New car sales to rise in December despite high interest rates [USA TODAY]
Honda Motor Company, Ltd. (HMC)
Last honda motor company, ltd. earnings: 2/7 03:16 am
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Source: USA TODAY
Best high-yield savings accounts The seasonally adjusted annualized rate (SAAR) for total new-vehicle sales is expected to be 17.2 million units, up 1.1 million units. Honda and Nissan reportedly in merger talks to bolster automakers for EV future EV sales Consumer interest in electric vehicles is waning. Only 25% of new car buyers are considering an EV for their next purchase, a 2% decrease from last year. This decline is also impacting Tesla TSLA.O, which has seen its share of EV sales shrink in 2024. What's next US auto sales are set to hit 16.18 million units in 2025, up 1.2% from this year, according to a separate report from S&P Global Mobility. "Unfortunately, the new vehicle affordability issues that coalesced to constrain auto demand levels for much of 2024 will not be resolved quickly in 2025," said Chris Hopson, manager of North American light vehicle sales forecasting for S&P Global Mobility. Reporting by Anshuman Tripathy in Bengaluru; Editing by Tasim
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News
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HMC
Analyst Actions
- 12/18/24 - UBS Group AG
HMC
Sec Filings
- 12/18/24 - Form 6-K
- 11/15/24 - Form 6-K
- 11/6/24 - Form 6-K
- HMC's page on the SEC website