Honda will stop selling its Civic sedans in Japan because sales are lagging compared with smaller models, the Japanese automaker said Tuesday. Production in Japan of the gasoline-engine Civic for local sales ended in August, and will end in December for Civic hybrids, although manufacturing of export models will continue, the company said. Get the full story »
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Ford reports higher October sales
Ford Motor Co. says its October U.S. sales rose 19.2 percent, led by big increases in trucks and small cars. In the Chicago area, Ford’s sales rose 20.9 percent.
General Motors, Honda and others have already reported strong sales of crossover wagons last month, and Ford was no exception. Sales of the redesigned Edge crossover were up 24 percent, while Ford Escape sales rose 17 percent.
Ford says sales of the F-Series pickup rose 24 percent, thanks in part to a month-long truck promotion. Get the full story »
Profit soars at Honda, Mazda on sales growth
Japanese automakers Honda and Mazda posted hefty profits despite a strengthening yen as the global recovery and government incentives for green cars drove sales higher.
Ford, GM gaining on Toyota, Honda in reliability
Consumer Reports magazine says Honda and Toyota still make the most problem-free cars and trucks, but Ford is closing in fast and General Motors has made big improvements in the past year. Get the full story »
Honda launches 70-mpg Fit to take on Toyota Prius
Honda presented its Fit Hybrid car in Tokyo Oct. 8, 2010. (Reuters/Issei Kato)
Honda Motor Co. said on Friday it would sell the hybrid version of its popular Fit subcompact for 1.59 million yen ($19,310) in Japan, making it the cheapest gasoline-electric car on the domestic market.
The company expects to sell about 5,600 units a month.
Competition in the hybrid segment is set to heat up as industry leader Toyota Motor Corp works to expand its line-up to meet growing demand for fuel-efficient cars from drivers around the world. Get the full story »
NHTSA probes Honda Fit over headlight issue
The government has opened an investigation into the subcompact Honda Fit after receiving complaints that the vehicle’s low-beam headlights stopped working. Get the full story »
Honda to sell electric plug-in hybrid by 2012
Honda Motor Co plans to launch a plug-in hybrid and battery electric model in 2012 as part of its strategy to push to the front of a race by global automakers to develop more fuel-efficient cars. Japan’s No.2 automaker was one of the world’s only car makers to offer gasoline-electric cars during the past decade but has begun looking like a laggard without a “strong” hybrid or concrete plans to mass-produce pure electric cars. Get the full story »
June auto sales point to weakening recovery
Most automakers saw their U.S. sales drop from May to June, a sign that this year’s slow recovery in the industry may be stalling.
Americans are delaying big-ticket purchases because they’re worried about their jobs in a period of high unemployment. Nervous consumers could mean a tough summer for automakers, which hope to improve sales after a dismal 2009. Get the full story »
