American Honda Posts Strong March Sales with Slight Improvement in Product Supply

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Apr 01, 2022, 13:25 ET

American Honda sales near 110,000 units, best since August 2021, on improved supply and sustained demand. Honda set a new monthly record for electrified vehicles on strong sales of CR-V Hybrid and Accord Hybrid.

American Honda Posts Strong March Sales with Slight Improvement in Product Supply

Honda Logo. (PRNewsFoto/American Honda Motor Co., Inc.) (PRNewsfoto/American Honda Motor Co., Inc.)

American Honda sales near 110,000 units, best since August 2021, on improved supply and sustained demand
Honda sets new monthly record for electrified vehicles on strong sales of CR-V Hybrid and Accord Hybrid
HR-V scored a 14^th straight monthly sales record as March sales set a new all-time sales mark for any month
Acura posts best month since August 2021, with sales topping 13,000 units in March
Acura SUVs near 10,000 units based on best MDX sales since May 2021
Pre-sales of hot-selling new Type S model help Acura MDX flagship top 6,400 units in March

TORRANCE, Calif., April 1, 2022 /PRNewswire/ --

	American Honda			Acura			Honda
	Total	Cars	Trucks	Total	Cars	Trucks	Total	Cars	Trucks
Q1	266,418	89,373	177,045	28,236	6,800	21,436	238,182	82,573	155,609
	-23.2%	-27.3%	-21%	-25.5%	-26.8%	-25%	-23%	-27.3%	-20.5%
	Total	Cars	Trucks	Total	Cars	Trucks	Total	Cars	Trucks
March	108,075	32,249	75,826	13,220	3,301	9,919	94,855	28,948	65,907
	-27.2%	-39.6%	-20.3%	-25.9%	-24%	-26.5%	-27.4%	-41%	-19.3%

"Like much of the industry, we're riding a bit of a roller coaster due to fluctuating parts supply issues, but strong March sales for Honda and Acura speak to the fact that demand remains strong and our retail deliveries are based primarily on what we can supply to our dealers," said Dave Gardner, executive vice president of Business & Sales at American Honda. "We aren't out of the woods yet, but we will continue to manage the supply issues to maximize production and help our dealers meet the needs of our customers."


HONDA
	BRAND REPORT
Sales Highlights		Notes
While the award-winning Civic remains in extremely tight supply, stronger availability of hybrid-electric models contributed to the Honda brand posting relatively strong sales of nearly 95,000 units in March. Higher gas prices and increased supply of CR-V Hybrid and Accord Hybrid help Honda set new monthly record for electrified vehicles (12,635) HR-V set an all-time monthly sales record and a 14^th straight monthly mark sustaining momentum for the April reveal of the all-new 2023 HR-V CR-V posts best month since July 2021 with sales nearing 30,000 (29,943) units on improved supply and CR-V Hybrid's best-ever sales month (6,932) Accord nears 18,000 March sales on record month (4,857) for Accord Hybrid		Honda will reveal the all-new sporty and versatile 2023 HR-V this month, the first of three new SUVs to be introduced this year. Six 2022 Honda models earned a TOP SAFETY PICK rating or better from IIHS, and all fully tested Honda vehicles earn NHTSA's top NCAP crash-test ratings.
ACURA	BRAND REPORT
Sales Highlights		Notes
Acura posted strong March sales topping 13,000 units based on strong sales of SUVs and the best month for Acura sedans since August 2021. Acura SUV sales near 10,000 units, led by best sales month since May 2021 for MDX Demand for TLX Type S help lead Acura sedan sales to nearly 3,300 units Type S direction resonates with buyers, driving MDX, TLX and NSX Type S variants to strong March sales.		First two months of manual transmission production is pre-sold, with over 75% of 2023 Integra pre-orders for the three-pedal model. Deliveries of MDX Type S have begun, the most powerful, best handling and best equipped Acura SUV ever.

	American Honda Vehicle Sales for March 2022
						Month-to-Date					Year-to-Date
						March 2022	March 2021***	DSR** % Change		MoM % Change	March 2022	March 2021***	DSR** % Change	YoY % Change
	American Honda Total					108,075	148,538	-29.9%		-27.2%	266,418	347,091	-24.3%	-23.2%
	Total Car Sales					32,249	53,366	-41.8%		-39.6%	89,373	122,853	-28.2%	-27.3%
	Total Truck Sales					75,826	95,172	-23.3%		-20.3%	177,045	224,238	-22.1%	-21.0%
	Honda				Total Car Sales	28,948	49,023	-43.1%		-41.0%	82,573	113,565	-28.3%	-27.3%
	Honda				Total Truck Sales	65,907	81,684	-22.3%		-19.3%	155,609	195,638	-21.5%	-20.5%
	Acura				Total Car Sales	3,301	4,343	-26.8%		-24.0%	6,800	9,288	-27.8%	-26.8%
	Acura				Total Truck Sales	9,919	13,488	-29.2%		-26.5%	21,436	28,600	-26.0%	-25.0%
	* Total Domestic Car Sales					31,552	45,957	-33.9%		-31.3%	87,298	106,592	-19.2%	-18.1%
	Domestic	Car		Honda Division		28,252	41,656	-34.7%		-32.2%	80,500	97,448	-18.5%	-17.4%
				Acura Division		3,300	4,301	-26.1%		-23.3%	6,798	9,144	-26.6%	-25.7%
	* Total Domestic Truck Sales					75,826	95,172	-23.3%		-20.3%	177,045	224,237	-22.1%	-21.0%
	Domestic	Truck		Honda Division		65,907	81,684	-22.3%		-19.3%	155,609	195,637	-21.5%	-20.5%
				Acura Division		9,919	13,488	-29.2%		-26.5%	21,436	28,600	-26.0%	-25.0%
	Total Import Car Sales					697	7,409	-90.9%		-90.6%	2,075	16,261	-87.4%	-87.2%
	Import	Car		Honda Division		696	7,367	-90.9%		-90.6%	2,073	16,117	-87.3%	-87.1%
				Acura Division		1	42	-97.7%		-97.6%	2	144	-98.6%	-98.6%
	Total Import Truck Sales					0	0	0.0%		0.0%	0	1	-100.0%	-100.0%
	Import	Truck		Honda Division		0	0	0.0%		0.0%	0	1	-100.0%	-100.0%
				Acura Division		0	0	0.0%		0.0%	0	0	0.0%	0.0%
MODEL BREAKOUT BY DIVISION
	Honda Division Total					94,855	130,707		-30.1%	-27.4%	238,182	309,203	-24.0%	-23.0%
	Honda	Car	ACCORD			17,658	19,968		-14.8%	-11.6%	42,039	46,591	-11.0%	-9.8%
			CIVIC			10,444	24,522		-59.0%	-57.4%	38,515	55,903	-32.0%	-31.1%
			CLARITY			83	464		-82.8%	-82.1%	154	1,147	-86.8%	-86.6%
			INSIGHT			763	1,682		-56.3%	-54.6%	1,865	3,859	-52.3%	-51.7%
		Truck	CR-V			29,943	37,711		-23.5%	-20.6%	58,579	93,766	-38.4%	-37.5%
			HR-V			15,341	11,625		27.1%	32.0%	42,168	26,175	59.0%	61.1%
			ODYSSEY			4,973	9,193		-47.9%	-45.9%	11,210	20,066	-44.9%	-44.1%
			PASSPORT			3,470	4,914		-32.0%	-29.4%	10,474	11,610	-11.0%	-9.8%
			PILOT			8,828	12,160		-30.1%	-27.4%	23,989	31,451	-24.7%	-23.7%
			RIDGELINE			3,352	6,081		-46.9%	-44.9%	9,189	12,570	-27.9%	-26.9%
	Acura Division Total					13,220	17,831		-28.6%	-25.9%	28,236	37,888	-26.5%	-25.5%
	Acura	Car	ILX			1,493	1,253		14.7%	19.2%	3,761	2,986	24.3%	26.0%
			NSX			25	7		243.9%	257.1%	46	17	167.0%	170.6%
			RLX / RL			1	42		-97.7%	-97.6%	2	144	-98.6%	-98.6%
			TLX			1,782	3,041		-43.6%	-41.4%	2,991	6,141	-51.9%	-51.3%
		Truck	MDX			6,405	8,782		-29.8%	-27.1%	13,558	16,988	-21.3%	-20.2%
			RDX			3,514	4,706		-28.1%	-25.3%	7,878	11,612	-33.1%	-32.2%
	Selling Days					27	26				75	74
	**** Electrified Vehicles					12,661	10,488		16.2%	20.7%	25,361	24,609	1.7%	3.1%

	* Honda and Acura vehicles are made of domestic & global sourced parts
	** Daily Selling Rate
	*** 2021 totals include Honda and Acura model(s) discontinued following the 2020 model year
	**** Electrified Vehicles equal: Total sales of Hybrid (FHEV & PHEV), EVs (BEV) and Fuel Cell Vehicles (FCV) from the Honda and Acura brands.