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

02.02McDonalds wants its customers to know that bigmac is a terrible password
01.02Apex Legends won't be playable on Nintendo Switch after its next season
01.02Apple is already thinking about its second foldable iPhone, and it may be a clamshell
01.02Apple's online store now lets you build a new Mac exactly the way you want
01.02Indonesia is lifting its ban on Grok, but with some conditions
01.02How to replace your AirTag battery
31.01NVIDIA is still planning to make a 'huge' investment in OpenAI, CEO says
31.01Ayaneo's Pocket S Mini has the perfect aspect ratio for revisiting classic console games
Marketing and Advertising »

All news

02.02Monday Watch
02.02Gold and silver ETFs crash up to 20% as precious metals slump further. What should investors do now?
02.02Anant Raj, Netweb Tech, other data centre stocks surge up to 7%. Whats triggering the surge?
02.026 tech-infused items under $30 to keep you warm this winter
02.02ETMarkets Smart Talk | 1015% allocation to gold and silver is enough for portfolios: Sandeep Bagla
02.02Negative Breakout: These 13 stocks cross below their 200 DMAs
02.02Asian shares drop as gold plunge deepens, dollar gains
02.02Sharp hike in STT pulls Nifty and Sensex down by 2%; brokerages feel the heat
More »
Privacy policy . Copyright . Contact form .