Xorte logo

News Markets Groups

USA | Europe | Asia | World| Stocks | Commodities



Add a new RSS channel

 
 


Keywords

2023-01-25 15:00:54| Engadget

Honda has big plans for the new year and electrification will play a huge part of that, the company's recently-promoted SVP of Sales, Mamadou Diallo, told reporters on Tuesday. Expect to see a lot more Honda and Acura hybrids on the road this year, ahead of a major EV push come 2024.Overall, Honda is officially aiming to move 1.2 million units in 2023, with Acura shooting for 160,000 units, a 20 - 25 percent increase over what they sold in 2022. And although the company managed to maintain a single-digit days' supply of vehicles throughout last year, it enters 2023 with a glut of cars and trucks and a 17-day supply. As such, dealers are going to be looking to move a lot of that inventory before this year's models start arriving so fingers crossed, we could potentially see some Tesla-level price cuts in the near future."In 2023, we will see the strategies we've been talking about, including growing sales of light truck models, increasing volume of hybrid-electric models and the start of digital sales at Acura," Diallo said in a Wednesday press release. "All this leads toward our vision of 100-percent electrified sales by 2040 to fulfill our ultimately goal of zero emissions by 2050." The ZDX and ZDX Type S will be Acura's first full-EV offerings and serve as the harbingers of the company's new, exclusively online EV sales strategy. Diallo didn't have much additional information regarding how the system would work such as whether haggling was allowed or how individual vehicle prices would be set but assured the assembled journalists, "as we get closer to [the ZDX debut], we certainly will be discussing this a little bit more with our dealer body and the press in general. For right now we're still finalizing all those details." Acura joins Ford, Volvo, GM and VW in shifting its electrified vehicle sales to the digital marketplace. For its part, Honda is planning a significant increase in its hybrid vehicle production in 2023, starting with the newly-redesigned Accord and Accord Hybrid (they'll also be Honda's first with Google Built-In). The company "will continue to increase hybrid sales through core models as an important step in bridging customers to full electrified vehicles while reducing GHG emissions," the Wednesday release reads. Honda anticipates a solid half of this year's CR-V and Accord sales to be of the hybrid variety and its efforts bolstered in 2024 with the introduction of a new Civic hybrid. Sales for the all electric Prologue begin this year with deliveries set for 2024.


Category: Marketing and Advertising

 

Latest from this category

19.12Steam Winter Sale discounts Clair Obscur, Silent Hill f and more
18.12Googles NotebookLM introduces Data Tables feature
18.12LG will let you delete the previously unremovable Microsoft Copilot shortcut on its smart TVs
18.12AirTags are back on sale, with a four-pack retailing for $65
18.12Auto chip shortage: Honda will pause production in Japan and China
18.12The Displace Hub can make your normal TV wireless
18.12Apple is bringing even more ads to the App Store
18.12Trump Mobile's T1 still doesn't exist, but the company is now selling refurbished phones
Marketing and Advertising »

All news

19.12Will tech trump tradition at bakers and biscuit makers?
19.12100 contactless card limit to be lifted
19.12100 contactless card limit to be lifted
19.12Friday to be busiest travel day of festive season
19.12How much more your Christmas dinner will cost this year
19.12How much more your Christmas dinner will cost this year
19.12Column: Can the Chicago Bears owners find true happiness in an enclosed stadium off the Skyway?
19.12TikTok signs deal to sell US unit to American investors
More »
Privacy policy . Copyright . Contact form .