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Honda September U.S. sales fall ~17%

Oct. 03, 2022 1:16 PM ETHonda Motor Co., Ltd. (HMC) StockBy: Anuron Mitra, SA News Editor1 Comment

Honda Sign at Car Dealership

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  • Honda Motor (NYSE:HMC) on Monday said U.S. sales decreased 17.1% Y/Y to 79,354 vehicles for Sept., marking an improvement over Aug.'s ~38% fall.
  • U.S. sales for Q3 slipped 35.8% to 222,050 vehicles, American Honda said in a statement.
  • The Japanese's automaker stock was trading 3.9% higher at $22.44 in afternoon trading.
  • U.S. car sales for Sept. were 22,901 units (-29.1% Y/Y), while truck sales were 56,453 units (-11% Y/Y).
  • U.S. car sales for Q3 were 64,501 units (-48.2% Y/Y), while truck sales were 157,549 units (-28.8% Y/Y).
  • The company added that U.S. sales of Honda electrified vehicles set a new Sept. record.

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