Honda breaks sales record | Auto Finance News | Auto Finance News

Honda breaks sales record

The Honda Motor Co. badge is seen on a vehicle displayed outside a showroom at the company's headquarters in Tokyo, Japan, on Wednesday, May 8, 2019. Honda's annual operating profit fell short of the automaker’s own forecast, dragged down by a loss in the fourth quarter. Photographer: Toru Hanai/Bloomberg

American Honda posted the “best month of sales in company history” in August and set four different records, according to a release from parent Honda Motor Co.

Between the Honda and Acura brands, the company sold 173,993 units, a 17.6% year-over-year increase, which “smashes all-time monthly sales records for total vehicles and trucks,” the release said.

Looking closer, the Honda brand also had its best-ever month in vehicle sales, which rose 19.6% year over year to 158,804 units. That increase was driven by “record truck sales and robust passenger car sales,” which came in at 86,020 units and 72,784 units, respectively.

In addition, the CR-V also posted a record month in August, clocking in at 44,235 units, an increase of 27.8% compared with the prior-year period. The Accord and Civic models each topped sales of 30,000 units.

The OEM also noted that electric vehicles — which sold more than 6,000 units — are on track for a second straight record year and a double-digit year-over-year sales increase thanks to the strength of the Accord Hybrid and Insight sedans.

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