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US Auto Incentives In December Up 1.8% From November -Edmunds.com

DOW JONES NEWSWIRES Average per-vehicle incentives in the U.S. from auto makers rose 1.8% in December from the prior month, according to car-shopping website Edmunds.com, as five of the six major auto makers posted sequential increases. The industry gave out an average of $2,314 for each vehicle it sold in December, up from $2,272 in November and down from $2,538 in December 2010. Honda Motor Co. (HMC, 7267.TO) reported the biggest month-over-month increase in incentive spending, rising 7.2% from November. Chrysler Group LLC and Ford Motor Co. (F) both reported a 2.4% sequential increase in incentive spending. Edmunds said Chrysler's marketing and sales success in 2011 led to far less reliance on incentive spending last month. Chrysler posted a 27% year-over-year decrease in incentive spending, the biggest drop among the major auto makers. Toyota Motor Corp. (TM, 7203.TO) reported a 2.2% sequential increase while Nissan Motor Co. (NSANY, 7201.TO) spent 0.1% more on incentives in the latest month. General Motors Co. (GM) was the only major auto maker to spend less on incentives in December from November, posting a 1.2% decrease. GM had reported the biggest sequential increase in incentive spending in November from the prior month. -By Nathalie Tadena, Dow Jones Newswires; 212-416-3287; [email protected]

Stock News for Honda Motor (HMC)
DateTimeHeadline
03/21/201703:02:00Honda Dropped Ad Account Amid Strains -- WSJ
03/02/201703:02:00Car Makers Spend More on Discounts than Labor on a Car -- WSJ
03/01/201723:34:00Honda Electro Gyrocator Recognized as IEEE Milestone
02/28/201704:00:00Honda Announces New Research and Development Structure to Take...
02/27/201703:40:00Honda Sets Monthly Records for Automobile Production Worldwide...
02/27/201703:26:00Honda Celebrates One Million Automobile Production Milestone...
02/23/201708:29:00Ituran Announes DRIVE: The New Smart Mobility Innovation Center...
02/08/201703:02:00Honda in Electric-Vehicle Venture Honda, Hitachi Team Up on Motors...
02/07/201701:40:00Hitachi Automotive Systems and Honda Sign MoU Aiming to Establish...
02/04/201703:02:00Honda's Profit Rises as Air-Bag Cost Ebbs -- WSJ
02/03/201707:00:00Honda Motor Co., Ltd. Reports Consolidated Financial Results...
02/03/201703:10:00Honda Reports Consolidated Financial Summary for the Fiscal 3rd...
01/30/201718:29:00Honda Sets All-Time Calendar Year Production Records for Automobile...
01/30/201711:00:00GM and Honda to Establish Industry-First Joint Fuel Cell System...
01/23/201721:33:00Honda Announces Line-up for 2017 FIA WTCC
01/05/201703:03:00Auto Sales Zip to Annual Record -- WSJ
12/27/201601:50:00Honda Sets Monthly Production Records for Worldwide, Overseas...
12/22/201605:05:00Honda Reaches 100 million Worldwide Automobile Production Milestone
12/21/201621:02:00Honda and Alphabet Inc.'s Waymo Enter Discussions on Technical...
12/18/201622:29:00Honda to Begin Automobile After-Sales Business in Myanmar

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