100.0%    -100.0%

                                       Memo: RLX
                                       Hybrid              10             11        -5.5%       -9.1%           130           115       13.7%      13.0%

                                       Memo: MDX
                                       Hybrid             251              0         0.0%        0.0%           619             0        0.0%       0.0%

                       Selling Days           25            26                                    177            178

                         **** Hybrid                  2,351            934       161.8%      151.7%        14,706         3,266      352.8%     350.3%


                       *    Honda and Acura vehicles are made of domestic & global sourced parts

                       **   Daily Selling Rate

                       ***  Memo line items are included in the respective model total

                        **** Hybrid includes FHEV, PHEV, CR-Z, Civic Hybrid, Insight, ILX Hybrid, RLX Hybrid, RLX Sport Hybrid,
                        MDX Sport Hybrid and NSX

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SOURCE American Honda Motor Co., Inc.