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Average Light Vehicle Price Up 0.5% in June

The average transaction price for light vehicles sold in the U.S. edged up in June from the previous month led by growth at Nissan Motor Co. (7201.TO, NSANY) and Ford Motor Co.( F), according to industry-research site TrueCar.com. The firm estimated the average transaction price for light vehicles in the U.S. was $30,508 in June, up 0.5% from May and 2.9% from a year ago. Year to year, Toyota Motor Corp. (TM, 7203.TO) and Honda Motor Co. (7267.TO, HMC) saw the most improvement, with prices up 8% and 5%, respectively. "Despite the relative slowdown in the last two months, the auto industry continues to experience improved profitability with strong year-over-year sales, historically high transaction prices and precise incentives spending," said Jesse Toprak, of TrueCar.com. TrueCar said the average incentive for light vehicles was $2,432 in June, down 4.8% from May and up 1.5% from a year earlier. TrueCar.com estimated the ratio of incentives to average transaction price for light-vehicles was 8% in June, down from 8.4% in May, and from 8.1% a year ago. Write to Saabira Chaudhuri at saabira.chaudhuri@dowjones.com

Stock News for Honda Motor (HMC)
DateTimeHeadline
04/28/201603:29:00Honda: Impact of The 2016 Kumamoto Earthquake on Production
04/26/201602:49:00Honda Sets All-Time Fiscal Year Records for Automobile Production...
04/25/201612:00:00U.S. Closes Probe Into Honda's Failure to Report Deaths, Injuries
04/25/201603:35:00Acura Exhibits World Premiere of All-New Acura CDX Compact SUV...
04/21/201603:31:00Honda: Impact of The 2016 Kumamoto Earthquake on Production
04/20/201623:48:00Honda Develops World's First, Unprecedented Mass-production Automobile...
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03/14/201605:18:00Overview of the Honda Exhibition at the 32nd Osaka Motorcycle...
03/10/201605:50:00Honda Vietnam Celebrates 20th Anniversary
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03/09/201620:52:00Thai Honda Celebrates 50 Years of Operations
03/08/201615:20:00Takata Enlists Restructuring Lawyers
03/04/201615:33:00Leasing Of Light Vehicles Sets Record In February
03/01/201608:40:00Fiat Chrysler U.S. Auto Sales Jump 12%
02/23/201616:00:00Auto Makers Pinpoint Root Causes for Takata Air-Bag Ruptures

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