Honda Shocks the Car Market With Latest Announcement!
In this 13 November 2024 video, host Brandon, a used car dealer shares the ins and outs of the used car market from his perspective. He shares updates on car prices, what’s happening at the dealer auctions and what it’s like being a dealer. His goal is to share information to help customers make the best decisions while buying a car to save money. He does not want car dealers taking advantage of their customers.
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The new Accord has been poorly received by some, and Motor Trend says it’s worse than the previous model in almost every way.
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In 2020, Honda paid $85 million to settle a lawsuit brought by 48 states alleging that Honda concealed safety issues related to Takata airbags.
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American Honda is expecting to see increased sales in 2024, with Honda sales up to 1.3 million units and Acura sales up to 150,000 units. Honda is anticipating a 10–15% increase in sales for both brands compared to 2023.
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Honda has faced some reliability issues, including recalls for steering problems, catastrophic engine failures, and oil and fuel dilution issues. Consumers Reports has also lowered Honda’s reliability rankings in recent years.
https://youtu.be/LtVDwdRoIis
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