This option will reset the home page of this site. Restoring any closed widgets or categories.

Reset

Article posted in Business News

Automakers See May Sales Slump

Executives hold hope for revival of battered industry

Janell Hazelwood

Article written by Janell Hazelwood.

hondaacura_tl_sedan

With 3,375 units sold, the Acura TL sedan was the division's top seller. (Source: Honda)

Honda

Honda reported a 39% decline in May sales, retailing 98,344 vehicles. Total car sales decreased by 49% to 51,947 and light truck sales saw a drop of 19% to 36,928.

"Staying true to the course of providing fuel- efficient, high-quality, fun-to-drive vehicles will hopefully help see us through to the economic recovery," said John Mendel executive vice president of sales for American Honda.

The Acura division reported sales of 9,469, a decrease of 34% compared with May 2008. With 3,375 units sold, the TL sedan was the division's top seller.

Pages: 1 2 3 4 5 6

Leave a Comment