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Honda grows while US auto industry falters
Honda grows while US auto industry falters
KOMO News
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08/07/2008 04:18. DETROIT -- When consumers astonished the U.S. auto industry two months ago by quickly shunning trucks and going for gas mileage, the biggest beneficiary ended up being Honda Motor Co.

The No. 2 Japanese automaker, with the most fuel-efficient model lineup in the industry, never put both feet into the U.S. truck market, instead focusing on slow-but-steady growth with popular cars like the Civic and Accord.

It paid off in June. While its major competitors reported double-digit sales declines and burgeoning truck and sport utility vehicle inventories, Honda had a modest 1 percent sales increase. Its car sales were up almost 20 percent from the same month last year, and the Civic and Accord were among the industrys top sellers.

They are better positioned than anybody in terms of... // Chicago Sun-Times

Total: 62 news articles, 13 photos
First News Article: Edmunds.com/Inside Line, 02/07/2008 12:10


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