welcome to the real world- Honda, damaged and listing to port with 24%
less sales

die, Jappers, die...

BWAHAHAHAHAHA !!

http://www.thetruthaboutcars.com/honda-sales-down-252/

Honda Sales Down 25.2%
By John Horner
November 4, 2008 - 822 views



Honda’s press release puts the number at 28.4 percent, but that’s
using Daily Selling Rate nonsense. In simple terms, Honda sold 25.2
percent fewer units in calendar October 2008 than in the same period
last year; which puts them in the same boat as Toyota. Only two models
showed sales upsides: the Honda Fit and Acura TL. The Fit has been
capacity constrained forever and is still a relatively modest player
at 6,478 units for the month. The TL is likewise a niche vehicle which
jumped from 3,421 units last year to 4,340 this October thanks to the
all new 2009 TL. But, Acura has two disaster products on it’s hands;
the forever poor-selling RL range topper and the near luxury mini-ute
RDX. RDX sales collapsed from last year’s already low 1,937 to an
abysmal 647 units. Back over at the Honda brand, one surprise in the
numbers is the collapse of Accord sales, down from 30,936 to only
19,783, a 36 percent drop in Honda’s #1 selling product. The Odyssey,
Element and MDX also all posted larger than average declines. However,
for some reason the Ridgeline’s fall was a little less than the
average falloff. Cash on the hood effect? Year to date, Honda is still
up slightly over 2007, but that record seems likely to fall over these
next two months. During the first half of 2008 Honda seemed to be
playing in a different ballpark than the rest of the US auto business.
But from summer on they have regressed to the mean. But hey, there is
one fun-fact buried in the numbers: Honda took sales credit for one
unit of the FCX Clarity hydrogen fuel cell vehicle. I wonder who the
lucky customer is?



http://www.zacks.com/blog/post_detail.html?t=12015

U.S. Keeping Honda Sales Down

Posted Thu Mar 20, 11:12 am ET
Posted By: Paul Raman, CFA

Honda Motor Company (HMC) is expanding its business in Asia, growing
its global network to increase efficiency and introducing new products
to satisfy local markets. Further, capacity expansion plans in Asia, a
new sales strategy in Japan, and the proposed launch of Acura in Japan
inspire optimism about Honda's future prospects. Strong sales in the
emerging markets and cost-cutting also helped lift the car maker's
quarterly profit.

However, unfavorable currency exchange rates, flat-to-lower sales in
its key markets (North America), and increased competition will
threaten HMC's global competitive position. Therefore, we maintain our
Hold rating with a six-month target price of $28.50.

Currently, ADRs of Honda Motor Co. are trading at 7.9x our 2008 EPADR
estimate of $3.46. We believe Honda's stock has a further upside,
given its technological leadership and global production capabilities
that enable it to continually provide its customers with cutting-edge
products designed for their unique local needs. However, volatile
crude prices and intensifying competition are some factors that may
lower volumes.