Honda Will Bring the New Product Bandwagon to Detroit

  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn


The Detroit Auto Show next month is shaping up to look like quite the party, and Honda (NYSE:HMC) isn’t about to be left out. The Japanese company is planning on using the venue to introduce the new Acura TLX and the new, American-market ready Honda Fit.

Mike Accavitti, the vice president of American Honda, told reporters this week at a press event in Detroit that sales of Honda’s beloved compact — that’s the Fit — have been under some pressure due to production constraints, though the 2015 Fit should alleviate these issues when it begins production at Honda’s new plant in Celaya, Mexico, Reuters reports. The third-generation Fit will hit showrooms in the spring.

The Fit has seen sales of 49,000 units, up 7 percent through November compared with the same period from 2012.

More Articles About:

To contact the reporter on this story: To contact the editor responsible for this story:

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business