Honda reports May 2007 production and sales results
Japan's Honda Motor Co. has released its production, domestic sales, and export results for May 2007 achieving a new record for overseas and worldwide production for the month. Japan domestic production experienced a year-on-year increase for the 12th consecutive month since June 2006 as a result of increased demand for both the domestic and overseas markets.
Overseas production experienced a year-on-year increase for the 22nd consecutive month since August 2005, the company achieving new production records in North America, the US, Europe, Asia and China for the month of May. As a result, worldwide production experienced a year-on-year increase for the 22nd consecutive month since August 2005. Exports from Japan experienced a year-on-year increase for the 12th consecutive month since June 2006 as a result of increased exports to the US. Total domestic sales experienced a year-on-year decline for the fifth consecutive month since January 2007 due to a decrease in both new vehicle registrations and mini-vehicle sales.
New vehicle registrations experienced a year-on-year decline for the first time in two months since March 2007 in May due mainly to a decrease in sales of Odyssey and Step Wagon. Sales of mini-vehicles also experienced a year-on-year decline for the third consecutive month since March 2007 due to a decrease in sales of Zest and Life.
- Tarmac-delay: Virgin America Flight 404, 16 hours of nightmare (video)
- US real estate: Foreclosure prevention program not achieving its target
- Federal Reserve wants supervision of all U.S. banks
- Italy’s ENI seeks Nabucco life-belt for Gazprom’s sinking South Stream
- World Bank raises China growth forecast
- Asbestos victims and anti-asbestos activists demand worldwide ban
- US real estate: HARP to assist in mortgage refinancing
- Even Donald Trump faces foreclosure in US
- BBC: Airbus plans to sell its military planes to US
- BBC: US interest rates 'to stay low'
- Asia, US helps Mercedes Benz sales hit record high in 2006
- Dutch bear profit rises 26 percent
- Cricova: The Largest Underground Wine Cellar in the World
- Foreign direct investment in India doubles during 2006
- What does Remortgage mean?
- Toyota in talks to build new China plant
- DaimlerChrysler is not planning to manufacture trucks in India
- Oil extends to $68
- Sarah Larson's dirty past