(American Honda November sales fell 15.3%. "Honda November Sales Rise 1.8% Despite Production Cuts" at 4:10 p.m. ET incorrectly said that November sales rose in the headline and first and second paragraphs. The correct version follows.)
By Katherine Hamilton
American Honda sales plunged in November, weighed down by production impacts from an industry-wide shortage of semiconductors and the expiration of electric vehicle rebates.
The car company on Tuesday said it sold 15.3% fewer vehicles in November than it did in the same month a year ago, with sales of Honda down 16.8% and Acura down 1.4%.
Total car sales fell 5.6%, while total truck sales fell 18.8%.
Sales of electrified vehicles fell 28.8% to 28,280 in November from a year ago. EV sales have taken a hit lately after a key federal tax credit for electric vehicles expired at the end of September.
The company said it is experiencing production impacts from a semiconductor supply shortage. In October, Honda started temporary production reductions and stoppages at its North American factories, The Wall Street Journal reported.
Nexperia, a Netherlands-based chipmaker, stopped exporting products from China earlier this year, prompting several automakers to brace for a shortage. The stoppage is related to a geopolitical dispute among the Dutch, Chinese and U.S. governments.
Year-to-date, Honda America has sold more than 1.3 million vehicles, up 1.8% from a year ago.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
(END) Dow Jones Newswires
12-02-25 1744ET
