TOKYO - Honda Motor will start selling a micro-sized electric van targeted at Japan's delivery industry in October, the Japanese automaker said on Thursday, joining an increasingly crowded part of the market.
Honda is a powerhouse in Japan's substantial market of kei micro-sized cars. Its N-Box model has long topped the ranks of Japan's kei passenger vehicle market.Micro kei vehicles are hugely popular among businesses and households to deliver agriculture produce, parcels and other goods in urban areas and the countryside in Japan, in part due to their relatively cheap price.
The Honda CR-V was among the first crossover SUVs available and it remains a popular choice over two decades after its introduction.Last month, S&P Global Mobility reported that the average age of passenger vehicles on U.S. roadways climbed to a record 12.6 years, as car owners held on to their vehicles longer amid low...Baby Boomers -- also known as simply "Boomers" -- are a generation of people who have grown up in and spend their hard-earned money on cars.
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