American Honda Provides Outlook on 2024 U.S. Auto Business enterprise

American Honda offered an outlook on its U.S. automobile enterprise for 2024 all through a media briefing with Senior Vice President of Income, Mamadou Diallo.

“In 2023, we ended up last but not least equipped to meet the pent-up demand for our products and solutions with equally manufacturers rebounding and American Honda finishing the yr up more than 30%. We projected a solid restoration, and we realized that,” said Diallo. “This year we will proceed to capitalize on hybrid designs and mild trucks as we start out revenue of our to start with significant volume BEV types. Together with a ongoing financial investment in our ICE solutions, we are anticipating greater yearly income for both Honda and Acura in 2024.”

2024 Car Sales

    &#13

  • American Honda automobile product sales finished 2023 at 1.3M models in profits, up 33% 12 months-around-calendar year as manufacturing stabilized and logistics worries eased.
  • &#13

  • Moving into 2024, the Honda brand is expected to understand income of up to 1.3 million units and the Acura brand name will aim for 150,000 models. This will signify a income boost for American Honda ranging from 10-15% in contrast to 2023.  
  • &#13

  • American Honda is entering 2024 with robust stock of both equally vehicles and vehicles, protecting a solid position to go on the profits momentum into 2024.
  • &#13

  • The Honda CR-V hybrid was the greatest-selling hybrid car or truck in the U.S.—from any segment—in 2023. Product sales volume exceeded expectations, reaching 197,317 for the 12 months.
  • &#13

2024 Product or service Cadence
American Honda carries on to execute a move-by-action wise electrification method with an increase in hybrid volume and the introduction of its to start with substantial quantity electrical cars.

“In 2024, we will initiate income of three zero emissions cars that will support the firm recognize its aims of 100% zero emissions automobile gross sales by 2040 and eventually our purpose of carbon neutrality by 2050,” claimed Diallo.

Acura

    &#13

  • Acura will start off gross sales of the all-electric powered ZDX SUV in early 2024, with clients putting the transaction 100% online as a result of an all-new omni-channel retail working experience. Consumers can get started positioning orders for the ZDX starting up in February.
  • &#13

  • The MDX SUV, the brand’s most effective-advertising design, will acquire significant enhancements which includes styling modifications, the addition of Bang and Olufsen premium audio, a new technologies interface that includes Google-crafted in and a much more state-of-the-art AcuraWatch™ suite of driver assistive characteristics. MDX also will trade its touchpad for a new contactdisplay screen driver interface and a extra usable heart console.
  • &#13

  • The RDX will obtain updates to greatly enhance its charm and features. 
  • &#13

  • An all-new Acura crossover will debut afterwards this 12 months, positioned at the gateway of the lineup alongside the Integra.
  • &#13

Honda

    &#13

  • Honda will get started product sales of two zero emissions cars in 2024 – the all-new electric powered Prologue SUV and the CR-V Gas Cell Auto (FCEV).
  • &#13

  • The Prologue will go on-sale in the coming months, at first focusing on product sales in California and ZEV states together with BEV-helpful markets like Texas and Florida. A nationwide rollout will comply with the preliminary allocation.  
  • &#13

  • Primarily based on Honda’s most well-liked model, the new CR-V FCEV also will mark North America’s very first generation vehicle to combine a plug-in function with FCEV engineering in 1 design.
  • &#13

  • The Civic lineup will get styling and element enhancements for the 2025 design 12 months, together with the addition of a Civic hybrid for both of those the sedan and hatchback versions.
  • &#13

  • Civic hybrid will comprise about 40% of the models’ revenue when it launches this summer time, increasing hybrid quantity for the manufacturer which previously realized document hybrid revenue in 2023.
  • &#13

  • The Odyssey will get styling and technologies enhancements to maintain its competitiveness in the minivan phase.
  • &#13

Electrification and Sustainability Updates

    &#13

  • The business debuted its new worldwide EV collection called Honda Sequence and two thought versions, Saloon and House-Hub at CES 2024.
  • &#13

  • A output design primarily based on the Saloon strategy will be introduced in the U.S. in 2026.
  • &#13

  • As element of the new Honda EV Hub in Ohio, manufacturing strains have currently started to consolidate in preparation for EV manufacturing.  
  • &#13

About Honda
Honda offers a complete line of clean up, protected, enjoyable and related cars marketed as a result of extra than 1,000 unbiased U.S. Honda sellers. The award-profitable Honda lineup contains the Civic and Accord, alongside with the HR-V, CR-V, Passport and Pilot activity utility vehicles, the Ridgeline pickup and the Odyssey minivan. Honda’s electrified auto lineup includes the Accord hybrid, CR-V hybrid, and, later on this yr, Civic hybrid. The Honda Prologue SUV, Honda’s initial volume battery-electric motor vehicle, will also be part of the lineup in this calendar year. 

Honda has been developing vehicles in America for in excess of 40 many years and now operates 18 big producing facilities in North The us. In 2022, additional than 99% of all Honda vehicles marketed in the U.S. were manufactured in North America, with much more than two-thirds made in America, applying domestic and globally sourced components.

About Acura
Acura is a foremost automotive brand name committed to providing expressive styling, impressive engineering and superior-effectiveness, all crafted on the brand’s Precision Crafted Performance DNA. The Acura lineup consists of two activity sedans, the Integra and TLX, and 3 activity-utility autos, the RDX, MDX and all-electric powered ZDX. A line of significant-overall performance Style S variants further more show the virtues of Acura Precision Crafted Effectiveness. All Acura autos bought in The us are produced in the U.S., applying domestic and globally sourced sections.

More facts about Honda and Acura is readily available in the Digital Factbook. 

# # #