Honda Reports 24 Percent Rise in December

Windsor, Alberta 1/07/2010 01:10 AM GMT (TransWorldNews)

American Honda Motor Co. Inc. reported Tuesday that its U.S. sales jumped 24 percent in December, but dropped 19.5 percent for the year, according to Associated Press.

 

The Penny Stock Picks, an online financial publication, provides investors timely stock market alerts.

Sign Up Today for our Free Newsletter

 

Sales jumped to 107,143 vehicles, compared to 86,085 in December 2008. For 2009 as a whole, sales fell to 1,150,784, compared to 1,428,765 last year.

 

Sales in the Honda division rose 18.9 percent in December, compared with 2008. However, the company's Acura division reported an 8.1 percent decline.

 

The Accord was the company’s best-selling model as sales increased 17.3 percent in December to 28,238. The CR-V increased sales by 24.5 percent to 18,686 to hit a new December record.

 

Sign Up for The Penny Stock Picks' FREE Penny Stock Newsletter.

 

About Us

 

The Penny Stock Picks is a financial website and independent electronic publication that provides information and free penny stock alerts on selected publicly traded companies. We also track small cap companies that may be positioned to break out.

 

The Penny Stock Picks is not a registered investment advisor or broker-dealer. Please do your own Due Diligence before investing in any of the stocks mentioned above. To feature a company on our web site please contact us at the email listed below.

 

Please click here to read the full disclaimer

 

admin@thepennystockpicks.com
www.thepennystockpicks.com

 

News Alerts

Receive alerts for ThePennyStockPicks.com to your inbox. Sign up for News Alerts