Honda (HMC) - good buy?

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Toyota’s U.S. sales fell 5.6 percent in June from a year ago despite an extra selling day, while Honda had a 3.2 percent increase in sales for the month...

[Honda] also reached a new June record for light trucks, which gained 2.2 percent on sales of 68,780.

Honda division trucks also set a new June record, jumping 6.6 percent on sales of 61,469 vehicles, while sales of Honda cars rose 7.7 percent to 65,894 units. Acura division sales jumped 26.9 percent to 11,352 units.

For the year to date, sales of Honda and Acura vehicles are up 5.2 percent from the year-earlier period.

On the truck side, sales of CR-V reached a new all-time June record, while Pilot and Odyssey each made notable gains for the month. The all-new 2017 Ridgeline got off to a strong start in its first weeks on the market, notching 2,472 sales after just over one week on the market.

"With the all new Ridgeline pickup and the redesigned Accord Hybrid back in the lineup, we're continuing to expand and strengthen our portfolio as we look toward a third straight year of record results," said Jeff Conrad, senior vice president and general manager of the Honda Division.

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The National Highway Traffic Safety Administration (NHTSA) has declared nearly 313,000 Honda Motor Co., Ltd. HMC vehicles to be risky to drive due to unrepaired defective Takata airbags. While the company has notified the owners of the impending recall several times, these Honda and Acura vehicles have not been brought in for repairs.

However, new tests revealed that the airbag inflators of some Honda and Acura vehicles manufactured over the period 2001-2003 have up to 50% chance of exploding while inflating. When these inflators explode, they send metal fragments shooting into the car that may injure or kill occupants. Hence, the NHTSA has advised owners to stop driving these vehicles and bring them in for repairs as soon as possible.

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