March 2019

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2009 Honda CR-V LX
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Honda Automotive News
Industry-wide Challenges Not Slowing Down Honda

Honda was the retail best-selling passenger car brand in America in 2018 – a first in the brand’s 49-year history – according to just-released retail sales data from Urban Science. Leading the charge was the Honda Civic – as was the case here in Canada – which continues to dominate as the retail #1 car in America for the third straight year. Civic also led all cars and light trucks in share of all-important millennial, Gen Z and first-time new vehicle buyers.

Accord also finished the year on a strong note, leading retail sales in the midsize car segment for the second half of 2018, while also joining Civic as the top two most popular models with first-time retail consumers, according to data from Strategic Vision.

“Passenger cars are a key part of Honda’s brand power and will remain an absolutely essential part of our business,” said Henio Arcangeli, Jr., senior vice president of the American Honda Automobile Division & general manager of the Honda brand. “The Honda Civic and Accord play an outsized role in attracting first-time buyers, young buyers and a growing population of multicultural consumers to Honda.”

Honda’s full-year passenger car sales results were boosted by all-time record retail sales of electrified Honda models, led by the Accord Hybrid, Insight compact hybrid sedan and Clarity Plug-In Hybrid.

Honda also set its fourth consecutive record year for light truck sales in 2018, with big gains from the Pilot, record sales of CR-V, and continued leadership by Odyssey as the retail #1 minivan in America, now nine years running.

Passenger cars capture 55 percent of first-time car buyers, according to data from Strategic Vision’s New Vehicle Experience survey, and Honda captures the most first-time new vehicle buyers of any brand in America, spearheaded by Civic and Accord as the #1 and #2 vehicles in the industry among first-time buyers.

Civic also has captured the most millennial buyers in every year since 2011, with Accord consistently in the top three among millennial buyers, while Civic also leads the industry in sales to Gen Z customers.

Further, demonstrating leadership among multi-cultural buyers, Civic was recently recognized by the National Association of Minority Automobile Dealers and IHS Markit for having the highest ethnic volume for the 2018 model year2, an award Honda has won for three straight years.

Honda loyalty also measures at the top of the industry, and that leadership in retention extends to millennial and multicultural buyers, helping Honda create a great opportunity to build lifetime customers for the brand.

With a win in every vehicle type Honda produces—electrified vehicle, passenger car, SUV, minivan and pickup truck—Honda also won multiple accolades in the 2019 Kelley Blue Book Resale Value Awards. The all-new 2019 Insight plus 2019 Civic, HR-V and Odyssey were top-ranked in their respective segments with the 2019 Ridgeline included in the top 10 for Best Overall Resale Value.

The 2019 Kelley Blue Book Best Resale Value Awards honor automakers’ outstanding achievements in producing vehicles that best retain their value over the first five years (60 months) of new-vehicle ownership, a very good indicator of a model’s overall value-retention ability.

Honda’s 2019 Kelley Blue Book Best Resale Value Award winners are:

  • Best Resale Value: Hybrid Car – 2019 Honda Insight
  • Best Resale Value: Compact Car – 2019 Honda Civic
  • Best Resale Value: Subcompact SUV/Crossover – 2019 Honda HR-V
  • Best Resale Value: Minivan – 2019 Honda Odyssey
  • Best Resale Value: Top 10 – 2019 Honda Ridgeline

Interested in exploring a new Honda? There is definitely a Honda made just for YOU. Click the TEST DRIVE button below and one of our friendly product specialists will help you identify the perfect model and trim level for your lifestyle and budget.

Published by DrivingSuccess.ca on behalf of Brantford Honda
Includes copyrighted material of DrivingSuccess.ca and its suppliers.