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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
02/12/201604:49:00Honda 2016 Motorsports Program Overview
02/10/201608:50:00VW Recalls Vehicles in U.S. Over Air-Bag Problems
02/09/201616:00:00Daimler Recalls More Than 840,000 Vehicles Over Takata Air Bags
02/07/201620:30:00Ford to More Than Double Mexico Production Capacity in 2018
02/04/201612:30:00Continental Recalls Air-Bag Control Units
01/29/201608:00:00Honda Motor Co., Ltd. Reports Consolidated Financial Results...
01/28/201611:00:00Takata CEO Shigehisa Takada to Resign
01/25/201600:50:00Takata Shares Hit Seven-Year Low as Recalls Grow
01/21/201615:50:00U.S. Auto Recalls Set Record
01/11/201622:42:00The TOMODACHI Initiative and Honda Conduct "2016 TOMODACHI Honda...
01/08/201614:40:00Ford Boasts Buoyant Chinese Car Sales in 2015
12/23/201512:40:00Takata Air Bag Connected to Eighth Death in the U.S.
12/11/201515:40:00GM Gains Lift From Mobile Apps
12/10/201503:02:00Fiat Chrysler Faces More Penalties
12/09/201517:30:00U.S. Weighs Safety-Reporting Penalties Against Fiat Chrysler
12/01/201516:10:02Did a Lack of Discounts Hurt Honda's Sales?
11/30/201522:16:00Honda Will Participate in Exhibition During COP21
11/23/201511:40:00Ford Won't Equip Cars with Takata Air Bag Inflaters
11/22/201509:14:03Hydrogen Fuel Cells: The Next Big Thing or Technological Fad?
11/21/201512:13:02The Best Motorcycle in America Is Not Harley-Davidson

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