TOKYO, July 26 (Reuters) - Honda Motor Co. said on Wednesday it has budgeted higher outlays for U.S. sales incentives for the current business year to March 2007 as demand falters for light trucks such as sport utility vehicles. Japan's third-biggest auto maker said it now expects to spend more than $1.15 billion on U.S. sales incentives this year, or $100 million more than the $1.05 billion budgeted three months ago. "Our spending on incentives is still much lower than the industry's ...
Premium Content (PAID Subscription Required)
"Honda budgets higher US sales incentives for 06/07" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.