Honda Motor Reports 3.2% Increase in U.S. Sales for 2016

American depository shares of Honda Motor Company rose 3% in Wednesday’s afternoon trade after it reported an all-time annual sales record of 1,637,942 Honda and Acura vehicles for 2016, an increase of 3.2% to exceed the company’s previous best set in 2015. For the month of December, total sales rose 6.4% to 160,477 from 150,893 vehicles in the same month last year.

The company also said that it set new annual and monthly total truck sales records, gaining 5.6% on sales of 813,243 units for the year, and 17.4% in December on sales of 85,568. Honda Division sales also set a new annual record, rising 4.8% on sales of 1,476,582 vehicles in 2016, as well as a new December record, gaining 6.9% on sales of 143,329 units. Honda trucks set new all-time best annual and monthly marks, gaining 6.7% on sales of 705,387 for the year, and 19% on sales of 73,380 for December. Honda cars were up 3.1% for the year on sales of 771,195 units.

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