CR-V (Honda)

Reported on July 12, 2024, Honda Cars Philippines, Inc. (HCPI) ensured that its customers will not be affected by the consolidation of Honda’s Thailand manufacturing plants.

With the end of vehicle production at the Ayutthaya plant (that will become a parts manufacturing site), all the vehicle assembly, including the models for the Philippines, will be transferred to the Prachinburi plant by 2025 and not affect customer vehicle deliveries.

Currently, the Ayutthaya Plant is where HCPI sources the Accord, CR-V, and Civic.

(From an article of CarGuide.PH on July 12, 2024)

Announced on July 12, 2024, Honda's car sales in Indonesia during the first half of 2024 were led by the Honda Brio that sold 25,625 units or contributing around 49.5% of Honda’s sales.

According to the Association of Indonesian Automotive Industries (Gaikindo)’s data, Honda recorded retail sales of 51,681 units in H1/2024, down 23.8% YoY.

Honda HR-V recorded sales of 8,883 units and the WR-V sold 7,088 units. Meanwhile, other Honda SUV models, namely the Honda BR-V N7X Edition, sold a total of 6,113 units and the CR-V recorded sales of 1,902 units.

PT Honda Prospect Motor (HPM) said in general, the local automotive market has not shown positive growth, but the company expects the market in thew latter half of 2024 to return to positive, supported by the GAIKINDO Indonesia International Auto Show (GIIAS) and various sales programs.

(From Honda Indonesia press release dated July 12, 2024 and Gaikindo data)

U.S. new vehicle sales compiled by MarkLines as of July 8 (preliminary figures including estimates from GM, Stellantis, Tesla, etc.) of 1,344,092 units for the month of June represented a decrease of 3.0% from one year ago in June 2023.

June’s passenger car sales decreased 7.3% to 269,439 units, while SUV and truck sales decreased 1.9% to 1,074,653 units.

Total U.S. vehicle sales of 7,892,786 units for the first six months of 2024 represent a 2.3% increase from the same period in 2023.

CDK Global, which provides management systems to North American dealerships, was hit by a cyber attack on June 19, affecting the sales operations at approximately 15,000 dealerships and postponing some sales from June to July. 

There were 26 selling days in June 2024, same as the 26 days in June 2023.

General Motors June sales decreased 4.7%, Ford sales fell 6.1%, and Stellantis sales dropped 17.5%, marking the sixth consecutive month of double-digit declines.  

Tesla sales fell 9.1%, marking the fourth consecutive month of declines compared to the same month last year. 

Among Japanese companies, Toyota sales were nearly flat at 193,313 units, Nissan sales were up 3.2%, Honda sales were up 1.1%, Subaru sales were up 0.1%, Mitsubishi sales were down 2.7%, and Mazda sales were up 19.8 %.

Hyundai sales were down 2.8%, and Kia sales were down 6.5%.

Among European companies, VW brand sales were up 29.8%, Audi sales were down 22.5%, and Volvo Car sales were down 11.2%.

The best-selling models in June 2024 were:

  1. Ford F-Series (65,428 units)
  2. Chevrolet Silverado (44,944)
  3. Toyota RAV4 (41,663)
  4. Ram Ram pickup (35,487)
  5. Tesla Model Y (33,067)
  6. Honda CR-V (31,710)
  7. GMC Sierra (27,520)
  8. Toyota Camry (25,432)
  9. Honda Civic (21,829)
 10. Chevrolet Trax (18,862)

(MarkLines data compiled as of July 8, 2024)