Cars
Blame the ongoing recession along with the fairly low gasoline prices at the pumps and strong competition from Toyota's revamped Prius hybrid, but Honda's execs are quite pessimistic about the prospects of the Insight meeting its 2009 U.S. market sales target of around 90,000 units. "Given some dramatic change in things, I don't think we'll get to 90,000. At 50,000 to 60,000, we will be just fine," American Honda Motor Executive Vice President John Mendel told Bloomberg news.
- Honda Insight Hybrid Tops The Charts In Japan In April, Fit Comes In Second
Only three months after its market debut in Japan and Honda's Insight mild-hybrid managed to become the best-selling vehicle (excluding the so-called kei cars with engines under 660cc) in the country in the month of April with sales of 10,481 units....
- Honda Insight Hybrid Outselling Toyota Prius In The Uk
Honda's all-new Insight hybrid is off to good start in Britain having sold 229 units since it went on sale in the market on April 4, 2009. That's compared to 198 units of the current generation Prius - always according to Honda's data. Besides...
- Toyota & Lexus U.s. January Sales Sink 34.9 Percent
The first month of 2009 also brought bad news for Toyota that saw its U.S. sales fall to 117,287 vehicles, a decrease of 34.4 percent from last January. The Toyota division that includes the Scion brand, posted sales of 102,565 units, a decrease of 34.9...
- 2009 Honda Insight Hybrid: 23 New Photos Of European-spec Production Model
Following an earlier leak of the Japanese-market model brochure, a new set of photos of the 2009 Honda Insight have been leaked into the net ahead of the hybrid car's premier at the Detroit auto show on January 11. Seen here in UK -and consequently,...
- 2009 Honda Insight Hybird: First Official Photos Of Production Version
Honda has released the first official picture of the production-ready Insight Hybrid ahead of its worldwide premiere at the Detroit auto show in mid-January 2009. Not much has changed compared to the concept study that was shown in Paris this past October...
Cars
Honda's Insight Sales May Fall 30 Percent Short of its 2009 U.S. Sales Target
Blame the ongoing recession along with the fairly low gasoline prices at the pumps and strong competition from Toyota's revamped Prius hybrid, but Honda's execs are quite pessimistic about the prospects of the Insight meeting its 2009 U.S. market sales target of around 90,000 units. "Given some dramatic change in things, I don't think we'll get to 90,000. At 50,000 to 60,000, we will be just fine," American Honda Motor Executive Vice President John Mendel told Bloomberg news. 
For its first year on the market, Honda has projected worldwide sales of around 200,000 units for its new dedicated hybrid model, with nearly half of those sales coming from the North American market. Despite the gloomy outlook in the U.S., Reuters reported that a spokesman in Tokyo said there has been no change in Honda's sales forecast for 2009.
In Japan, the Insight climbed to the top spot of the sales chart in April with 10,481 units but fell to third place in May with 8,859 cars after the domestic launch of the new Toyota Prius that finished first with 10,915 units registered.
Via: Reuters
- Honda Insight Hybrid Tops The Charts In Japan In April, Fit Comes In Second
Only three months after its market debut in Japan and Honda's Insight mild-hybrid managed to become the best-selling vehicle (excluding the so-called kei cars with engines under 660cc) in the country in the month of April with sales of 10,481 units....
- Honda Insight Hybrid Outselling Toyota Prius In The Uk
Honda's all-new Insight hybrid is off to good start in Britain having sold 229 units since it went on sale in the market on April 4, 2009. That's compared to 198 units of the current generation Prius - always according to Honda's data. Besides...
- Toyota & Lexus U.s. January Sales Sink 34.9 Percent
The first month of 2009 also brought bad news for Toyota that saw its U.S. sales fall to 117,287 vehicles, a decrease of 34.4 percent from last January. The Toyota division that includes the Scion brand, posted sales of 102,565 units, a decrease of 34.9...
- 2009 Honda Insight Hybrid: 23 New Photos Of European-spec Production Model
Following an earlier leak of the Japanese-market model brochure, a new set of photos of the 2009 Honda Insight have been leaked into the net ahead of the hybrid car's premier at the Detroit auto show on January 11. Seen here in UK -and consequently,...
- 2009 Honda Insight Hybird: First Official Photos Of Production Version
Honda has released the first official picture of the production-ready Insight Hybrid ahead of its worldwide premiere at the Detroit auto show in mid-January 2009. Not much has changed compared to the concept study that was shown in Paris this past October...