Honda’s new unit sales drop in its third quarter
February 12, 2008
Filed under Uncategorized
Honda’s powersports new unit sales in North America declined in its third quarter compared to the year-ago period.
The company’s third-quarter financial report shows a 4.6 percent drop in new unit sales in North America to 102,000 units. That number includes motorcycles, ATVs and PWC. For motorcycles alone, Honda’s third-quarter sales in North America declined 13.3 percent from a year ago to 52,000.
Overall, however, the company’s net income for its third quarter increased 38 percent compared to the past-year period to more than $1.7 billion.
For more on the financial report, see an upcoming edition of Powersports Business.