Industry News · Tuesday, May 26, 2026

Honda Wins Indy. Your Trade-In Is Moving.

Two stories from the week that matter for Honda shoppers: the Indy 500 win lands at the worst possible moment in Honda’s narrative — and perfectly resets it. The trade-in math depends entirely on which segment you’re in.

By Henry Chen Maple Honda · Vaughan Published 2026-05-26
Honda Prelude hybrid coupe in white at speed through a tunnel

Photo: Honda. The Prelude — the showroom side of the engineering culture that just won the Indy 500.

TL;DR

Today’s stories
Story 1 · Honda Racing

Honda Wins the Closest Indy 500 in History by 0.0233 Seconds

Rosenqvist passes Malukas (Team Penske / Chevrolet) on the final lap. Honda’s 17th win. 70 lead changes. The same engineering culture that wins like this built your CR-V hybrid system.

Read the story →
Story 2 · Used Market

Canadian Wholesale Used Prices Still Sliding — Which Way Is Your Honda Trade-In Moving?

Compact cars stabilizing. Minivans still falling 1.29% a week. The segment you’re in changes the trade-in timing math significantly — here’s how to read it.

Read the story →

The Through-Line

Honda’s year has been dominated by the narrative of retreat — the Ontario EV plant suspension, the write-downs, the hybrid pivot. Sunday’s Indy 500 win doesn’t change the business strategy, but it does something the press releases can’t: it proves the engineering culture is intact and competing at the highest level. The used market data adds the shopper angle: buyers who know which segment is moving, and in which direction, can time their trade-in with more confidence. This week, that means getting a trade-in appraisal if you’re in an Odyssey, and not panicking if you’re in a Civic.

Ask Henry a question

Not ready to book anything? Just ask. Henry Chen answers every message himself — usually within a couple of hours during business hours. No call list, no pressure, and no obligation to buy anything.

Prefer another way? Call or text 647-523-6878 · email henry@maplehonda.com

Henry Chen · Sales & Leasing Consultant · Maple Honda, 89 Auto Vaughan Dr, Maple, ON