Honda Canada Reports January Sales Results

MARKHAM, ON, Feb. 1, 2012 /CNW/ - Combined January sales of 9,168 units by the Honda and Acura divisions represented a 127% increase over last year's sales. The Honda Automobile Division reported January sales of 8,451 units, up 144% from last year, led by strong January sales of Honda Civic (up 333%), Honda Fit (up 178%) and Honda CR-V (up 127%). The Acura Division reported January sales of 717 units, up 25% over last year, bolstered by a 155% monthly increase in sales of Acura TL.

"The exceptional Honda sales numbers for January are due in large part to sold orders of Civic from the latter part of 2011 that we were able to deliver in January due to the recent ramp-up of production, " said Jerry Chenkin, executive vice president of Honda Canada Inc. "However, we saw a strong increase of more than 127 per cent of CR-V sales in January, led by the highly anticipated all-new 2012 CR-V that went on sale at the beginning of January. We thank all of our Canadian customers for being so patient with us through the final months of last year during the supply disruption caused by Japan's earthquake and tsunami and the Thailand flood situation.

"We are proud to report that the new CR-V is now in full production at our assembly plant in Alliston, Ontario. It joins Civic, Canada's number one-selling passenger car, which is also produced at our Ontario plant. Combined together, the Canadian-built CR-V and Civic represent about 70 per cent of Honda sales in Canada."

Honda Canada Inc. has sold about 3.6 million Honda and Acura passenger cars and light-duty trucks in Canada since 1973. A record high 97% of Honda and Acura vehicles sold in Canada in January were produced at the company's assembly plants in North America, up from the previous record of 95% for the same month last year.

SOURCE Honda Canada Inc.

For further information:

Richard Jacobs (905) 888-4102


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