There’s good news for Honda regarding supply chain issues, and reports that it enters “2023 with roughly twice the amount of on-hand inventory compared to last year, with a 17 days’ supply.”
“Like the rest of the industry, we’re not completely out of the woods with supply issues yet, but we’re optimistic the Honda and Acura brands will achieve higher sales volumes this year,” said Vice President of Sales Mamadou Diallo, “With our new models, from our refreshed light truck line-up to the increased hybrid volume and our continued commitment to fun-to-drive cars, our brands are well positioned for 2023.”
Honda further aims to increase “core model” hybrid sales, specifically increasing sales volume to 50% of the sales mix for CR-V and Accord hybrids as part of its greater electrification strategy. This year will mark the beginning of Prologue pre-sales, the automaker’s first EV SUV. Deliveries are scheduled to begin in early 2024.