Accord Sales Dropped Massively In 2024 Honda Says It Was On Purpose

🚗 Honda Accord Sales Drop in 2024 – Why Honda Purposefully Reduced Production
In 2024, Honda Accord sales dropped by a significant 17.8%, with only 162,723 units sold compared to 197,947 units in 2023. But did this decline mean the end for the Accord? Not exactly! In this video, we explore why Honda reduced Accord production on purpose in 2024. The Marysville, Ohio factory consolidated production lines to make room for EV production, but Honda didn’t let the Accord’s sales dip slow them down—Civic sales actually saw a major increase, and overall Honda sales rose by 11%.

While the mid-size sedan segment is shrinking, Toyota Camry sales grew by 6.6% in 2024, while Hyundai Sonata posted a 53% increase. We also discuss how Chevrolet Malibu, Nissan Altima, and Kia K5 all saw significant declines in 2024, with Sonata making impressive gains.

Will Honda's strategic decisions work out in the long run? Watch now to understand what’s happening in the mid-size sedan market and how Honda is positioning itself for future growth with the Civic hybrid and EV plans.

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