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Honda may pass Chrysler in N.A. production

Posted Tuesday, May 12, 2009, 1:37 pm in Employee News

Motor Co., Japan’s second-biggest automaker, may build more vehicles than bankrupt Chrysler LLC in North America this year, further weakening Detroit’s grip on its home market, the Bloomberg news service reported.

Honda narrowed the gap to 17,011 vehicles at the end of April from 236,645 a year earlier, and with most Chrysler plants shut for as long as 60 days, analysts expect the Japanese automaker to overtake its rival, according to Bloomberg. Honda may also surpass Chrysler in U.S. sales to trail only bankruptcy-threatened General Motors Corp., Toyota Motor Corp. and Ford Motor Co., the news service said.

Honda, fifth in the U.S. since 1988, has outsold Chrysler this year as of April. Its sales in the country slid 32 percent to 332,014, compared with a 46 percent drop for Auburn Hills, Michigan-based Chrysler to 323,890, the story said. (Bloomberg)
 
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