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Automotive News 04/01/2020 18:23
Sales of Honda and Acura vehicles were nearly cut in half in March compared with the year-ago month, as consumers reacted to the coronavirus emergency and partial shutdown of the U.S. economy. American Honda sales fell 48 percent last month and were off 19 percent in the first quarter. Before the March numbers, sales of Honda and Acura cars and trucks had been 0.2 percent higher over the first two months of the year and had continued to be in the black during the first 10 days of March, Honda said in a statement. "Combined with declining demand from cautious customers, hundreds of Honda and Acura dealers were closed in the second half of March in compliance with mandates imposed on businesses by state and local governments," the company sai.
Automotive News 04/01/2020 17:28
The coronavirus emergency provoked a sharp drop in March sales for Hyundai, Kia and luxury brand Genesis, but there were some surprising bright spots for the first quarter from new crossover models. Combined, the Hyundai Motor Group brands posted a 31 percent drop in sales last month, with every model posting losses except for new crossovers at Hyundai and Kia that were either not available last year or had just launched.

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