The recession had its impact on the auto industry with slackening sales leading to huge build up of inventory. This forced them to offer great incentives to buyers of first hand cars so that they could get rid of the inventory. They also tried to push sales through innovative car loan and Car Credit plans and were successful to some extent. It also led to the used car market showing great demand and interest as people saw better commercial sense in buying used cars at good Car Finance rates of interest.
All those efforts seem to have borne fruit finally with the month of April seeing a great uptake in sales volume for most car manufacturers. After Ford, NISSAN and Chrysler reported excellent figures for April, HONDA too has reported a very healthy profit figure for the year. The Japanese car maker has reported a twenty eight percent increase is sales volume and says this resurgence is due to healthy demand in the Chinese and Indian markets. Its markets in the US as well as Europe has also shown good revival in volumes and that has prompted the car maker to project a very good year going ahead.
Honda’s hybrid introductions
Aug 28 2010Honda in keeping with the consumer shift in sentiment towards smaller cars and particularly hybrid varieties has indicated that it will introduce many models that will focus on speed, lower CO2 emissions as well as affordability.
Celebrities going green
Aug 14 2010The awareness about going green and supporting a clean and green environment is now deeply ingrained in most celebrities and many are doing a lot of wonderful things to propagate this in public.
More from HONDA Lifestyle and Celebrity Motoring
Honda’s new roadster plans
Aug 14 2010News from the patent filings indicates that Honda may already be working on bringing out a substitute for the Honda S2000 with the engine being placed at the center.
Honda’s facelift of the Honda Accord
Aug 6 2010The Honda Accord has been one of the strongest performers in the Honda stable with sales volumes increasing substantially year after year with many people buying it either outright or through relevant car loan and car finance schemes.
Jason Barlow’s new role
Jul 20 2010Good critics and reviewers are always respected and held in high esteem by those following them regularly.
More from HONDA Lifestyle and Celebrity
Celebrities have to show the way
Jul 7 2010Awareness about carbon footprint and the desperate need for mankind to go slow on carbon emissions as well as decrease usage of finite fossil fuels is gaining a lot of ground and many prominent car brands are doing their best in coming out with better concept cars such as hybrid to make sure that the dependence of fossil fuel is reduced.
More from HONDA Lifestyle and Celebrity TOYOTA
Tanner Foust looks forward to more Formula wins
Jun 12 2010He has been involved in filming some of the most outrageous car action sequences and viewers will not forget his performances in Tokyo Drift and The Dukes of Hazzard.
More from HONDA Lifestyle and Celebrity NISSAN
Jay Leno carries on
Jun 9 2010Jay Leno, who is now pretty famous as a connoisseur and accumulator of exotic cars shot into limelight due to his stand-up wit and funny lines.
More from HONDA JAGUAR Lifestyle and Celebrity
Honda’s revamped Jazz
May 9 2010Honda UK is getting into the sporty car segment in a big way through its introduction of the Si grade version of its supermini – the Jazz.
The customized 2010 Chevrolet Camaro
May 7 2010George Barris, the man behind some of the best customizations, one of which was the Bat mobile in now involved in a fresh project that will transform the 2010 Chevrolet Camaro exterior into something very stylish and unique.
More from HONDA Lifestyle and Celebrity TOYOTA


car news headlines




