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MARYSVILLE, Ohio (COLUMBUS BUSINESS FIRST) — Honda sales are down 40% through the first seven months of 2022.
The automaker, which bases much of its North American operations in Marysville, Tuesday said July sales were down 47.4% to 71,235 vehicles in that period. That remains on trend for the year as parts shortages, namely microchips, continue to hamper supply.
Demand, however, remains strong.
Honda Motor Co. (NYSE: HMC) said it is seeing unprecedented turn rates for both Honda and Acura models as consumers have been pre-buying much of the available stock.
The 2023 HR-V, for example, sold more than 4,000 units in its first month and its current production pipeline is already pre-sold to customers.
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