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American Honda Motor (HMC) Reports January Sales

February 1, 2007 12:12 PM EST
American Honda Motor Co (NYSE: HMC) posted a new January record for total vehicle sales of 100,790, eclipsing the 2006 record of 98,394, the company announced today. With one additional selling day in 2007, sales declined 1.7% based on the daily selling rate. American Honda January light truck sales hit a record high of 47,378, up 11.0% compared to 2006.

Honda Division posted record January sales of 87,773, up from last year\'s record of 84,413, and was supported by record light truck sales of 41,427. Light truck models that broke January records included the CR-V, up 48.1% to 14,390; and the Odyssey, up 4.5% to 11,165. Sales for Accord, the company\'s volume leader, increased 12.0% for the month to 25,714.

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