American Honda struggled all year long, posting the steepest decline for 2022 amongst main automakers, at 33 p.c. The firm has posted 17 straight months of declines.
The automaker mentioned it’s beginning 2023 with about 40,000 new automobiles in stock and has suggested sellers that stockpiles will not return to regular ranges till the autumn on the earliest.
Mamadou Diallo, vp of auto gross sales for American Honda Motor Co., mentioned the corporate is not “out of the woods yet with supply issues” however that “we begin 2023 with roughly double the on-hand inventory of 2022.”
One space that noticed regular progress in 2022? Electric automobile gross sales.
Tesla continued to dominate, delivering greater than 1.31 million automobiles globally for the yr, though it doesn’t get away gross sales by area.
Ford completed the yr at No. 2 within the U.S. after greater than doubling EV gross sales to 61,575. Ford trailed Hyundai Motor Group for a lot of the yr however pulled forward within the remaining months due to a ramp-up in manufacturing of the F-150 Lightning, which went on sale in May. Hyundai completed 2022 promoting 58,028 EVs, in response to Motor Intelligence.
The race is anticipated to ratchet up in 2023, with Ford projected to provide 600,000 EVs globally by the top of the yr, Hyundai Motor introducing EVs such because the Kia EV9 and Hyundai Ioniq 6 and GM beginning manufacturing of a number of fashions together with the Silverado EV.
Cox Automotive expects EV gross sales to high 1 million within the U.S. for the primary time this yr, Krebs mentioned.
Source: www.autonews.com
