Honda Canada Reports August Sales Results

MARKHAM, ON, Sept. 1, 2011 /CNW/ - Combined August sales of 9,509 units by the Honda and Acura divisions represented a 26 per cent decrease over last year's sales.  The Honda Automobile Division reported August sales of 8,060 units, down 30 per cent from last year. The Acura Division reported August sales of 1,449 units, unchanged from last year, with record monthly results for MDX.

"The decline of our August sales was not a surprise," said Jerry Chenkin, executive vice president of Honda Canada Inc., "because our supply of vehicles has been significantly impacted by a shortage of key components from Japan.  We apologize to our valued customers for this disruption.  But with the worst behind us, we expect dealer inventories to steadily increase from September on. And that is why we have launched some of the best value propositions in our history.  There has never been a better time to buy or lease a Honda or an Acura."

Honda Canada Inc. has sold more than 3.4 million Honda and Acura passenger cars and light-duty trucks in Canada over the past 38 years.  Almost 95 per cent of the Honda and Acura vehicles sold in Canada in August were produced at the company's assembly plants in North America, up one per cent from the same month last year.

SOURCE Honda Canada Inc.

For further information:

Richard Jacobs (416) 543-6593

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