Fleet News

Honda prepares for fleet boost with UK-built Accord hatchback

THE boom in Honda fleet sales looks set to continue with an all-new Accord hatchback which has started to come off the Swindon production line. Fleet sales are 28.09% up year on year at 10,701 out of total new car sales up 12.64% at 28,655, and Honda believes the September launch of the five-door model - a hatchback version of the second European Honda Accord - will continue its advance.

Total Accord sales are set to rise to about 25,000 units a year, with most purchased or leased by business users. The five-door is expected to account for about half of total Accord sales, with UK deliveries set to start in September. There is expected to be a slight price premium for the new car over the saloon, with prices ranging from £15,000 to £22,000. The five-door Accord is the fourth Honda in production at Swindon, joining the Accord four-door, Civic five-door and Civic Aerodeck.

Honda is part way through a £1.15billion investment in its UK manufacturing capability and product line. The current phase includes £240million on new models and the creation of a second car plant scheduled for the end of 2000 and costing £130million. Honda also has a second investment phase during which future spend on new vehicles looks set to be £200million by 2002.

Early next year, Honda will begin importing the Logo, a Japanese-made small car introduced in other European markets earlier this year. Provisional data gives a combined fuel economy figure of 41.5mpg and a CO2 emission rating of 160gm/km. A spokesman said it will be act as a 'stop-gap' in the B-segment market until an all-new small car is launched in 2002. Work is about to start on Honda's second European car plant at Swindon which will be the home of the new car.

Leave a comment for your chance to win £20 of John Lewis vouchers.

Every issue of Fleet News the editor picks his favourite comment from the past two weeks – get involved for your chance to appear in print and win!

Login to comment


No comments have been made yet.

Compare costs of your company cars

Looking to acquire new vehicles? Check how much they'll cost to run with our Car Running Cost calculator.

What is your BIK car tax liability?

The Fleet News car tax calculator lets you work out tax costs for both employer and employee