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Auto blog
Honda thumbs nose at fleet sales, claims it leads in key vehicle segments
Tue, 30 Jul 2013Fleet sales are a way of life in the automotive industry. There are many non-retail customers that need vehicles, but going too far can reduce brand image and vehicle resale value. While some of its competitors have fleet sale that account for up to 20 or 30 of overall sales, Honda is bragging that it has the lowest fleet sales of all mainstream automakers for the first five months of 2013.
After calculating new-car registration data from R.L. Polk, Honda says that just two percent of its sales through went to fleet customers compared to an industry average of 19 percent. Even though this means Honda leaves plenty of sales on the table each month, it also claims to have the highest resale value and lowest cost of ownership among its competitors. In terms of retail sales, Honda says that the Civic, Accord, CR-V and Odyssey all lead their respective segments, and it breaks down/brags about its retail sales success in the press release, which is posted below.
Honda reveals new Civic hatch for WTCC
Tue, 03 Dec 2013If you thought the Honda Civic Type R prototype we drove in Japan looked cool, and that the Civic Tourer that Honda will race in the British Touring Car Championship next year looks even cooler, just take a look at this.
Possibly the ultimate race-spec Civic, this is the car Honda will field next year in the World Touring Car Championship. Like the Type R prototype (but unlike the BTCC-spec wagon) the WTCC challenger takes the form of Honda's latest Euro-spec Civic five-door hatchback.
It's the car with which Honda intends to defend its title and capture the driver's title in next year's championship. It'll face a tough challenge from the new Citroën team headlined by Sebastien Loeb in the new C-Elysee, not to mention the rest of the grid. Fortunately, Honda is entering a whole mess of these Civics in the series, with former champion Gabriele Tarquini and former F1 driver Tiago Monteiro driving the works entries (hence the mixed "Gabriago" tag on the window) and another pair to be entered by privateer teams.
Honda spinning off Acura as stand-alone division in bid to wake up brand
Tue, 11 Mar 2014Every major automaker has a different way of relating between its various divisions and brands. At Volkswagen, for example, the individual brands seem to operate with a large degree of autonomy. Under the Renault-Nissan Alliance, the two units share a common chief executive, but little else. The relationship between Honda and its luxury division Acura has always been rather close, but that's all about to change.
American Honda Motor Company has always handled sales and marketing in the North American market for both the Honda and Acura divisions, but new reorganization plans call for the two units to be separated under their own direction. Leading the Acura division will be Michael Accavitti, who moves into the position from his role as Senior Vice President for Auto Operations at American Honda. The Honda division will meanwhile be taken over by the current head of Acura sales, Jeff Conrad.
Both will report to John Mendel, the current executive vice president of the Automobile Sales Division that is being rebranded as the American Honda Auto Division. Unlike rivals Lexus and Infiniti - two brands that Acura beat to the market - Honda barely markets its luxury brand outside of North America. Its overseas presence is felt only in China, though we've yet to receive word on how the reorganization might effect that market - or for that matter, any potential of expanding into others.