The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
BLOOMBERG
Honda Motor Co expects sales in the US to hit 1.4 million vehicles this year for the first time in three years, fuelled mostly by demand for its hybrid and gas-powered models.
The Japanese automaker aims to grow sales 10% in 2024, including as many as 1.3 million Honda brand vehicles and some 150,000 upscale Acura cars and SUVs, according to Mamadou Diallo, the top sales executive at Honda’s US subsidiary.
Honda’s sales in the US soared 33% last year to 1.3 million vehicles — with one-quarter of that total coming from hybrid models, including gas-electric versions of its best-selling CR-V compact SUV and Accord mid-size sedan.