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Honda Spills Beans on Future Product, Shows Civic Hybrid

The Truth About Cars

Looking ahead to the 2024 calendar year, Honda has laid out some of its plans for the forthcoming 12 months. Let’s start with that model, a trim which is sure to pad sales numbers in Honda showrooms as it continues its long-running battle with the Toyota Corolla, a car which has been offering hybrid power for some spell.

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Q3 Sales Up 11.6% for EVs With OEM Reported Sales Numbers

EV Adoption

Sales of the EV models with automaker reported sales were up 11.6% in Q3 versus Q2 2022, according to new analysis from EVAdoption’s EV Sales Scoreboard. Average US sales of the 32 EV models for which OEMs reported sales and that were available in the period July-September, were up an average 10.5%.

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Kelley Blue Book finds average EV price in US down 5.4% in January due to Tesla price cuts

Green Car Congress

The drop in pricing was driven by significant price cuts from Tesla, which commands roughly two-thirds of the EV market. Lower prices likely helped Tesla deliver higher sales volumes. According to Kelley Blue Book estimates, Tesla sales in January increased year over year by more than 30%. of total sales, up from 18.6%

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Kelley Blue Book: New-vehicle prices hit record high in November; average new EV price $65,041

Green Car Congress

Sales volumes in November were up year over year by more than 11%, but down from October. The elevated prices and high loan rates are likely putting downward pressure on sales. Strong luxury vehicle sales have been a primary reason for overall elevated new-vehicle prices. of total sales in November from 17.8% in October.

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KBB: Average new vehicle transaction price in US in December up 1.9% from November; EV ATP dropped 5.5% due to Tesla

Green Car Congress

Sales volumes in December were up year-over-year by more than 5% but down from November, due in part to improved supply. Elevated prices and high loan rates are putting downward pressure on sales. Truck sales were particularly strong last month, and with many trucks selling for more than $60,000, a new record was all but inevitable.

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Honda President Ito steps down, Takahiro Hachigo to replace him

Green Car Congress

Honda Motor Co., Takanobu Ito, the current President, Chief Operating Officer and Representative Director, will remain on the board and assume the post of Director and Advisor to Honda Motor. Hachigo was in charge of developing the first-generation of the US-built Odyssey minivan, which was launched in 1999 primarily for the US market.

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Japan Green-Car Subsidy Boosts Vehicle Sales 12.9% In July

Green Car Congress

Sales of new vehicles in Japan climbed 12.9% Automakers “are stepping up marketing activity, urging customers who are still driving old vehicles to buy new ones before the subsidies expire,” says an official at Mitsubishi Motors Corp. sales volume increase in July thanks in part to the hot-selling Prius hybrid. Honda Motor Co.

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