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 CR-V Hybrid — the volume model tied to the May 26 Honda racing and used-market brief

Photo: Honda Canada. CR-V Hybrid sits at the intersection of the May 26 Honda racing and used-market stories.

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.

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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.

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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.