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The American Honda Motor Company, Inc. (sometimes abbreviated as AHM) is the North American subsidiary of Japanese Honda Motor Company.Founded in 1959, the company combines product sales, service and coordinating functions of Honda in North America, and is responsible for distribution, marketing and sales of Honda and Acura brand automobiles, Honda Powersports products (motorcycles, scooters ...
Captives have a smaller share of the overall car financing market (new and used cars), along with banks, credit unions, and finance companies. A small number of cars are financed directly by the dealership at "Buy Here Pay Here" dealers, which cater to customers with subprime credit. Buy Here Pay Here financing accounts for 6% of the total ...
[71] [72] Honda began deliveries of the Fit EV in the United States in July 2012, and the car was available only through leasing at a price of US$389 per month for three years, based on base price of US$36,625, [73] and later the monthly lease payment was reduced to US$259 for all customers effective from June 2013. [74] [75]
American Honda Finance Corporation (AHFC), a wholly owned subsidiary of American Honda Motor Co., Inc., helps to satisfy the financing needs of consumers of Honda and Acura vehicles, as well as ...
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