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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; nathalie.tadena@dowjones.com

Stock News for Honda Motor (HMC)
DateTimeHeadline
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01/08/201514:47:09U.S. Fines Honda $70 Million for Failing to Report Safety Issues--Update
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01/07/201521:40:11Asian Shares Rise as Crude Prices Ease
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01/05/201508:30:51U.S. Auto Sales Rise in December, Capping Strong Year -- Update
01/05/201508:06:08Nissan, Honda Post U.S. Auto Sales Gains in December -- Update
12/02/201420:23:43Honda's Lending Unit Facing U.S. Charges of Discriminatory Lending...
12/02/201418:43:33Honda's Lending Unit to Face U.S. Charges of Discriminatory Lending
12/02/201416:24:39U.S. New-Car Sales Pace Nears Record Level -- 5th Update
12/02/201415:36:30GM, Chrysler U.S. Sales Rise in November, Ford Declines -- 4th...
12/01/201409:29:14India's Big Car Makers Post Higher Sales in November
11/30/201420:19:34It's Showtime for November Auto Sales
11/25/201417:15:40VW Drives for Gains in Southern China

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