American Honda (HMC) reports August sales down 5.2% relative to last year to 132,734 units. “he year-over-year sales comparison is impacted by higher than usual August 2024 sales that resulted from the recovery of a major ransomware attack on a dealer software provider that pushed June and July sales into August 2024,” the company said in a statement.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HMC:
- Troubled Carmaker Nissan (NSANY) Gets Green Light to Team Up with China’s Auto Giant
- EU new car registrations up 7.4% in July
- General Motors Stock (GM) Melts after Fire Risk Forces Recall of Thousands of Corvettes
- Proctor & Gamble Stock (PG) Leaks after Saying ‘BumBum’ to Trump on Chinese Tariff Threat
- Honda Stock (HMC) Reverses as Millions of Vehicles Probed on Engine Safety Fears