It’s tough to flourish in this financial times, especially if you’re a car company. But somehow, Honda is managing to jump ahead of the herd in these times of economic uncertainty and has managed to actually set a new production record for the month of October.
In announcing its production summary today, Honda stated that October 2008 experienced a year-on-year increase for the second consecutive month, setting an all-time record for the month of October. According to MarketWatch, production in regions outside of Japan experienced a year-on-year decrease for the first time in two months, though production in North America set an all-time record for any month and production in Asia and China set all-time records for the month of October.
With Honda setting all-time records in production and seeing year-on-year increases for consecutive months, this is extremely good news for car companies. Many are claiming that good domestic sales and the popularity of models like the Honda Fit and the Freed are leading to this economic spike in Honda Motor Co.
Regardless of the overall cause, Honda is certainly doing something right. The car company is assured continued success in these tough times if it sticks to the program and continues to produce quality automobiles that people are actually interested in driving. For more, check out your local Lansdale Honda dealer.