CR-V (Honda)

Announced on April 23, 2024, PT Honda Prospect Motor Indonesia recorded total retail sales of 10,706 units in March 2024 (down 26.7% from 14,614 units recorded in March 2023). Sales in March 2024 grew 18.7% MoM, supported by increased consumer demand during the Eid period, especially for SUV models.

Honda's SUV models recorded retail sales of 5,531 units in March. Honda BR-V sold 1,594 units. The Honda HR-V sold 1,862 units, the Honda WR-V sold 1,524 units, and the Honda CR-V sold 551 units.

Meanwhile, the Honda Brio still maintains its position as the most popular Honda model with sales reaching 4,495 units. The Honda City Hatchback RS sold 283 units, the Civic RS sold 170 units, the Mobilio sold 146 units, the Accord sold 62 units, the Honda City sold 15 units, and the Civic Type R sold 4 units.

PT HPM said it continued to monitor the current condition of the automotive market which is still unstable, influenced by global and national political economic conditions. Therefore, the company would be able to adjust strategies and present products that suit consumer needs.

According to Gaikindo data, Honda’s retail sales in Indonesia in the first 3 months of 2024 dropped 21.1% YoY to reach 29,744 units. 

(From Honda Indonesia press release on April 23, 2024 / on April 18, 2023 and Gaikindo's March 2024 data)

Honda Motor Co. and Canada are reported to be on the verge of an agreement that would result in electric vehicles and their components being built in Ontario, according to people familiar with the matter.

The deal, expected to be announced within a week, involves Honda building new facilities to process cathode active materials, build batteries, and assemble BEVs, with the Canadian government subsidizing a portion of the cost.

In Honda’s case, the clean technology manufacturing ITC plan provides a refundable tax credit for 30% of equipment costs. 

Finance Minister Chrystia Freeland’s budget last week also introduced a new 10% tax credit that would apply to the cost of buildings used for electric vehicle manufacturing if a company has a significant portion of its EV supply chain located in Canada.

Honda currently has a manufacturing complex in Alliston, Ontario, where it builds Honda CR-V and Civic models.

(multiple sources on April 22, 2024)

On April 15, the U.S. National Highway Traffic Safety Administration (NHTSA) said that it has upgraded its probe into reports of unexpected activation of automatic emergency braking systems (AEB) in 2,997,604 Honda Motor vehicles to an engineering analysis.

NHTSA opened a preliminary evaluation into about 1.7 million 2017-2019 Honda CR-V and 2018-2019 Honda Accord vehicles in February 2022 to assess claims that the automatic emergency braking system activated with no apparent obstruction in the vehicle's path.

NHTSA has now expanded the probe to include 2020-2022 Honda CR-V and Accord vehicles as well.

An engineering analysis is a mandatory requirement before the auto safety regulator can potentially demand a recall.

NHTSA said it had received 2,876 consumer complaints, and reports of 93 injury incidents and 47 crashes involving Honda cars with unique vehicle identification numbers that may be related to the issue.

Referred to as its Collision Mitigation Braking System (CMBS),  Honda's autonomous emergency braking works by using a radar and camera, and applies strong braking pressure if the accident becomes unavoidable, but gives drivers visual and audible alerts before activation.

(U.S. NHTSA release and other sources on April 15, 2024)