AutoInsights’ Post

American Honda Motor Company, Inc. provided an outlook on its U.S. automobile business for 2025 during a media briefing with Vice President of Sales, Lance Woelfer. "In 2024, the #Honda brand gained market share across the board, and Acura gained 7% in the second half of the year, which speaks to the fact that we have one of the strongest lineups in the industry," said Woelfer. "For American Honda, we will continue to capitalize on our flexible strategy of growing hybrid and light trucks sales while building toward the production start of the #Acura RSX all-electric SUV, our first original EV that will be made in our Honda EV Hub in Ohio later this year."

DesRosiers #Automotive Consultants: TOP SELLING MODELS IN CANADA IN 2024 Overall, new light #vehicle sales performance in 2024 was remarkably positive with the market up 8.2%. At the model level, however, the market saw significant shifts. Among passenger cars, the Honda Civic reclaimed the top spot thanks to a 14.3% sales increase to 31,774 units. The Toyota North America Corolla, another #Canadian favourite, claimed second place. The Volkswagen Jetta saw a significant increase of 44.4% propel it into fifth position with the Nissan Motor Corporation Sentra close behind in sixth. For the light truck side of the market, the Ford Motor Company F-Series continued to be far and away the top contender, seeing an 8.6% sales increase to 133,857 units—remarkably more than 100 thousand units greater than the Civic. The Toyota RAV4 claimed an impressive second place with a 3.8% increase in sales over the previous year, sitting above both the GMC Sierra and RAM Pickup. Significant double-digit sales increases propelled the Nissan Rogue into eighth place, the Ford Escape into ninth, and the Hyundai Motor Company (현대자동차) Kona into tenth with their sales rising 22.8%, 58.8%, and 33.8% respectively. “The market in recent years was skewed by a combination of unprecedented forces, including severe availability issues” commented Andrew King, Managing Partner at DAC. “Now that a degree of equilibrium has returned, consumer preferences can once more lead the market.”

In Q3 2024, around 3.9 million new vehicles were sold in the United States, a decrease of 1.5% when compared to Q3 2023. The SUV segment made up 57.5% of the market while trucks and cars made up 21.6% and 20.9% of the market, respectively. #USA #Sales #JATOV5 #Automotive #JATO

Discover some crazy facts about new and old Volkswagens at https://lnkd.in/gWB3DPpN (#Volkswagen, #VW, #automotive, #automobile, #classicCars)

In 2024, around 16.1 million new vehicles were sold in the United States, an increase of 3.3% when compared to 2023. The SUV segment made up 58.6% of the market while trucks and cars each made up 20.7% of the market, respectively. #USA #Sales #JATOV5 #Automotive #JATO

🚘 A Journey Through Automotive Dominance: Decades in Review 1980s: A decade marked by a shift towards compact, fuel-efficient vehicles, the Chevrolet Cavalier and Ford Escort led the pack, embodying the era's economic and environmental consciousness. 1990s: The Honda Accord reigned supreme, capturing the hearts of Americans with its unbeatable mix of reliability, fuel efficiency, and overall value. It set a new benchmark for what drivers expected from their cars. 2000s to Now: The Toyota Camry has been the undisputed champion, except for a brief moment in 2001 when the Honda Accord took the crown. The Camry's consistent popularity underscores its reliability, comfort, and enduring value, aligning perfectly with consumer demands for quality and safety. From the compact craze of the '80s, through the reliability revolution of the '90s, to the Toyota Camry's long-standing reign, each era highlights a shift in what drivers value most. #AutomotiveHistory #CarSales #ToyotaCamry #HondaAccord #VehicleTrends

In November 2024, around 1.4 million new vehicles were sold in the United States, an increase of 12.6% when compared to November 2023. The SUV segment made up 58.8% of the market while trucks and cars made up 21.2% and 19.9% of the market, respectively. #USA #Sales #JATOV5 #Automotive #JATO

Discover some crazy facts about new and old Volkswagens at https://lnkd.in/gWB3DPpN (#Volkswagen, #VW, #automotive, #automobile, #classicCars)

#GLOBAL #OEM #HONDA HAS RELEASED Q2 2024 / Q1 FY2025 RESULTS: DECLINE IN UNIT CAR SALES, GROWTH IN SALES REVENUE & PROFITABILITY. Q2 2024 is Honda's Q1 FY2025. Q1 FY2025 Car Unit Sales: 901k vehicles or -3.6% vs Q1 FY2024 Q1 FY2025 Sales Revenue: JPY 5,404.8B (approximately $34.7B) or +16.9% vs Q1 FY2024 Q1 FY2025 Net Profit JPY 394.6B (approximately $2.5B) or +8.7% vs Q1 FY2024 Conversion Rate: $1 = JPY 156 Below is Honda's Q1 FY2025 results presentation with more detailed analysis and an updated FY2025 outlook. We also learn that Honda has sold 3.45M motorcycles in Q1 FY 2025 (+13.2% YOY), and 822K power products (-16.4% YOY). #vehiclesales #vehicleregistrations #autosales #carsales #carmarket #newcarmarket #ev #evs #bev #bevs #hev #hevs #phev #phevs #electricvehicle #electricvehicles #electric

Toyota Tops Global Auto Sales for 5th Year Despite Declining Numbers https://lnkd.in/dDcQNZXG #Toyota #GlobalAuto #AutoSales #Automotive #Automobile #AWJ #AutoWorld #AutoWorldJournal #toyota #globalauto #autosales #automotive #automobile #awj #autoworld #autoworldjournal