Honda Motor Co Tag Page
Toyota Could Invest Into The Mitsubishi Regional Jet
46 years ago Japan had their own domestically built passenger aircraft, the NAMC YS-11. It was a turbo prop aircraft that seated 64 passengers and would cruise at 22,900 feet at 282 MPH with a range of 1,367 miles. The reign of production was carried out for 12 years, from 1962 to 1974. Recently, on [...]
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Honda to cut production by another 18,000 vehicles
Honda to cut production by another 18,000 vehicles Topix - Business News Thu, 11/20/2008 - 16:54 NEW YORK : Honda Motor Co. said Thursday it will cut its North American production by another 18,000 vehicles, citing the industry wide drop in demand for new vehicles.
Fitch Ratings Ltd.puts Toyota in "Rating Watch Negative"
Fitch Ratings Ltd.puts Toyota in "Rating Watch Negative" Famous credit rating agency, Fitch Ratings Ltd. put Toyota Motor Corporation (TYO:7203) on “Rating Watch Negative” from its previous “AAA” ratings. This drop is obviously the result in sales slump. Toyota Motor Corp. is facing such downgrades for the first time in last ten years. According to Fitch Ratings, Toyota will be kept under continuous review for the next several weeks. Another reputed Japanese automaker, Honda Motor Co., Ltd
Car Sales In The Tank
Wow, these are some stunning numbers. From the Baltimore Sun: GM said its sales of cars and light trucks tumbled 45 percent from a year earlier. Ford Motor Co. saw a 30 percent decline, and Toyota Motor Corp. posted a 23 percent drop. Honda Motor Co. sales were down 25 percent, and Nissan Motor Co.’s slid 33 percent. Later in the article, Volkswagen is mentioned with a drop of nearly 8%. A generally yucky economy isn’t helping, but mostly it’s still about the credit markets - that’s what thi
Honda Motor Co., Ltd. (NYSE:HMC) - 2Q 09 revenues in line with our expectations. Free research report for 2Q 09 results.
Honda Motor Co., Ltd.’s (Honda) 2Q 09 revenues and net performance were in line with our expectations. Considering the recent volatility and weakness in global financial markets, Management has revised downwards its estimates for FY 2009. Considering Management’s expectations are below our FY 2009 expectations, coupled with our concern over Honda’s high exposure to the North American market and weak domestic outlook; we are likely to revise our estimates downwards. Consequently we reiterate o
Honda exports from Thailand up 11 pct
Honda exports from Thailand up 11 pct Bangkok (dpa) - Honda-brand products exported from Thailand earned 80.98 billion baht (2.6 billion dollars) during the first nine months of this year, a 11 per cent increase year-on-year, Asian Honda Motor Comany announced Monday. But exports of Honda automobiles, motorcycles and power products grew only 4 per cent in the third quarter, pointing to a downward trend. “Compared with 18 per cent growth in second quarter 2008, the export growth is declining
Automakers to lower production in Britain
Automakers to lower production in Britain LONDON (Kyodo) Japanese automakers operating in Britain have announced production cuts due to the slowing European economy, but Toyota Motor Corp., Nissan Motor Co. and Honda Motor Co. have so far announced no workforce reductions. Carmakers from other countries have also cut back in Britain in recent months, but given the size of their footprint, the state of the Japanese producers is particularly important for the economy. Nissan, the biggest autom
Honda's hydrogen car is smooth but has hindrances
Honda's hydrogen car is smooth but has hindrances Topix - Business News Mon, 10/20/2008 - 00:18 For years, hydrogen fuel cell vehicles have been the far-off technological bets of the auto industry _ the car that holds the promise of gasoline-free driving. Honda Motor Co. is starting to give a small number of drivers a glimpse into the future. The Honda FCX Clarity debuted in July, and the automaker is leasing about 200 of the cars to customers in Southern California during the next three yea
Honda Motor Co., Ltd. (NYSE:HMC) - Significant decline in common stock price since our 1Q 09 update report. Free research report.
Honda Motor Co., Ltd.’s (Honda) common stock has declined significantly since our 1Q 09 update report. We believe this decline is primarily fuelled by rising concerns over the US economy falling into recession. Furthermore, Honda has reported a 24.0% decline in sales from the North American region for the month of September 2008 due to the adverse credit conditions and lower consumer spending. We expect further weakness in revenues and operating margin. Consequently, although the current pric
Honda Insight Concept Hybrid Vehicle Revealed at Paris Motor Show
The concept will make its U.S. debut at Los Angeles Auto Show; production version will debut at North American International Auto Show Honda revealed a concept version of its new small hybrid vehicle, named Insight, at the 2008 Paris Motor Show. The new Insight Concept shares styling cues with the Honda FCX Clarity fuel cell vehicle and provides an early look at the highly anticipated five-passenger hybrid vehicle. Takeo Fukui, president and chief executive officer of Honda Motor Co., Ltd
Honda Motor Co., Ltd. (NYSE:HMC) - Over-dependence on North American region an ongoing concern. Free research report for 1Q 09 results.
Honda Motor Co., Ltd.’s (Honda) high exposure to the North American region, with rising crude oil prices and a fall in demand, remains a concern. However, we believe its product diversity, comprising hybrid sedans and compact fuel efficient cars, will offer some resistance to the expected decline in vehicle sales from the North American region. Furthermore, we also anticipate the motorcycle business to generate continuing demand from emerging markets going forward. Margins are expected to exp
Honda Motor Company Limited is launching Acura in Russia
The growing economy of Russia has increased demand of luxury cars. Already Toyota Motor Corporation (TYO: 7203) and Nissan Motor Company Limited (TYO: 7201) are selling their luxury cars. Now, Honda Motor Company Limited (TYO: 7267) is launching its luxury car in Russia. The second largest Japanese auto maker is going to launch its Acura [...]
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