News

Honda announces C$15M EV production hub in Ontario, Canada

  • Honda Motor (NYSE:HMC) announced it is investing C$15 million (US$11 million) to build four new manufacturing plants in Ontario, Canada, to build out its electric vehicle capabilities.  The automaker said it has started the evaluation process for a Honda EV plant and a stand-alone Honda EV plant in Alliston, Ontario.
    04/25/2024

Honda to invest $11 billion to set up an EV hub in Canada

  • Honda Motor Co Ltd says it will invest $11 billion to set up an EV hub in Ontario, Canada. Shares of the automaker are in the red at writing.
    04/25/2024
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The price of Honda Motor Co., Ltd. (HMC) is 34.59 and it was updated on 2024-05-04 07:00:31.

Currently Honda Motor Co., Ltd. (HMC) is in overvalued.

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Honda Commits to E.V.s With Big Investment in Canada

  • The Japanese automaker, which has been slow to sell electric vehicles, said it would invest $11 billion to make batteries and cars in Ontario.
    Thu, Apr. 25, 2024

Honda to build $11 billion electric vehicle hub in Canada

  • Honda and its joint venture partners plan to invest $11 billion in Ontario, Canada to create a "comprehensive EV value chain," the Japanese automaker announced.
    Thu, Apr. 25, 2024

Asahi Kasai to build EV battery component plant in Canada to supply Honda, Nikkei reports

  • Asahi Kasei plans to spend about 200 billion yen ($1.3 billion) to build a battery component factory in Canada, the Nikkei newspaper said on Wednesday.
    Tue, Apr. 23, 2024

Honda Motor (HMC) Rises But Trails Market: What Investors Should Know

  • Honda Motor (HMC) closed the most recent trading day at $34.58, moving +0.09% from the previous trading session.
    Tue, Apr. 23, 2024

Honda to build major EV plant in Canada: govt source

  • Japanese auto giant Honda will open an electric vehicle plant in eastern Canada, a Canadian government source familiar with the multibillion-dollar project told AFP on Monday.
    Tue, Apr. 23, 2024
SEC Filings
SEC Filings

Honda Motor Co., Ltd. (HMC) - 20-F

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Honda Motor Co., Ltd. (HMC) - UPLOAD

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Honda Motor Co., Ltd. (HMC) - CORRESP

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Honda Motor Co., Ltd. (HMC) - SC 13G

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Honda Motor Co., Ltd. (HMC) - CORRESP

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Honda Motor Co., Ltd. (HMC) - CORRESP

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Honda Motor Co., Ltd. (HMC) - 20-F

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Honda Motor Co., Ltd. (HMC) - CORRESP

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Honda Motor Co., Ltd. (HMC) - CORRESP

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Honda Motor Co., Ltd. (HMC) - CORRESP

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Honda Motor Co., Ltd. (HMC) - UPLOAD

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Honda Motor Co., Ltd. (HMC) - CORRESP

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Honda Motor Co., Ltd. (HMC) - 20-F

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Honda Motor Co., Ltd. (HMC) - 20-F

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Honda Motor Co., Ltd. (HMC) - 20-F

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Honda Motor Co., Ltd. (HMC) - F-6EF

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Honda Motor Co., Ltd. (HMC) - CORRESP

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Honda Motor Co., Ltd. (HMC) - CORRESP

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Honda Motor Co., Ltd. (HMC) - UPLOAD

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Honda Motor Co., Ltd. (HMC) - 20-F

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Honda Motor Co., Ltd. (HMC) - F-6 POS

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Honda Motor Co., Ltd. (HMC) - SC 13G

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Honda Motor Co., Ltd. (HMC) - 20-F

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Honda Motor Co., Ltd. (HMC) - 20-F

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Honda Motor Co., Ltd. (HMC) - F-6EF

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Honda Motor Co., Ltd. (HMC) - 20-F

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Press Releases
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News

Honda, Canada on Verge of Deal to Build EV-Assembly Plant in Ontario

  • Honda Motor is nearing a deal to assemble EVs and components in Canada, with the government agreeing to partly offset the Japanese auto maker's capital costs through recently unveiled tax breaks.
  • 04/22/2024

Honda to invest $808 million in Brazil by 2030

  • Japanese automaker Honda will invest 4.2 billion reais ($807.74 million) in its Itirapina plant in Brazil by 2030, an executive said on Friday, adding the company aims to develop a hybrid-flex vehicle in the South American country.
  • 04/19/2024

Honda (HMC) to Launch 6 Next-Generation EVs in China by 2027

  • Honda (HMC) aims to introduce six next-generation EV models under its new brand, Ye, in China by 2027.
  • 04/17/2024

US NHTSA opens probe into braking issues in 3 mln Honda vehicles

  • The U.S. National Highway Traffic Safety Administration (NHTSA) said on Wednesday it had opened an engineering analysis to investigate reports of unexpected activation of automatic emergency braking system on around 3 million American Honda Motor vehicles.
  • 04/17/2024

Honda to launch next-generation EVs in China by 2027

  • Japan's Honda Motor plans to launch six next-generation electric vehicle (EV) models branded Ye in China by 2027, the automaker said on Tuesday.
  • 04/16/2024

New Mexico's EV Mandate Supports Sustainability Amid Challenges

  • While the mandate marks progress toward sustainability, concerns related to affordability and inadequate EV charging infrastructure in rural areas persist.
  • 04/10/2024

US Vehicle Sales in Q1 Display Continued Demand Momentum

  • In the first quarter of 2024, U.S. vehicle sales continue to see upward momentum due to improvements in inventory levels and better pricing.
  • 04/03/2024

Honda Motor (HMC) Sees a More Significant Dip Than Broader Market: Some Facts to Know

  • Honda Motor (HMC) concluded the recent trading session at $36.83, signifying a -1.07% move from its prior day's close.
  • 04/01/2024

A Closer Look at China's Changing EV Landscape

  • The once-booming EV market in China is experiencing a slowdown due to economic challenges and reduced government subsidies, prompting a shift in strategy among local and international automakers.
  • 03/28/2024

Honda Motor Co., Ltd. (HMC) Is a Trending Stock: Facts to Know Before Betting on It

  • Zacks.com users have recently been watching Honda (HMC) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
  • 03/28/2024

Why Honda Motor (HMC) is a Top Momentum Stock for the Long-Term

  • Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
  • 03/27/2024

Honda Motor (HMC) Falls More Steeply Than Broader Market: What Investors Need to Know

  • In the most recent trading session, Honda Motor (HMC) closed at $37.28, indicating a -1.06% shift from the previous trading day.
  • 03/25/2024

Honda (HMC) Upgraded to Buy: Here's What You Should Know

  • Honda (HMC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
  • 03/20/2024

Honda Motor (HMC) Beats Stock Market Upswing: What Investors Need to Know

  • In the closing of the recent trading day, Honda Motor (HMC) stood at $36.43, denoting a +1.03% change from the preceding trading day.
  • 03/18/2024

Honda, Nissan See One Way to Catch Tesla and Lower EV Costs: Collaboration

  • Nissan and Honda will start to work together on “vehicle electrification and intelligence.”
  • 03/18/2024

Japanese Automakers Honda, Nissan Explore EV Partnership

  • Honda Motor (HMC) and Nissan are exploring an electric vehicle (EV) partnership that will bring together two of Japan's largest automakers at a time when many companies are scaling back their EV expansion plans amid soaring costs and slowing demand.
  • 03/15/2024

Honda and Nissan Look to Tie Up in EVs to Compete With China, U.S. Rivals

  • Japanese automakers are trying to catch up to more their cost-competitive rivals abroad.
  • 03/15/2024

Nissan considering partnership with Honda on EVs - sources

  • Nissan Motor is considering seeking a business partnership with Honda Motor on key components for electric vehicles to cut production costs, three people familiar with the matter at Nissan said.
  • 03/15/2024

Honda, Nissan to sign MoU on comprehensive EV cooperation, NHK reports

  • Japanese car makers Honda and Nissan have decided to sign a memorandum of understanding on a comprehensive cooperation in their electric vehicle businesses, public broadcaster NHK reported on Friday.
  • 03/14/2024

Japan's Nissan could seek partnership with Honda, TV Tokyo says

  • Japan's Nissan Motor is considering seeking a business partnership with Honda Motor , TV Tokyo reported on Wednesday, citing unnamed sources.
  • 03/13/2024

Investors Heavily Search Honda Motor Co., Ltd. (HMC): Here is What You Need to Know

  • Zacks.com users have recently been watching Honda (HMC) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
  • 03/13/2024

Nissan, Honda consider China output cuts, Nikkei reports

  • Japan's Nissan Motor and Honda Motor are considering cutting production in China as they face stiff competition from BYD and other electric vehicle makers, the Nikkei newspaper reported on Tuesday.
  • 03/12/2024

US opens probe into 250,712 Honda vehicles over braking issues

  • The U.S. National Highway Traffic Safety Administration (NHTSA) on Monday opened a preliminary evaluation into about 250,712 Honda Insight and Honda Passport vehicles over inadvertent activation of automatic emergency braking.
  • 03/11/2024

Honda's first electric SUV qualifies for full EV tax credit

  • The first EV SUV offering from Honda Motor Company, the Prologue, comes in at a price point that makes it eligible for the full federal EV tax credit of $7,500
  • 03/08/2024

3 Top Ranked Stocks with Bargain Valuations

  • As the market rallies day after day, and valuations in the leading stocks begin to look stretched, picking up companies with discount valuations can ease the nerves. Investors who buy stocks trading below historic valuations enjoy a certain confidence that growth investors often have to swallow.
  • 03/05/2024

Honda Motor Co., Ltd. (HMC) is Attracting Investor Attention: Here is What You Should Know

  • Honda (HMC) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
  • 02/29/2024

This Top Auto, Tires and Trucks Stock is a #1 (Strong Buy): Why It Should Be on Your Radar

  • Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Rank.
  • 02/29/2024

New Strong Buy Stocks for February 29th

  • UGP, KNSA, EIG, AMSF and HMC have been added to the Zacks Rank #1 (Strong Buy) List on February 29, 2023.
  • 02/29/2024

Best Income Stocks to Buy for February 29th

  • AMSF and HMC made it to the Zacks Rank #1 (Strong Buy) income stocks list on February 29, 2023.
  • 02/29/2024

Best Value Stocks to Buy for February 29th

  • UGP, HMC and COLL made it to the Zacks Rank #1 (Strong Buy) value stocks list on February 29, 2023.
  • 02/29/2024

Should Value Investors Buy Honda Motor Co. (HMC) Stock?

  • Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
  • 02/26/2024

Are Auto-Tires-Trucks Stocks Lagging Honda Motor Co. (HMC) This Year?

  • Here is how Honda Motor (HMC) and Modine (MOD) have performed compared to their sector so far this year.
  • 02/20/2024

Honda (HMC) Beats on Q3 Earnings, Lifts FY24 Sales & Profit View

  • For fiscal 2024, Honda (HMC) forecasts revenues of 20.2 trillion yen, up from 20 trillion yen guided earlier. The revised estimate indicates an uptick of 19.5% year over year.
  • 02/20/2024

Honda Aircraft introduces its 'certified pre-owned program' to Asia

  • Amod Kelkar, senior vice president and chief commercial officer of Honda Aircraft, also discusses the features of the HondaJet.
  • 02/20/2024

Sony, Honda EV venture to roll out three models before 2030 - Nikkei

  • A joint venture set up by Japan's Sony Group and Honda Motor will introduce three electric vehicle (EV) models by the second half of this decade, the Nikkei business daily reported on Wednesday.
  • 02/14/2024

Honda Motor Co., Ltd., (HMC) Q3 2024 Earnings Call Transcript

  • Honda Motor Co., Ltd., (HMC) Q3 2024 Earnings Call Transcript
  • 02/09/2024

Analyst Favorites: 3 Top Stock Picks in the Automotive Sector

  • Recently, the narrative surrounding the auto industry's top stock picks has focused on which company can perfect the electric car. That question may be the wrong one to focus on for investors, however.
  • 02/09/2024

Are Investors Undervaluing Honda Motor Co. (HMC) Right Now?

  • Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
  • 02/08/2024

Honda Motor's Profit Rose on Stronger Car Business

  • Honda Motor reported a rise in third-quarter net profit thanks partly to stronger earnings from its car businesses.
  • 02/08/2024

Honda posts 35% Q3 profit jump, lifts full-year forecast

  • Japan's Honda Motor on Thursday posted a 35% rise in third-quarter operating profit to 379.8 billion yen ($2.55 billion), largely in line with analysts' estimates, and slightly raised its full-year forecast.
  • 02/08/2024

Honda (HMC) Recalls 750K Vehicles Due to Airbag Concerns

  • Honda (HMC) issues a recall of 750,000 US vehicles due to airbag defects, citing potential cracks in weight sensors leading to unintentional deployment.
  • 02/07/2024

Honda recalls more than 750,000 vehicles to fix faulty passenger-seat air-bag sensor

  • DETROIT — Honda is recalling more than three quarters of a million vehicles in the U.S. because a faulty sensor may cause the front passenger air bags to inflate when they're not supposed to in a crash.
  • 02/06/2024

Honda recalls 750,000 vehicles to address air bag defect

  • Honda announced the recall of 750,000 vehicles in the U.S. to fix a defective seat weight sensor that could cause air bags to deploy unintentionally in the event of a crash.
  • 02/06/2024

Honda Recalls 750,000 Vehicles Over Air Bag Problem: Civic, Odyssey, Accord Models Affected

  • Honda is recalling more than 750,000 vehicles installed with faulty air bag sensors, which could cause the air bags to deploy unintentionally in a crash, the National Highway Traffic Safety Administration said Tuesday, the latest recall by the Japanese automaker in recent months.
  • 02/06/2024

Honda Motor to recall over 750,000 vehicles in US - NHTSA

  • American Honda Motor Co is recalling about 750,000 vehicles in the U.S. due to an air bag that may deploy unintentionally during a crash, the National Highway Traffic Safety Administration (NHTSA) said on Tuesday.
  • 02/06/2024

Here's Why Honda Motor (HMC) is a Strong Value Stock

  • Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
  • 02/05/2024

Honda Motor (HMC) Stock Slides as Market Rises: Facts to Know Before You Trade

  • In the closing of the recent trading day, Honda Motor (HMC) stood at $33.53, denoting a -0.71% change from the preceding trading day.
  • 02/02/2024

Is Honda Motor Co. (HMC) Stock Outpacing Its Auto-Tires-Trucks Peers This Year?

  • Here is how Honda Motor (HMC) and Modine (MOD) have performed compared to their sector so far this year.
  • 02/02/2024

3 Top Foreign Auto Picks Riding the Industry's Strength

  • The Zacks Automotive- Foreign industry ranks within the top quartile among approximately 250 Zacks industries. Industry players like BYDDY, BMWYY and HMC appear solid bets.
  • 01/30/2024

Best Income Stocks to Buy for January 26th

  • PCAR, HMC and ISNPY made it to the Zacks Rank #1 (Strong Buy) income stocks list on January 26, 2023.
  • 01/26/2024

Honda Motor (HMC) Increases Yet Falls Behind Market: What Investors Need to Know

  • Honda Motor (HMC) closed at $32.26 in the latest trading session, marking a +0.19% move from the prior day.
  • 01/25/2024

Tesla Earnings Were a Car Crash, 2 Auto Stocks Investors Can Buy Instead

  • I think we can now explain why Tesla  TSLA  CEO Elon Musk has been so loud about his robotics and AI developments over the autos – because growth of EV sales is slowing markedly.
  • 01/25/2024

GM-Honda Joint Venture Begins Hydrogen Fuel Cell Production

  • General Motors Co. (GM) and Honda Motor Co. (HMC) Thursday announced the start of hydrogen fuel cell production from their 50-50 joint venture in Michigan.
  • 01/25/2024

Honda, GM fuel cell venture launches commercial production

  • General Motors and Honda have begun shipping fuel cell power systems to customers from a factory near Detroit, they said on Thursday, a new test of whether hydrogen power technology can achieve mass-market success.
  • 01/25/2024

GM, Honda begin U.S. fuel cell production in step toward replacing diesel

  • Many in the automotive industry view fuel cells as a replacement for use cases for diesel fuel in things such as generators, heavy-duty trucks and semitrucks.
  • 01/25/2024

Honda to address HR-V rear windows shattering in cold weather

  • Honda is planning to address an issue with the 2023 HR-V crossover SUV that has led to rear windows unexpectedly shattering because the glass is weakened by the use of the defroster.
  • 01/23/2024

Is Honda Motor Co. (HMC) Stock Undervalued Right Now?

  • Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
  • 01/23/2024

Best Income Stocks to Buy for January 23rd

  • SCS, HMC and AEO made it to the Zacks Rank #1 (Strong Buy) income stocks list on January 23, 2023.
  • 01/23/2024

Honda (HMC) Expects 2024 US Sales to Rise on High Hybrid Demand

  • Honda (HMC) projects its US sales to hit 1.4 million units in 2024 amid rising demand for its hybrid and gas-powered models.
  • 01/20/2024

Honda Motor (HMC) Stock Dips While Market Gains: Key Facts

  • In the closing of the recent trading day, Honda Motor (HMC) stood at $32.36, denoting a -1.01% change from the preceding trading day.
  • 01/19/2024

7 EV Stocks to Buy as the Sector Races for a Recovery

  • While seemingly everyone was talking about the electrification of mobility, a forced pit stop might yield a more favorable entry point for EV stocks to buy. Though electric vehicles are likely the future, the sector suffered a setback as the combination of sharply accelerating inflation and rising borrowing costs took their toll on consumers.
  • 01/17/2024

Honda Motor (HMC) Stock Falls Amid Market Uptick: What Investors Need to Know

  • Honda Motor (HMC) reachead $32.15 at the closing of the latest trading day, reflecting a -0.09% change compared to its last close.
  • 01/12/2024

Why Honda Motor (HMC) is a Top Value Stock for the Long-Term

  • Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
  • 01/11/2024

7 High-Growth Stocks to Boost Your Portfolio in 2024

  • Growth stocks made a big comeback in 2023, outperforming value stocks by 31%. This is the second biggest outperformance on record (data goes back to 1979) — only 2020 saw a bigger outperformance.
  • 01/10/2024

Honda Sees Self-Driving Vehicles by End of Decade

  • Honda Motor's chief executive officer appeared to walk back a previously announced plan to deploy a self-driving car in central Tokyo by early 2026 in partnership with General Motors Co. and its autonomous vehicle unit Cruise. The Japanese automaker now expects driverless vehicles to debut in urban environments by the end of the decade, CEO Toshihiro Mibe said Tuesday in an interview with Bloomberg Television.
  • 01/10/2024

Honda teases new EVs with futuristic 'Space-Hub' and 'Saloon' concept cars

  • Honda revealed two concept cars Tuesday at CES as a preview for a new lineup of global electrified vehicles that will begin arriving in North America in 2026.
  • 01/09/2024

Honda unveils plans for new EV lineup

  • Japanese automaker Honda Motor announced on Tuesday plans to launch a new electric vehicle series from 2026, as it plays catch-up with global rivals in the shift to battery powered cars.
  • 01/09/2024

Honda teases new EVs with futuristic 'Space-Hud' and 'Saloon' concept cars

  • Honda revealed two concept cars Tuesday at CES as a preview for a new lineup of global electrified vehicles that will begin arriving in North America in 2026.
  • 01/09/2024

Canada, Honda representatives to meet about potential EV plant -source

  • Canadian officials are meeting with representatives of Honda Motor Co this week, a government source said, following a news report from Sunday that said the carmaker was considering building an almost 2 trillion yen ($13.9 billion) electric vehicle (EV) plant in the country.
  • 01/08/2024

Honda (HMC) Contemplates $14B Plan to Produce EVs in Canada

  • Per Japan's Nikkei news group, Honda (HMC) is considering a plan to build an electric vehicle plant in Canada for $14 billion.
  • 01/08/2024

Honda weighs $14 bln plan for EV production in Canada- Nikkei

  • Honda Motor Co is considering building an electric vehicle plant in Canada, with the project possibly involving in-house production of batteries, Nikkei reported on Sunday.
  • 01/07/2024

Honda: R&D In EV Initiatives, Expecting Recovery In 2024, And Very Cheap

  • Honda's recent lower revenue is offset by beneficial deals in the EV industry and R&D efforts in the growing EV sector. Expectations for 2024 include single-digit revenue increases and improved operating profit. Honda's healthy balance sheet and declining debt, along with its electrification efforts, could drive demand for the stock.
  • 12/28/2023

Honda Motor (HMC) Stock Drops Despite Market Gains: Important Facts to Note

  • The latest trading day saw Honda Motor (HMC) settling at $30.51, representing a -0.29% change from its previous close.
  • 12/27/2023

Honda (HMC) Recalls 2.5M Vehicles Over Fuel Pump Defect

  • Honda (HMC) calls back more than 2.5 million vehicles due to faulty fuel pump that may lead to engine failure while driving.
  • 12/27/2023

Honda recalls 4.5M vehicles over potential fuel pump issue

  • Honda Motor's (NYSE:HMC) US division has announced a recall of roughly 4.5 million vehicles globally due to concerns of possible fuel pump failure.  The recall affects 2.54 million vehicles in the US and follows similar recalls of 136,000 US vehicles in 2020 and another 628,000 in 2021 due to the same issue.
  • 12/21/2023

Honda recalls 2.5M vehicles due to fuel pump issue

  • Honda (HMC) is recalling 2.5 million cars after reporting a fuel pump issue that could put drivers at risk of a crash. This follows Toyota's (TM) recent recall of 1 million Toyota and Lexus vehicles with airbag issues, and a recall from Tesla's (TSLA) last week.
  • 12/21/2023

Honda recalls 2.5 million vehicles due to fuel pump issue

  • A fuel pump-related issue has prompted Honda to issue a recall of over 2.5 million vehicles, according to a recall report submitted earlier in the week to the NHTSA.
  • 12/21/2023

Honda recalls 4.5M vehicles worldwide including Accords, Civics over fuel pump issue

  • The recall includes 2.54 million vehicles in the United States and comes after the automaker previously recalled 628,000 US vehicles in 2021 and 136,000 in 2020 for the same issue.
  • 12/21/2023

Toyota, Honda Car Recalls Top Tesla's

  • Honda is recalling some 2.5 million vehicles while Toyota is recalling about a million vehicles to address issues with fuel pumps and air bags, respectively.
  • 12/21/2023

Honda To Recall More Than 100,000 Hybrid Vehicles Over Risk Of Fire, Injury In A Crash

  • Honda will recall roughly 106,000 CR-V hybrid vehicles over a missing fuse that can short-circuit the battery cable, increasing the risk of fire or injury during a crash, the National Highway Traffic Administration said Wednesday, adding to millions of recalls nationwide over the last month—including two additional Honda recalls.
  • 12/20/2023

Why Honda Motor (HMC) Outpaced the Stock Market Today

  • Honda Motor (HMC) concluded the recent trading session at $30.19, signifying a +1.27% move from its prior day's close.
  • 12/19/2023

Honda Motor (HMC) Exceeds Market Returns: Some Facts to Consider

  • In the latest trading session, Honda Motor (HMC) closed at $29.81, marking a +1.26% move from the previous day.
  • 12/18/2023

UAW accuses Honda, Hyundai and Volkswagen of union-busting

  • The United Auto Workers union says foreign automakers Honda, Hyundai and Volkswagen all engaged in unfair labor practices against workers seeking to unionize in U.S. shops.
  • 12/12/2023

UAW Files Charges Against Honda, Hyundai, and Volkswagen as Its Membership Grows

  • The United Automobile Workers (UAW) union filed labor practice charges against Honda Motor Co. (HMC), Hyundai Motor Co., and Volkswagen for suppressing unionization efforts in several U.S. states as the union steps up its efforts to expand membership.
  • 12/12/2023

UAW charges Honda, Hyundai and Volkswagen with illegal unionbusting

  • The United Auto Workers, fresh off negotiating record labor contracts with the Big Three Detroit automakers, filed unfair labor practice charges with the National Labor Relations Board against Honda Motor (NYSE:HMC), Hyundai and Volkswagen Group (XETRA:VOW) on Monday. The UAW alleged that a Honda facility in Indiana; a Hyundai plant in Alabama and a Volkswagen facility in Tennessee have engaged in “union-busting as workers organize to join the UAW,” the union said.
  • 12/11/2023

Auto Workers Allege Union-Busting At Honda, Hyundai, And Volkswagen

  • The United Auto Workers have filed unfair labor charges against Honda, Hyundai, and Volkswagen—three of the largest non-unionized auto manufacturers in the U.S.—less than two weeks after they began a push to organize workers at the non-union shops.
  • 12/11/2023

UAW strikes again – VW, Honda, and Hyundai are at its radar this time

  • United Auto Workers just accused three automakers – Volkswagen (ETR: VOW3), Hyundai (KRX: 005380), and Honda Motor (TYO: 7267) of unfair labour practices. Shares of all three still ended in the green on Monday.
  • 12/11/2023

UAW files unfair labor practice charges against Hyundai, Honda and VW, accusing them of union busting

  • The UAW has filed unfair labor practice charges with the National Labor Relations Board against Honda, Hyundai and Volkswagen, the union said Monday.
  • 12/11/2023

Honda (HMC) Recalls 300K Plus Vehicles for Seatbelt Defects

  • Honda (HMC) recalls more than 300,000 2023-2024 HR-Vs and Accords due to front seatbelt defect.
  • 11/28/2023

Honda recalls more than 300,000 Accords and HR-Vs over missing piece in seat belts

  • NEW YORK — Honda is recalling select 2023-2024 Accord and HR-V vehicles due to a missing piece in the front seat belt pretensioners, which could increase injury risks during a crash.
  • 11/26/2023

EV Picks With Potential: 3 Stocks Offering More Than Just Hype

  • Although the usual line remains the same – electric vehicles are the future – several hyped EV stock picks have suffered the curse of the market jinx. With various pressures such consumer demand erosion and a sector-wide price war clouding the burgeoning industry, electric mobility is arguably facing its first true test.
  • 11/23/2023

3 Electric Motorcycle Stocks Primed to Race Ahead

  • Electric motorcycle stocks are worth watching. These companies have been pioneering the electric revolution in recent years, and there's good reason to believe that electric motorcycle stocks will be worth substantially more in the future.
  • 11/21/2023

Here's Why You Should Retain Honda Motor (HMC) Stock Now

  • Honda (HMC) is set to gain from its expanding lineup of electric vehicles, frequent collaborations and cost-containment efforts. However, high R&D expenses remain a headwind.
  • 11/17/2023

Honda (HMC) Q2 Earnings Top Estimates, FY24 Profit View Raised

  • For fiscal 2024, Honda (HMC) forecasts an operating profit of 1.2 trillion yen, up from the previous projection of 1 trillion yen and implying growth of 53.7% year over year.
  • 11/17/2023

Why a Jump in US Demand for Honda Cars Put Its Earnings in Focus This Week

  • In this weekly feature, we highlight a company that reported earnings outside of analysts' expectations, with a focus on what the beat or miss says about consumer demand and economic activity.
  • 11/11/2023

Biden hails 11% pay raise for Honda's U.S. workers

  • President Joe Biden welcomed Honda Motor 11% pay hike for its U.S. facility workers on Friday, a day after celebrating the United Auto Workers' agreements with the Detroit Big Three automakers and backing efforts to organize Tesla and Toyota.
  • 11/10/2023

Honda joins Toyota in raising U.S. wages for its auto workers as unionization push looms

  • Honda Motor Co.'s U.S. unit joined other foreign carmakers in raising their automobile workers' wages in the wake of historic wins for the United Auto Workers and as the union has vowed to intensify its organizing push.
  • 11/10/2023

Is Honda Motor Co. (HMC) Outperforming Other Auto-Tires-Trucks Stocks This Year?

  • Here is how Honda Motor (HMC) and Toyota Motor Corporation (TM) have performed compared to their sector so far this year.
  • 11/10/2023

Honda gives US production workers 11% pay hike

  • Honda Motor said on Friday it was implementing an 11% pay increase for production workers at its U.S. facilities from January.
  • 11/10/2023

3 Best Buys From the Promising Foreign Auto Industry

  • The foreign auto industry is thriving on soaring EV demand and rising sales in key markets like India, Japan and Europe. Industry participants like TM, STLA and HMC make for solid investment options.
  • 11/10/2023

Honda shares slide in Tokyo after profits miss expectations

  • Honda Motor's shares 7267, -5.74% dropped sharply after its operating and net profits for the fiscal first half missed analysts' expectations.
  • 11/09/2023

These 2 Top Ranked Car Manufacturer Stocks are Insanely Cheap

  • With the explosion in popularity of electric vehicles in the last few years, it seems that Tesla  TSLA  has sucked all the air out of the room, pulling investors from incumbent auto manufacturers.
  • 11/09/2023

Should Value Investors Buy Honda Motor Co. (HMC) Stock?

  • Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
  • 11/06/2023

After Plunging -5.91% in 4 Weeks, Here's Why the Trend Might Reverse for Honda (HMC)

  • Honda (HMC) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
  • 11/01/2023

Honda Motor (HMC) Rises But Trails Market: What Investors Should Know

  • In the latest trading session, Honda Motor (HMC) closed at $30.75, marking a +0.49% move from the previous day.
  • 10/31/2023

Wall Street Analysts See Honda (HMC) as a Buy: Should You Invest?

  • The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
  • 10/27/2023

Battery maker warns demand could slow for EVs as GM-Honda partnership falls apart

  • Global market conditions are contributing to slowed demand for electric vehicles. Automakers, including GM and Honda, have responded by scrapping plans to produce affordable EVs.
  • 10/26/2023

Honda CEO on Relation With GM, China

  • Honda Motor Co. is shelving plans to jointly develop affordable electric vehicles with General Motors Co. due to a changing business environment, says Chief Executive Officer Toshihiro Mibe. He spoke in an interview with Bloomberg's Kurumi Mori.
  • 10/25/2023

GM and Honda punt on plan to build millions of affordable EVs together

  • General Motors and long-time partner Honda have ended plans to build millions of affordable and smaller electric vehicles as the automakers come to terms with high interest rates and battery costs coupled with softening EV demand. The end to the EV partnership comes 18 months after the two companies announced plans to co-develop affordable electric vehicles.
  • 10/25/2023

GM and Honda abandon plans of building lower cost EVs

  • General Motors Company (NYSE: GM) says it has decided to exit plans of working with Honda Motor Co Ltd (TYO: 7267) on lower cost electric vehicles for now. Its shares are down another 2.0% at writing.
  • 10/25/2023

GM, Honda scrap plans to co-develop 'affordable' sub-$30,000 EVs

  • The cancellation by GM and Honda is the latest in a growing number of decisions by automakers to scale back or scrap previously announced EV plans.
  • 10/25/2023

Honda shelves plan to co-develop smaller EVs with GM - Bloomberg News

  • Honda Motor is shelving plans to jointly develop affordable electric vehicles (EVs) with General Motors due to a changing business environment, Bloomberg News reported on Wednesday, citing an interview with Honda CEO Toshihiro Mibe.
  • 10/25/2023

Sony Honda Mobility could procure EV batteries from US, president says

  • Sony and Honda's automotive joint venture could procure batteries for its new Afeela electric vehicle from the United States where Honda is building a factory, the president of Sony Honda Mobility told Reuters on Wednesday.
  • 10/25/2023

Here is Why Growth Investors Should Buy Honda (HMC) Now

  • Honda (HMC) is well positioned to outperform the market, as it exhibits above-average growth in financials.
  • 10/24/2023

Are Investors Undervaluing Honda Motor Co. (HMC) Right Now?

  • Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
  • 10/19/2023

GM and Honda team up on autonomous ride service for Japan

  • General Motors and Honda, along with Cruise — GM's autonomous driving subsidiary — have agreed to create a driverless ride-hailing company in Japan. The company will use the Cruise Origin autonomous vehicle to give rides in Tokyo, Japan's largest city. The companies plan to begin providing services in 2026.
  • 10/19/2023

GM, Cruise and Honda to launch robotaxi service in Japan

  • General Motors, self-driving car subsidiary Cruise and Honda plan to launch a robotaxi service in Japan under a new joint venture, the three companies announced today. The companies intend to launch the service with the custom-built Cruise Origin vehicles in central Tokyo in early 2026.
  • 10/18/2023

Honda, GM plan to launch driverless taxi service in Japan in 2026

  • Honda Motor 7267, -1.88% HMC, -2.07% and General Motors GM, -2.80% plan to begin driverless ride services in Japan in 2026, targeting a wide range of customers.
  • 10/18/2023

Charging Forward: Honda's Strategy For Sustained Growth

  • Honda's share price has dipped by 13.7% in the last 15 days, providing a buying opportunity for investors. Honda's strong Q4 performance, access to the largest charging network in North America, and successful R&D efforts indicate future growth. Honda's manufacturing efficiency, research and development, and expansion into electric and alternative fuels give them a competitive advantage in the industry.
  • 10/16/2023

(HMC) Rises As Market Takes a Dip: Key Facts

  • In the latest trading session, Honda Motor (HMC) closed at $34.09, marking a +0.83% move from the previous day.
  • 10/12/2023

The Zacks Analyst Blog General Motors, Honda, Toyota, Ford and Stellantis

  • General Motors, Honda, Toyota, Ford and Stellantis are part of the Zacks top Analyst Blog.
  • 10/12/2023

Honda, Mitsubishi Corp sign pact to optimise use of EV batteries

  • Japanese automaker Honda Motor and trading house Mitsubishi Corp have signed a pact to explore new businesses using electric vehicle (EV) batteries, the companies said on Thursday.
  • 10/12/2023

Honda Motor (HMC) Exceeds Market Returns: Some Facts to Consider

  • Honda Motor (HMC) concluded the recent trading session at $32.77, signifying a +1.55% move from its prior day's close.
  • 10/06/2023

Q4 Stock Predictions: 7 Auto Stocks Ready to Roar Into 2024

  • In recent times, the buzzing topic in the realm of auto stocks has been the strike initiated by the United Auto Workers Union. However, peering beyond this immediate hurdle, long-term investors should be more interested in the prospects of autonomous driving and the proliferation of electric vehicles (EVs).
  • 10/02/2023

Detroit Auto Strikes Create Opportunity in Japan

  • Japanese automakers may be a major beneficiary of the Detroit strikes, with their US competitors likely to get bogged down in the negotiations and hurt sales. Hideyuki Sano reports on Bloomberg Television.
  • 09/26/2023

Should You Invest in Honda (HMC) Based on Bullish Wall Street Views?

  • When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
  • 09/26/2023

Navigating the IPO Minefield: 3 Hidden Gems

  • IPOs are the lifeblood of the stock market but can also present risk. Strategist Andrew Rocco walks you through pitfalls to watch, and 3 IPOs set to outperform over the next 6-12 months.
  • 09/22/2023

Growth Of Chinese EV Players A Looming Threat For Honda Stock?

  • Japan's second-largest automaker, Honda Motor stock (NYSE: HMC), has seen its stock outperform this year, rising by almost 60% year-to-date.
  • 09/21/2023

Work-from-home is huge —and here to stay

  • They thought the work-from-home revolution that took place during the Covid lockdowns would come to an end when the crisis was over.
  • 09/18/2023

Ford ($F), Honda, and BMW Partner to Create ChargeScape Platform; Integrating EV Utilities

  • Ford Motor Company (NYSE: F), a leading electric vehicle manufacturer, Honda, and BMW are partnering to create ChargeScape, an equally-owned company set to revolutionize the electric vehicle (EV) industry in the U.S. and Canada. This innovative platform will connect EV utilities, automakers, and EV customers, offering benefits to all parties.
  • 09/12/2023

Ford, Honda and BMW create EV grid-services company

  • Ford Motor Co., Honda Motor Co.'s U.S. unit HMC, +0.29% and BMW Group BMW, +0.28% said Tuesday that they are creating an electric-vehicle grid-services company that aims to connect electric utilities, automakers and EV owners in a managed EV-charging system.
  • 09/12/2023

Honda Latest Carmaker To Adopt Tesla's Charging Standards As EV Competition Soars—Here Are The Others

  • Honda will join a litany of automakers that have given their drivers access to Tesla's growing charger network.
  • 09/07/2023

3 Auto Stocks to Buy for Growth & Value

  • Investors will not want to overlook these automakers as their growth stories and valuations are very attractive.
  • 08/10/2023

Honda (HMC) Beats on Q1 Earnings, Expects Higher FY24 Sales

  • For fiscal 2024, Honda (HMC) forecasts revenues of 18.2 trillion yen, indicating an uptick of 7.6% year over year.
  • 08/10/2023

Honda Motor Co., Ltd. (HMC) Q1 2024 Earnings Call Transcript

  • Honda Motor Co., Ltd. (NYSE:HMC ) Q1 2024 Earnings Conference Call August 9, 2023 4:00 AM ET Company Participants Eiji Fujimura - Operating Executive and Head of Accounting, Finance, Supervisory Unit Masao Kawaguchi - Operating Executive, Head of Accounting and Finance Supervisor Unit Conference Call Participants Unidentified Company Representative Thank you very much for coming despite your busy schedule today.
  • 08/10/2023

Strong US Sales Boost Honda's Operating Profit, Sending ADRs Higher

  • ADRs of Honda advanced as the carmaker reported a big increase in U.S. sales and announced a stock split.
  • 08/09/2023

Honda Breaks Out On Earnings Rebound As Chip Shortages Ease

  • This Japanese automaker's earnings rebounded in a big way thanks to robust sales in the key U.S. market. Honda stock rose.
  • 08/09/2023

Honda posts 78% jump in Q1 operating profit

  • Japan's Honda Motor reported a 78% rise in quarterly profit on Wednesday, boosted by both increased sales, especially in the North American market, and a weaker yen.
  • 08/09/2023

Honda reports 78% rise in Q1 operating profit

  • Japan's Honda Motor on Wednesday posted a 78% rise in first-quarter operating profit to 394.4 billion yen ($2.76 billion), beating analysts' estimates.
  • 08/09/2023

3 Top-Rated Stocks to Buy as Earnings Approach

  • Here are three top-rated stocks worthy of investors' consideration ahead of their quarterly reports on Wednesday, August 9.
  • 08/07/2023

Honda (HMC) to Report Q1 Earnings: What's in the Offing?

  • The Zacks Consensus Estimate for Honda's (HMC) earnings per share and revenues is pegged at 99 cents and $33.57 billion, respectively, for the first quarter of 2024.
  • 08/03/2023

GM, Honda, Hyundai, other major automakers announce plan to build electric vehicle charging network

  • Seven top automakers announced Wednesday their intentions to build a high-powered charging network with at least 30,000 chargers across the U.S. and Canada.
  • 07/26/2023

Car companies like Honda, BMW, and Hyundai are banding together to build an EV-charging network bigger than Tesla's Supercharger empire

  • Seven automakers plan to build an electric-vehicle charging network to take on Tesla. Tesla's Supercharger network is by far the largest in North America.
  • 07/26/2023

Seven major automakers, including GM, Stellantis and Honda, join to create US charging network

  • Seven major automakers are coming together to create a joint venture that will build out a large electric vehicle fast-charging network in the North America, in an attempt to make electric vehicles more attractive to consumers. The companies -- General Motors, BMW Group, Honda, Hyundai, Kia, Mercedes-Benz and Stellantis -- plan to install at least 30,000 chargers in the United States and Canada.
  • 07/26/2023

GM, BMW, Honda, Mercedes to launch electric vehicle charging network to challenge Tesla

  • The dramatic move is intended to speed the adoption of electric vehicles, allaying fears that chargers won't be available for long distance travel.
  • 07/26/2023

G.M. and Other Automakers Will Build 30,000 Electric Vehicle Chargers

  • The companies will jointly spend at least $1 billion to build a North American network in an effort to persuade more people to buy battery-powered cars and trucks.
  • 07/26/2023

Is Honda Motor Co. (HMC) Stock Undervalued Right Now?

  • Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
  • 07/19/2023

Will the U.S. Auto Market Momentum Continue in 2H23?

  • The U.S. auto market is expected to maintain its momentum in the second half of 2023 on the back of strong consumer demand and improved inventory levels, despite high borrowing costs.
  • 07/10/2023

5 Things to Know Before Markets Open

  • Meta's new Twitter rival, Threads, signed up 10 million users after its launch, and job openings are expected to fall. Here's what investors need to know today.
  • 07/06/2023

Strong demand drives U.S. new vehicle sales nearly 17% higher in first half of 2023

  • Demand for new SUVs, trucks and cars in the U.S. picked up steam in the second quarter, but the stronger sales kept prices high for consumers.
  • 07/05/2023

New Strong Buy Stocks for June 30th

  • HMC, JHX, EXP, RYI and MTH have been added to the Zacks Rank #1 (Strong Buy) List on June 30, 2023.
  • 06/30/2023

Best Value Stocks to Buy for June 30th

  • HMC, ASBFY and HGV made it to the Zacks Rank #1 (Strong Buy) value stocks list on June 30, 2023.
  • 06/30/2023

Best Income Stocks to Buy for June 30th

  • HMC, RYI and ASBFY made it to the Zacks Rank #1 (Strong Buy) income stocks list on June 30, 2023.
  • 06/30/2023

Honda (HMC) Recalls 1.2M Vehicles to Address Rear Camera Issue

  • Honda (HMC) issues a recall for 1.2 million U.S. vehicles, including 2018-2023 Odyssey minivans, 2019-2022 Pilot SUVs and 2019-2023 Passport SUVs, on a rear camera issue.
  • 06/26/2023

Honda recalls 1.2 million SUVs and minivans as faulty rearview camera raises risk of crash or injury

  • Honda Motor Co. has recalled about 1.2 million sport-utility vehicles and minivans, because the rearview-camera image may not appear on the display, increasing the risk of a crash or injury.
  • 06/26/2023

Honda Recalls 1.2 Million Vehicles Because of a Potentially Faulty Rearview Camera

  • American depositary receipts of Honda Motor declined after the Japanese carmaker recalled 1.2 million SUVs and minivans because of potential problems with the rearview camera.
  • 06/23/2023

Honda Recalls 1.2 Million Vehicles Because of a Potentially Faulty Rearview Camera

  • American Depositary Receipts of Honda Motor declined after the Japanese carmaker recalled 1.2 million SUVs and minivans because of potential problems with the rearview camera.
  • 06/23/2023

Honda recalling over 1M vehicles due to rearview camera issues

  • Honda is recalling roughly 1.2 million vehicles in the U.S., including the Pilot and Odyssey, because the rearview camera image may fail to display on the dashboard screen.
  • 06/23/2023

Honda to recall about 1.2 mln vehicles in US - NHTSA

  • Honda Motor Co is recalling about 1.2 million vehicles in the United States due to an issue with the rearview camera image which may not appear on the display, the National Highway Traffic Safety Administration (NHTSA) said on Friday.
  • 06/23/2023

U.S. companies told to adapt as Washington fights against forced labor in China: ‘It's going to be a very different environment'

  • A focus on forced labor and enforcement actions to fight against it are “here for some time,” according to a U.S. Customs and Border Protection official.
  • 06/22/2023

3 Attractive Large-Caps For a Steady Approach

  • Large-caps are typically less volatile, making them great considerations for those seeking a steady approach without spooky price swings.
  • 06/21/2023

Here's Why Momentum in Honda (HMC) Should Keep going

  • Honda (HMC) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.
  • 06/16/2023

3 Auto Stocks You Had Better Not Miss

  • There are secular growth drivers in the auto market, so loading up on some stocks from this sector is a no-brainer.
  • 06/15/2023

Are Investors Undervaluing Honda Motor Co. (HMC) Right Now?

  • Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
  • 06/14/2023

Honda Motor (HMC) Is Up 3.21% in One Week: What You Should Know

  • Does Honda Motor (HMC) have what it takes to be a top stock pick for momentum investors? Let's find out.
  • 06/09/2023

Best Momentum Stocks to Buy for June 8th

  • HMC, NSANY and BRDCY made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on June 8, 2023.
  • 06/08/2023

New Strong Buy Stocks for June 8th

  • KMT, HMC, BAMXF, MCD and AIG have been added to the Zacks Rank #1 (Strong Buy) List on June 8th, 2023.
  • 06/08/2023

Best Income Stocks to Buy for June 8th

  • KMT, AIG and HMC made it to the Zacks Rank #1 (Strong Buy) income stocks list on June 8, 2023.
  • 06/08/2023

What's Happening With Honda Stock?

  • Japan's second-largest automaker, Honda Motor stock (NYSE: HMC), has seen its stock outperform this year, rising by over 20%.
  • 06/05/2023

5 Reasons to Buy Tesla Now

  • A plethora of catalysts, a bargain basement valuation, financial efficiency, growth and liquidity, and strong technical action are key reasons why Tesla's stock should be higher 6-12 months from now.
  • 06/01/2023

Japan's Hitachi Astemo appoints Honda veteran as next CEO

  • Japan's Hitachi Astemo said on Thursday an auto industry veteran will take over as top executive from Brice Koch, who handled the automotive supplier's response to misconduct over testing and other procedures for components going back as far as the 1980s.
  • 06/01/2023

Is Honda Motor Co. (HMC) Stock Undervalued Right Now?

  • Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
  • 05/29/2023

Aston Martin F1 cars to be powered by Honda

  • Aston Martin has agreed a deal for Japanese car maker Honda to power its Formula 1 cars from 2026. Honda currently powers the dominant Red Bull team, but that deal ends in 2026 with the Austrian team to work after then with Ford to build its own engines.
  • 05/24/2023

Motor racing Honda to become Aston Martin F1 team's engine partner from 2026

  • Honda will become Aston Martin's engine partner when Formula One enters a new power unit era in 2026, the Japanese manufacturer announced on Wednesday, replacing Mercedes.
  • 05/23/2023

Here's Why You Should Retain Honda Motor (HMC) Stock for Now

  • Honda Motor's (HMC) attractive products and frequent collaborations are poised to bolster its revenues. High R&D expenses and commodity and labor costs are major headwinds.
  • 05/16/2023

Honda (HMC) Q4 Earnings & Sales Lag Estimates, Decline Y/Y

  • For fiscal 2024, Honda (HMC) forecasts revenues of 18.2 trillion yen, indicating an uptick of 7.6% year over year.
  • 05/15/2023

Honda sees higher profits ahead from surge in automobile production

  • Honda Motor (NYSE:HMC) Co revealed its profit forecast for the current fiscal year, surpassing analyst expectations thanks to an uptick in automobile production. The Japanese automaker expects its operating profit for the period ending in March 2024 to reach ¥1 trillion (US$7.5 billion), exceeding the average analyst projection of ¥996 billion (US$7.4 billion).
  • 05/11/2023

How to test drive a car: Your complete checklist

  • A test drive is often the final step in the decision-making process when shopping for a car. It's equivalent to trying on a pair of shoes when shoe shopping or holding a puppy before adopting a pet.
  • 05/11/2023

Japan's Honda, GS Yuasa to invest $3 bln for battery development, build plant -Nikkei

  • Japanese automaker Honda Motor Co Ltd and battery maker GS Yuasa Corp will invest over 400 billion yen ($2.99 billion) and team up to produce batteries for electric vehicles (EVs) and homes, the Nikkei newspaper reported on Thursday.
  • 04/27/2023

Honda outlines its global EV strategy, plans to make only emissions-free cars by 2040

  • TOKYO — Honda is gearing up for an electrification shift in North America with two models developed with General Motors going on sale next year and a bigger EV with a new platform in 2025, a year earlier than initially announced.
  • 04/25/2023

Honda says first e:Architecture-based EV is coming sooner than planned

  • Honda said today that plans to release its first e:Architecture-based electric vehicle in North America in 2025. That's a year earlier than the Japanese automaker originally said it would introduce vehicles based on its in-house vehicle platform, which puts greater emphasis on software and over-the-air updates a la Tesla.
  • 04/25/2023

BATT: Falling Lithium Price Makes EVs More Affordable

  • BATT: Falling Lithium Price Makes EVs More Affordable
  • 04/19/2023

Honda recalls more than half a million CR-Vs over corrosion risk

  • Honda has recalled more than half a million of its CR-V model vehicles in cold-weather states across the US which use de-icing agents to maintain their roads over the risk that corrosion to the frame's internal structure could cause the real trailing arm to fall off, increasing the risk of a crash or injury. The carmaker said the number of vehicles potentially involved was 563,711, with less than 1% of those involved expected to be defective.
  • 04/10/2023

EV Company News For The Month Of March 2023

  • Global electric car sales Feb. 2023 were up 49% YoY to 14% share. China sales up 56% YoY to 33% share. Europe up 14% YoY to 20% share. EV market news - EV demand sentiment was weighed on by some automakers in China heavily discounting ICE vehicles in advance of new emissions standards due July 1, 2023.
  • 04/08/2023

A Glimpse Into Toyota (TM) & Honda's (HMC) US Sales in Q1

  • While Toyota's (TM) Q1 US vehicle sales drop 8.8% y/y to 469,558 vehicles, Honda's (HMC) sales rises 6.8% to 284,507 vehicles.
  • 04/04/2023

U.S. auto sales rise 7.5% in first quarter, even as interest rates for car loans hit 15-year high

  • DETROIT — U.S. new-vehicle sales rose 7.5% in the first quarter as supplies improved and sky-high prices eased a bit while the global shortage of computer chips started to wane.
  • 04/03/2023

7 Reliable Dividend Stocks With Low-Payout Ratios

  • While it's always good to have decent exposure to investments yielding passive income, you also want to consider reliable dividend stocks with low-payout ratios. By that, I'm referring to enterprises that pay their dividends via a relatively small pool of their earnings.
  • 04/03/2023

Honda recalls over 330K Odysseys, Passports over to mirror issue

  • Vehicles included in the recall are 2020-2022 Odyssey, 2020-2022 Passport, 2020-2021 Pilot and 2020-2021 Ridgeline.
  • 03/28/2023

Honda Recalls Nearly Half A Million Cars—Here Are The Top Issues Automakers Have Recalled Vehicles Over In 2023 So Far

  • The Honda recall is the latest major vehicle recall to date, trailing behind other automakers like Ford and Nissan.
  • 03/17/2023

Honda (HMC) Recalls Nearly 500,000 Vehicles Over Safety Issue

  • Honda (HMC) calls back nearly half a million vehicles in the United States and Canada over a front seat belt latching issue.
  • 03/16/2023

Honda Recalls 400,000-Plus Vehicles. Why It Won't Hurt the Stock.

  • The National Highway Traffic Safety Administration called in the models due to an issue with front seat belts that may cause the buckle from latching.
  • 03/16/2023

Honda recalls 500,000 CR-Vs, Accords, Odysseys over seat belt problem

  • Honda says in documents posted by US safety regulators that the surface coating on the channel for the buckle can deteriorate over time.
  • 03/15/2023

Honda Motor recalling 500,000 cars to fix seat belt issue

  • Honda Motor (NYSE:HMC) Company Limited is reportedly recalling half a million cars in the US and Canada because their front seat belts may not latch properly, according to the Associated Press (AP). The news agency reported that the recall covers the car giant's top-selling models including the 2017 through 2020 CR-V, the 2018 and 2019 Accord, the 2018 through 2020 Odyssey and the 2019 Insight.
  • 03/15/2023

EV Company News For The Month Of February 2023

  • Global electric car sales Jan. 2023 were up 10% YoY to 11% share. China sales down 8% YoY to 26% share. Europe up 3% YoY to 17% share. EV market news - Rho Motion forecasts over 14 million global BEV and PHEV sales in 2023. No more fossil-powered taxis in Hamburg starting in 2025.
  • 03/04/2023

Honda's aging hydrogen fuel cells get new life in data center

  • Honda bailed on the Clarity — its only hydrogen-powered car in the U.S. — but the automaker hasn't quit on fuel cells.
  • 03/03/2023

Consumers are more interested in cars under $30,000 than they were, says CarGurus CEO Jason Trevisan

  • CNBC's Phil LeBeau and Jason Trevisan, CEO of CarGurus, joins 'Power Lunch' to discuss strong quarterly earnings, revenue volatility in wholesale car sales and digitizing car purchases online.
  • 03/01/2023

‘Look! Up In The Air! It's A Honda!

  • Already competing with one another in technological revolutions on the ground , automakers also have begun jockeying for early positions in another arena: the skies. Honda, Stellantis and others are developing vertical landing and takeoff vehicles (VTOLs).
  • 02/28/2023

Inside the Sony-Honda Afeela concept

  • If it wasn't clear earlier this year when Sony and Honda revealed the concept Afeela EV, it is now: This new joint-venture concept car is all about leveraging entertainment. The company, known as Sony Honda Mobility (SHM) is a joint venture between the Japanese entertainment and tech giant Sony, and the Japanese automaker, Honda.
  • 02/27/2023

Multiple F1 teams contact Honda for 2026 partnership

  • Several teams have approached Honda about a partnership when Formula One's new engine era starts in 2026 but no decision has been taken about future involvement, the Japanese manufacturer said on Monday.
  • 02/20/2023

Honda Stock Looks Like A Buy Following Strong Q3 Results

  • Honda Motor stock (NYSE: HMC) posted a stronger-than-expected set of Q3 FY'23 results last week with revenues rising by 20% year-over-year to 4,438.1 billion yen (about $34 billion) and operating profits rising by about 22% to 280.4 billion yen ($2.1 billion).
  • 02/15/2023

Honda Adopts The 'iPhone SE Strategy' To Turn Around Sales

  • Honda's unit volume sales in the U.S. fell by 33% in 2022, but saw a 14% rebound in January 2023. Honda is now guiding for 20%-25% unit growth for the U.S. market in 2023. This will be driven by all the new product introductions from the second half of 2022.
  • 02/14/2023

45 February Value Dog Buys

  • “Value ranking looks at the price of a stock relative to intrinsic firm value. Graham Value Stocks match the criteria Benjamin Graham followed." - YCharts Value Screener. 64 Value Rank and Graham Formula results reflect established value-stock detection-criteria. Of those, 45 met the dogcatcher ideal of dividends from $1K invested exceeding single-share stock prices.
  • 02/13/2023

EV Company News For The Month Of January 2023

  • Global electric car sales Dec. 2022 were an estimated 1.1 million+. China sales up 83% YoY to 30% share. Europe up 147% YoY to 38% share. US ~7% share. EV market news - UK's petrol and diesel sales eroded as EV sales surged 40% in 2022. China new-energy vehicle sales, shipments nearly doubled in 2022.
  • 02/07/2023

Honda issues ‘Do Not Drive' warning for 8,200 cars over air bag risks

  • The urgent warning covers various 2001-2003 model year Honda Accord, Civic CR-V and Odyssey, Pilot and Acura 3.2CL and 3.2 TL vehicles with so-called "Alpha" inflators.
  • 02/03/2023

Honda outlines ambitious hydrogen power plans far beyond cars

  • TOKYO — Honda is expanding the use of hydrogen to include trucks and construction equipment, electricity for buildings and even outer space, not just cars on the roads.
  • 02/01/2023

Honda to start producing new hydrogen fuel cell system co-developed with GM

  • Japan's Honda Motor Co said it will start producing a new hydrogen fuel cell system jointly developed with General Motors Co this year and gradually step up sales this decade, in a bid to expand its hydrogen business.
  • 02/01/2023

These AI, Cloud Stocks are Down Significantly, Not For Long

  • Artificial Intelligence and cloud computing companies have become increasingly important over the past decade. In 2021 alone, the global artificial intelligence market was valued at $93.5 billion (USD).
  • 02/01/2023

7 EV Stocks That Can Really Go the Distance in 2023 and Beyond

  • Although market analysts often pound the table on electric vehicles, the harsh reality is that one must exercise discretion with EV stocks. Frankly, most of the upstart brands that you see today probably won't be with us several years down the line.
  • 01/29/2023

Honda is setting up a dedicated EV division

  • Honda is establishing a division dedicated to the development of electric vehicles and other electrical products including storage and generation, the company said on Tuesday (via Reuters). The Japanese automaker somewhat lags the rest of the market when it comes to EVs to date.
  • 01/24/2023

Honda to create division to speed up electrification development

  • Honda Motor Co said on Tuesday it would create a new division in a bid to strengthen and speed up its electrification business as part of an overhaul of its organisational structure.
  • 01/24/2023

Honda, GS Yuasa agree to collaborate in lithium-ion batteries

  • Japanese automaker Honda Motor Co Ltd and battery maker GS Yuasa Corp on Monday said they will collaborate in the high-capacity, high-output lithium-ion battery business, and plan to establish a joint venture by the end of this year.
  • 01/23/2023

EVs Make a Splash at the 2023 NACTOY Awards

  • Two of the three NACTOY 2023 winners were EV models. F-150 Lightning Pro, KIA EV6 and Acura Integra take home the honors in the truck, utility vehicle and car categories, respectively.
  • 01/12/2023

2022 U.S. Auto Sales Fall to a Decade Low

  • Severe supply chain snarls and tight inventories drag down U.S. light vehicle sales in 2022 to a decade low. Will the supply crunch morph into a demand slowdown in 2023?
  • 01/09/2023

Sony and Honda unveil Afeela, Bird Buddy launches a new smart feeder, and Amazon secures an $8B loan

  • Hey, folks, it's Kyle, filling in for Greg, who's out for the next few weeks on parental leave. While he enjoys time with his beautiful, healthy newborn (what better gift for the holidays, eh?
  • 01/07/2023

Sony Honda Mobility weighs future IPO for electric vehicle joint venture

  • The chairman of Sony Honda Mobility said on Thursday the electric vehicle joint venture is considering a stock offering as one option to raise cash in the future, though those discussions are preliminary.
  • 01/05/2023

Here's What Chipmakers Have In Mind For The Tech World In 2023

  • Chipmakers are making their presence felt at the CES 2023 tech show, showing off high-end PCs, smart cars and virtual reality. The post Here's What Chipmakers Have In Mind For The Tech World In 2023 appeared first on Investor's Business Daily.
  • 01/05/2023

Sony's new "Afeela" electric vehicle with Honda to use Qualcomm tech, companies say

  • Sony and Honda's electric vehicle joint venture will work closely with U.S. firm Qualcomm Inc on the new "Afeela" cars, the chief executive of Sony Honda Mobility, Yasuhide Mizuno, told the CES 2023 technology trade show in Las Vegas on Wednesday.
  • 01/04/2023

Sony Honda Mobility Afeela car will debut in 2026 with Qualcomm tech

  • Sony announced that its Sony Honda Mobility car will debut in 2026 using Qualcomm technology.
  • 01/04/2023

EV Company News For The Month Of December 2022

  • Global electric car sales Nov. 2022 were an estimated 1million+. China sales up 50% YoY to 35% share. Europe up 26% YoY to ~28% share. US ~6% share. EV market news - By 2029, electric vehicles could account for a third of the North American market and about 26% of vehicles produced worldwide.
  • 01/04/2023

Honda Vs. Tesla: Buy Deep Value Or Buy The Future?

  • I'll present a case study on how Toyota grew profits 22% per annum from 1995 to 2005, but saw its stock grow at just 7% per annum. While EVs have been the cool place to be, Honda's dominance in the motorcycle market goes unnoticed.
  • 01/02/2023

Looking Back at the Top Auto Stories of 2022

  • As we flip the calendar, here's a recap of the key stories and trends that made the biggest ripples in the auto industry this year.
  • 12/30/2022

Honda to recall 200,000 hybrid vehicles made in China -regulator

  • Honda will recall just over 200,000 hybrid vehicles due to issues with brake pedal sensors in some models, China's State Administration for Market Regulation said in a statement on Thursday.
  • 12/29/2022

Honda says VR is changing how it designs cars. You might not notice.

  • Honda is pulling away from a design practice that's (literally) shaped auto making since the '30s. The $43 billion company still depends on life-size clay models to evaluate its designs, a tried and true method pioneered by GM designer Harley Earl.
  • 12/13/2022

Honda driver killed by faulty air bag — 33 deaths now tied to recall

  • Regulators said the person was killed in a crash involving a 2002 Honda Accord when the driver's air bag inflator ruptured and hurled shrapnel.
  • 12/09/2022

China's CATL to provide EV batteries for Honda starting in 2024

  • Honda Motor Co said on Thursday that Chinese battery giant CATL would supply batteries for seven years for its electric vehicles (EV) in China.
  • 12/08/2022

Honda to begin selling mini-commercial EV trucks in spring 2024

  • Honda Motor Co said on Wednesday it would begin selling micro-sized commercial electric trucks in spring 2024, as part of its effort to electrify its vehicle lineups.
  • 12/07/2022

Honda's FX Effects Will Reverse

  • Honda has actually been a beneficiary of the depreciation of the Yen because of how much it sells internationally. The Yen is coming back in force now, so those positives are going to dissipate.
  • 12/05/2022

Honda Unveils Second Gen AI Driving Technology, Will Build Fuel Cell Hybrid CRV in US Starting in 2030

  • Honda Motor (US:HMC) (TYO:7627) said Wednesday it is expanding the capabilities of two autonomous driving programs and would roll out the features by 2030.
  • 12/01/2022

Honda to launch fuel cell vehicle in 2024

  • Honda will launch a fuel cell electric vehicle in 2024 based on its bestselling CR-V crossover. The automaker said it will produce the CR-V variant at its Performance Manufacturing Center (PMC) in Marysville, Ohio, as part of its strategy to go fully electric by 2040 and carbon neutral by 2050.
  • 11/30/2022

Is Honda Stock A Buy As Motorcycle Business Shines?

  • Honda Motor stock (NYSE: HMC) has gained 7.5% over the last month, marginally outperforming the broader S&P 500 which was up by about 5% over the same period.
  • 11/23/2022

Honda outlines new strategy for electric vehicle push

  • Honda is outlining its plans to develop and sell electric vehicles. CNBC's Phil LeBeau reports.
  • 11/19/2022

Honda Motor Co., Ltd. (HMC) Q2 2023 Earnings Call Transcript

  • Honda Motor Co., Ltd. (NYSE:HMC ) Q2 2023 Earnings Conference Call November 9, 2022 2:00 AM ET Company Participants Kohei Takeuchi - Director, EVP and Representative Executive Officer, CFO Eiji Fujimura - Operating Executive and Head of Accounting, Finance, Supervisory Unit Conference Call Participants Operator Thank you very much for attending.
  • 11/12/2022

Honda (HMC) Q2 Earnings Miss, FY23 Sales & Profit View Up

  • For fiscal 2023, Honda (HMC) forecasts sales and operating profit of 17.4 trillion yen and at 870 billion yen, up from the prior guidance of 16.75 trillion yen and 830 billion yen, respectively.
  • 11/10/2022

Honda Motor earnings fall short, but lifts annual forecasts thanks to weak yen

  • By Kosaku Narioka
  • 11/09/2022

Sony and Honda plan to start U.S. deliveries of their electric vehicle in 2026

  • This week's news builds on previous communications about the joint venture.
  • 10/13/2022

Sony and Honda envision an EV that entertains while it takes the wheel

  • Sony and Honda have officially launched their joint mobility venture that aims to start delivering premium electric vehicles with automated driving capabilities in the United States in the spring of 2026, followed by Japan in the second half of 2026.
  • 10/13/2022

Honda and Sony team up for EV

  • Yahoo Finance's Pras Subramanian joins the Live show to discuss Honda and Sony teaming up for the development of a new EV.
  • 10/13/2022

Sony, Honda aim to deliver premium EV with subscription fees in 2026

  • A joint venture set up by Japan's Sony Group Corp and Honda Motor is aiming to deliver its first electric vehicles by 2026 and will sell them online, starting in the United States and Japan.
  • 10/12/2022

Honda (HMC) Selects Ohio for Its $4.4B JV Battery Plant

  • Honda (HMC) chooses Fayette County, OH, to build its multibillion-dollar plant in a JV with LG Energy to make batteries for EVs.
  • 10/12/2022

Honda and LG Energy Solution to build US joint venture battery plant in Ohio

  • Honda Motor (NYSE:HMC) Co Ltd of Japan and South Korea's LG Energy Solution have announced Ohio as the site of their planned $4.4 billion joint venture battery plant in the US. The two companies unveiled plans for the joint venture (JV) US battery plant in August but had not by then settled on a location.
  • 10/12/2022

Auto Biggies End Q3 on a Mixed Note, Q4 Prospects Gloomy

  • While GM and F report a year-over-year increase in Q3 U.S. vehicle sales, TM, HMC and STLA witness declines. The outlook for the rest of 2022 is getting increasingly cloudy amid growing economic concerns.
  • 10/11/2022

Honda and LG are spending $3.5 billion to build a battery factory in Ohio

  • Honda and South Korean battery maker LG Energy Solutions are investing $3.5 billion to build a joint venture battery factory in southern Ohio, the car company said Tuesday.
  • 10/11/2022

Honda, LG to locate $4.4 billion battery plant in Ohio

  • Honda Motor and LG Energy Solution said on Tuesday they will build a new joint venture $4.4 billion battery plant in Ohio.
  • 10/11/2022

Honda to create $700M EV hub in Ohio

  • Honda said on Tuesday it is spending $700 million to retool three of its Ohio plants to build electric vehicles as it aims to phase out gas engines by 2040. Batteries for the electric vehicles from Honda and its Acura division will be supplied by a joint venture with LG Energy Solutions.
  • 10/11/2022

Honda's new $4.4 billion EV battery plant will be built in Ohio

  • Construction of the new facility is expected to begin in early 2023, followed by mass production of pouch-type lithium-ion batteries by the end of 2025.
  • 10/11/2022

Honda doesn't want to wait until 2024 for its SUV customers to go electric

  • Honda unveiled Thursday the 2024 Honda Prologue, its first-ever battery-electric SUV that represents a crucial milepost along the automaker's journey to deliver 30 new EVs by the end of the decade.
  • 10/06/2022

Why Volta Stock Was Falling Earlier Today

  • Higher interest rates are not good news for electric vehicle stocks.
  • 09/29/2022

Honda: It's Time For A Change

  • I've written about Honda before, staying at a neutral rating for all of 2022. However, the time has come to revisit the thesis in light of the recent drop. While Honda has risks, the company comes with a number of fundamental upsides that are not to be underestimated.
  • 09/27/2022

Honda to cut car output by up to 40% in Japan on supply problems

  • Honda Motor Co said on Thursday it would reduce car output by up to 40% at two Japanese plants in early October because of ongoing supply chain and logistical problems.
  • 09/22/2022

Honda overpays bonuses, asks for cash back from employees: report

  • Honda Motors Co. has reportedly asked its employees to give money back from bonuses the company says were overpaid. Marysville factory employees have until Sept.
  • 09/17/2022

Blue Chip Stocks to Avoid Right Now

  • It was an ugly first half of the week – no thanks to the shocking consumer inflation report – and the market is still struggling to find momentum in the second half of the week. As you may recall, markets fell sharply on Tuesday in reaction to the inflation surprise, with the S&P 500 falling 4.32% and the Dow and NASDAQ falling 3.94% and 5.16%, respectively.
  • 09/15/2022

Honda says it has no plan to separate and list motorcycle business

  • Japan's Honda Motor Co Ltd has no plan to hive off its electric motorcycle business and list it on a stock exchange, the Japanese automaker said on Wednesday, following a media report that the idea was under consideration.
  • 09/13/2022

Honda's EV motorcycle offensive includes one just for kids

  • Honda plans to launch at least 10 all-electric motorcycles by 2025, including one for children, as demand for business-use bikes rises worldwide. The world's largest motorcycle manufacturer said Tuesday that it's targeting annual sales of 1 million electric motorcycles within the next five years.
  • 09/13/2022

Honda's Latest Production Cuts Could Be a Warning to Automakers

  • The auto industry is still facing significant headwinds.
  • 09/13/2022

Honda to ramp up sales of electric motorcycles to meet carbon target

  • Honda Motor Co plans to launch more than 10 electric motorcycle models globally in the next three years, it said on Tuesday, part of the Japanese manufacturer's aim to achieve carbon neutrality for motorcycles by the 2040s.
  • 09/12/2022

Honda to slash output by up to 40% at Japan plants due to supply snag

  • TOKYO (Reuters) -Honda Motor Co said on Thursday it would reduce car output by up to 40% at two Japanese plants for the rest of the month due to ongoing supply chain and logistical problems.
  • 09/08/2022

Toyota, Honda and Nissan decarbonisation efforts lagging, Greenpeace study says

  • Japanese automakers Toyota Motor Corp, Honda Motor Co and Nissan Motor CO ranked at the bottom of a new Greenpeace study on 10 automakers' efforts to tackle climate change, the environmental group said on Thursday.
  • 09/08/2022

Honda to set up China venture with Dongfeng, Guangzhou Auto to procure EV batteries

  • Honda Motor Co said on Wednesday its Chinese unit will establish a joint venture with Dongfeng Motor Group and Guangzhou Automobile Group Co to procure batteries for fully electric vehicles.
  • 09/06/2022

Honda forms partnership for stable supply of battery metals

  • Japan's Honda Motor Co has formed a partnership with trading company Hanwa Co to secure a stable supply of metals used in batteries for electrified vehicles, it said on Tuesday.
  • 09/05/2022

Auto Biggies Bet Big to Augment North America's EV Supply Chain

  • GM, F, HMC, TM and STLA, among others, are fast gearing up for North American battery production to capture the growing EV market and reduce their dependence on China.
  • 08/30/2022

Honda, LG Form Joint Venture for a $4.4 Billion Battery Plant

  • Honda Motor Company announced it is partnering with South Korea-based LG Energy Solution to construct a new battery plant in the U.S., establishing a joint venture with the battery manufacturer.
  • 08/30/2022

Honda, LG Energy announce $4.4 billion plan to build EV battery factory in U.S.

  • Honda Motor Co. and LG Energy Solution announced plans Monday for a $4.4 billion investment to build a lithium-ion battery plant for electric vehicles in the U.S.
  • 08/29/2022

Honda, LG team up to build $4.4 billion EV battery plant in the U.S.

  • Yahoo Finance reporter Pras Subramanian discusses Honda and LG teaming up for a new EV battery plant and how more and more companies are investing billions in these plants across the U.S.
  • 08/29/2022

Honda Is The Latest Car Maker To Plan A Big U.S. Battery Plant—Just In Time For New EV Tax Credit

  • The carmaker and LG plan to build a $4.4 billion U.S. factory to supply lithium-ion batteries starting in 2025.
  • 08/29/2022

Honda, LG Energy to build $4.4 billion battery plant in U.S., Rivian to start RS1 deliveries

  • Yahoo Finance's Pras Subramanian discusses the latest EV news from Honda, LG Energy, and Rivian.
  • 08/29/2022

Honda, LG announce $4.4 billion US battery factory for EVs

  • Honda has struck a deal with Korean battery giant LG Energy Solution to build a $4.4 billion US factory to supply its electric vehicles.
  • 08/29/2022

Honda Motor and LG Energy Solution say they will set up a new lithium-ion battery plant for electric vehicles in the US

  • Honda Motor Co of Japan and Korean battery supplier LG Energy Solution Ltd have said they will set up a new lithium-ion battery plant for electric vehicles in the United States. The investment will be $4.4 billion, the two companies said in a statement, and they are aiming for annual production capacity of approximately 40 gigawatts hour (GWh) with the batteries supplied exclusively to Honda facilities in North America to power Honda and Acura EV models.
  • 08/29/2022

Honda and LG Energy Solution to build $4.4 billion EV battery plant in U.S.

  • The plant will be built and operated by a joint venture between the companies, which is expected to be established this year.
  • 08/29/2022

Honda and LG Energy plan to build a $4.4 billion lithium-ion plant in the US

  • Honda is the latest car company with plans to manufacture lithium-ion batteries in the U.S. The automaker said Monday it is forming a joint venture with LG Energy Solutions to supply the North American market with “pouch type” batteries to power electric vehicles from its Honda and Acura brands. A location for the $4.
  • 08/29/2022

Honda Motor, LG Energy to build EV battery plant in Ohio - Nikkei

  • Japanese automaker Honda Motor Co plans to set up a new lithium-ion battery plant for electric vehicles in the United States with Korean battery supplier LG Energy Solution Ltd, the Nikkei business daily reported on Monday.
  • 08/29/2022

Honda (HMC) Might Decouple China Supply Chain Over Output Snarl

  • Due to supply snags in China, Honda (HMC) considers forming a separate supply chain outside the country to ensure stable production. It will maintain its domestic supply chain within the country.
  • 08/25/2022

Honda to cut output by up to 40% at Japan plants on supply disruptions

  • Honda Motor Co said on Thursday it would slash production plans by up to 40% in Japan early next month due to persistent supply chain and logistical issues.
  • 08/25/2022

Honda considering decoupling supply chain from China, Sankei says

  • Japan's Honda Motor Co Ltd is considering building a separate supply chain that would lower its dependence on China, the Sankei newspaper reported on Wednesday.
  • 08/24/2022

Is Honda Stock A Buy At $27?

  • Honda Motor stock (NYSE: HMC) has declined by around 5% year-to-date, outperforming the broader U.S. indices and most other automotive stocks.
  • 08/23/2022

Here are the EV winners and losers from the Inflation Reduction Act

  • CNBC's Phil Lebeau reports on electric vehicle-related companies set to feel the impact of the Inflation Reduction Act.
  • 08/15/2022

Honda posts 9% fall in Q1 profit, beats estimate

  • Japan's Honda Motor Co on Wednesday posted a better-than-expected 9% drop in first-quarter operating profit, squeezed by COVID-19 restrictions in China that curtailed production and higher material costs.
  • 08/10/2022

New Strong Sell Stocks for August 3rd

  • INTC, WMT, and HMC have been added to the Zacks Rank #5 (Strong Sell) List on August 3, 2022.
  • 08/03/2022

Honda to cut output by up to 30% at Japan plants on supply snag

  • Honda Motor Co said it would slash production by up to 30% in Japan next month against original plans due to persistent supply chain and logistical issues.
  • 07/22/2022

Honda Motor: A Late But Strong Comer To The EV Party

  • Honda has been a long-standing player in the ICE market but is poised to penetrate the EV market. The company is planning to execute a demonstration line of all-solid-state batteries by 2024 and launch 30 models by 2030 by investing over $36 billion in R&D.
  • 07/20/2022

New Strong Sell Stocks for July 13th

  • EQX, BHP, and HMC have been added to the Zacks Rank #5 (Strong Sell) List on July 13, 2022.
  • 07/13/2022

Honda key fob flaw lets hackers remotely unlock and start cars

  • Security researchers have revealed a vulnerability in Honda's keyless entry system that could allow hackers to remotely unlock and start potentially “all Honda vehicles currently existing on the market.”
  • 07/12/2022

US Auto Sales Continue Downhill Ride: Will 2H22 Be Any Better?

  • After a difficult Q1, auto sales slump again during April-June 2022 as parts shortage hobbles output. Cox Automotive lowers full-year US new-vehicle sales forecast amid inventory challenges.
  • 07/07/2022

4 Capital-Intensive Stocks to Consider

  • When looking for value opportunities among capital-intensive businesses, investors could be interested in stocks with price-to-tangible-book-value ratios that are more appealing than their respective industry medians.
  • 07/05/2022

Tesla, Honda top 2022 list of most American-made cars

  • Yahoo Finance's Pras Subramanian looks at Honda and Tesla achieving top spots in the 2022 "Most American-Made Cars" list, in addition to Tesla's production numbers amid recession worries.
  • 06/22/2022

Auto industry CEOs urge Congress to quickly pass chips funding

  • Major automakers and industry suppliers on Wednesday urged Congress to move quickly to pass $52 billion in subsidies for U.S. semiconductor production, according to a letter seen by Reuters.
  • 06/22/2022

Honda China JV begins construction of EV factory

  • Japanese automaker Honda Motor Co Ltd said on Tuesday its joint venture in China has begun construction of an electric vehicle factory in Guangdong province with an initial investment of 3.49 billion yuan ($522 million).
  • 06/21/2022

Honda's Stock Continues To Fly Under The Radar

  • Honda (NYSE: HMC) recently teamed up with Sony and is expected to roll out a series of electric vehicles in the coming year. Although the company is late to the party, Honda's technological prowess and experience mean that the car-maker
  • 06/17/2022

Honda and Sony kick start electric car joint venture

  • Honda Motor (NYSE:HMC) and Sony Group Corp (NYSE:SONY) officially launched a joint venture yesterday to build and sell electric vehicles (EVs),  as the Japanese car maker plays catch up in the race for eco-friendlly mass produced cars. The newly-established company, Sony Honda Mobility Inc, will "engage in the sale of high-value-added electric vehicles (EVs) and provide services for mobility," according to a joint statement.
  • 06/17/2022

Sony, Honda sign JV to sell electric cars by 2025

  • Japan's Sony and Honda Motor on Thursday officially agreed to an equally owned joint venture that will start selling electric cars in 2025.
  • 06/16/2022

Honda (HMC) Surpasses Q4 Earnings and Revenue Estimates

  • For fiscal 2023, Honda (HMC) forecasts sales of 16.3 trillion yen, implying an 11.7% uptick year over year.
  • 05/17/2022

Honda Motor Clocks 10% Top-Line Growth In FY22

  • Honda Motor Co Ltd (NYSE: HMC) reported the fiscal year 2022 sales growth of 10.5% to ¥14.55 trillion. The operating profit for the year rose 32% to ¥871.2 billion.
  • 05/13/2022

Honda warns of rising costs, forecasts weaker annual profit

  • TOKYO (Reuters) -Japan's Honda Motor on Friday forecast a 7% fall in annual earnings, instead of an expected rise, and warned that the long chip crunch and rising raw material costs were hurting profit, echoing comments from rivals Toyota and Nissan.
  • 05/13/2022

5 Top Automotive Stocks For Your Late April 2022 Watchlist

  • Could these automotive stocks be revving higher anytime soon?
  • 04/23/2022

It Won't Be 'The Jetsons,' But Flying Cars Are Coming

  • If anything, it could be fun for investors.
  • 04/22/2022

Honda developing three new electric vehicle platforms by 2030 -executive

  • Honda Motor Co plans to build millions of electric vehicles (EV) by 2030 using three new dedicated platforms, with one to be jointly developed with U.S. partner General Motors Co, a top executive at the Japanese automaker said.
  • 04/21/2022

Honda to slash production by 50% at domestic plant in early May

  • Honda Motor Co is planning to cut production by about 50% on two lines of one of its domestic factories in early May due to chip shortages and COVID-19 lockdowns, the company said on Thursday.
  • 04/21/2022

Honda Unlocks Strong Electrification Catalyst

  • Honda is experiencing temporary headwinds that are weighing on its top line growth, but is still expected to deliver a higher figure than in fiscal 2021. It is enjoying an improving update from its management towards its electrification in its US operation.
  • 04/20/2022

3 Electric Vehicle Stocks to Buy Now That Affordable EVs Are on the Horizon

  • These 3 electric vehicle stocks are a Buy as a plethora of more affordable EV models is expected over the next years. The post 3 Electric Vehicle Stocks to Buy Now That Affordable EVs Are on the Horizon appeared first on InvestorPlace.
  • 04/19/2022

Australian competition watchdog sues Honda unit for false dealership closure claims

  • Australia's competition watchdog on Wednesday took Honda Motor Co's local unit to court alleging the Japanese carmaker falsely claimed to its customers that two of its dealerships had stopped servicing Honda vehicles.
  • 04/13/2022

Japanese car giant Honda targets EV expansion, earmarks billions for R&D

  • Honda is one of several companies attempting to expand its portfolio of electric vehicles.
  • 04/12/2022

Honda revs up EV plans, Meta pilots selling goods, Warren Buffett took 2 weeks to buy Alleghany

  • Yahoo Finance's Emily McCormick reports the latest business headlines including Japanese automaker Honda planning to release 30 EV models globally by 2030, Facebook parent company Meta announces that it will allow creators to sell virtual goods in the metaverse, and Berkshire Hathaway's $11.6 billion Alleghany deal.
  • 04/12/2022

Honda (HMC) Pledges $63B Investment for Bold EV Efforts

  • Honda (HMC) lays out detailed EV initiatives with an investment of $63 billion over the next 10 years. It aims to launch 30 EVs globally to contribute to carbon neutrality.
  • 04/12/2022

Honda To Invest $40 Billion In Next Decade To Ramp Up EV Production

  • Honda Motor is investing 5 trillion yen to develop its electric vehicle technology over the next decade as the Japanese automaker accelerate its push toward net zero carbon emissions.
  • 04/12/2022

Honda to launch 30 EV models by 2030

  • Honda Motor Co. will launch 30 EV models by 2030 with a production volume of more than 2 million vehicles a year, the company said during a live briefing on Monday evening. The Japanese automaker said it will spend $40 billion (5 trillion yen) on electrification over the next ten years, which includes building its […]
  • 04/11/2022

Dow Jones Newswires: Honda plans to produce 2 million EVs annually by 2030

  • Honda Motor Co. said Tuesday that it plans to produce 2 million electric vehicles annually by 2030 as part of its bid to cut carbon emissions.
  • 04/11/2022

Honda says to spend $64 billion on R&D as it revs up electric ambitions

  • Japan's Honda Motor Co Ltd plans to spend 8 trillion yen ($64 billion) on research and development over the next 10 years, as it looks to roll out more than 30 electric vehicle models globally by 2030.
  • 04/11/2022

GM and Honda Deepen EV Partnership to Cut Costs

  • Two of the biggest automakers on the planet are teaming up to gain even more scale to help them conquer the EV market.
  • 04/10/2022

Should Value Investors Pick Honda Motor (HMC) Stock Now?

  • Let's see if Honda Motor (HMC) stock is a good choice for value-oriented investors right now from multiple angles.
  • 04/07/2022

GM, Honda are teaming up to build a $30,000 electric car

  • Building a cheap car that is also profitable for the manufacturer is shockingly difficult. Because of the high cost of battery components, it becomes even more difficult if that car is electric. But Honda and General Motors, two of the biggest car companies in the world, believe they can crack the code to producing a low-cost EV. And they want to do it together.
  • 04/06/2022

General Motors (GM) & Honda (HMC) to Tie Up for EV Development

  • General Motors (GM) and Honda (HMC) plan to join forces to bring about advancements in EV production based on modern Ultium battery technology, economize electrification cost and drive sustainability.
  • 04/06/2022

General Motors and Honda have partnered to manufacture affordable SUVs

  • General Motors Corp (NYSE: GM) has expanded its electric car partnership with Honda Motor Co., in which they plan to co-develop various EVs based on a joint platform that will allow the manufacture of millions of vehicles from 2027. The announcement builds on GM's intentions to start producing two electric SUVs for Honda in 2024, […] The post General Motors and Honda have partnered to manufacture affordable SUVs appeared first on Invezz.
  • 04/06/2022

Here's how GM and Honda plan on beating Tesla in the EV market

  • General Motors expanded its partnership with Honda to build affordable electric vehicles.
  • 04/05/2022

GM & Honda expand their EV partnership

  • CNBC's Phil LeBeau joins 'The Exchange' to report that General Motors and Honda are going to team up to build more affordable electric vehicles.
  • 04/05/2022

GM and Honda Partner to Bring Down EV Costs

  • General Motors and Honda Motor have announced a partnership to develop and manufacture more affordable electric vehicles that will cost below $30,000, reports CNBC. The partnership will rely on GM's Ultium battery technology, a next-generation battery that is made for level two and DC fast charging and will revolutionize EVs with its drastically reduced manufacturing costs.
  • 04/05/2022

Boeing Air Force One planes face production issues, GM and Honda plan EV expansion

  • Yahoo Finance's Ines Ferré breaks down trending tickers in the stock market today.
  • 04/05/2022

GM Stock Dips Despite Plans for $30,000 EV with Honda

  • GM and Honda are in the spotlight after the two automakers announced plans to collaborate on a new EV platform. Here's what you should know.
  • 04/05/2022

Cheaper EVs Ahead? Breaking Down the General Motors, Honda Partnership

  • Electric vehicles are great, but without mass adoption, what's the point? General Motors and Honda are working to solve that problem together.
  • 04/05/2022

GM and Honda are setting their sights on making cheaper EVs

  • General Motors Co. and Honda Motor Co. are setting their sights on “affordable” electric vehicles, saying Tuesday they are expanding their collaboration.
  • 04/05/2022

GM and Honda to Codevelop Affordable Electric Vehicles

  • The two global automakers are expanding their partnership and aim to have new EVs built on a shared platform available in North America starting in 2027.
  • 04/05/2022

GM and Honda Are Taking on Tesla With a Small EV

  • GM and Honda are teaming up to build a compact crossover EV for sale by 2027 in the U.S.
  • 04/05/2022

General Motors, Honda partner to make millions of affordable EVs

  • Rick Schostek, EVP of American Honda said it best in a released statement: “Announcing a new battery electric vehicle isn't exactly headline making news these days.” He's right.
  • 04/05/2022

GM, Honda join forces to develop low-price electric vehicles

  • CNBC's Phil LeBeau joins 'Squawk Box' to break down the latest partnership between General Motors and Honda to develop low-priced electric vehicles.
  • 04/05/2022

GM And Honda Expand Partnership To Create Sub-$30K EVs From 2027

  • General Motors and Honda are expanding their collaboration on electric vehicles with a goal of launching new affordable EVs by 2027.
  • 04/05/2022

Dow Jones Newswires: General Motors, Honda to co-develop affordable electric cars

  • General Motors Co. and Honda Motor Co. Ltd. said they are expanding their partnership to co-develop a series of affordable electric cars based using Ultium battery technology.
  • 04/05/2022

GM, Honda expand partnership around electric vehicles

  • General Motors Co and Honda Motor Co Ltd on Tuesday said they will co-develop a series of electric vehicles based on a new global arhcitecture, allowing the production of millions of vehicles starting in 2027.
  • 04/05/2022

GM and Honda to partner on 'affordable' electric vehicles

  • General Motors and Honda Motor will develop a series of affordable electric vehicles based on a new global architecture.
  • 04/05/2022

Do Dismal Q1 Sales Hint at Rough 2022 for U.S. Auto Market?

  • Most of the major auto biggies post a double-digit decline in U.S. sales volumes for Q1. New COVID-19 variants and the Ukraine-Russia war are set to make the supply chain more vulnerable and continue to hurt sales in the near term.
  • 04/04/2022

Markets Rise, but for Automakers, Challenges Linger

  • Wall Street had a good first day of the quarter, but supply chain problems persist.
  • 04/01/2022

5 Companies That Are Proving That Metaverse Real Estate Is Red-Hot

  • More big brands are finding their way to the metaverse. Is it time you do the same?
  • 04/01/2022

Is Honda Motor (HMC) Outperforming Other Auto-Tires-Trucks Stocks This Year?

  • Here is how Honda Motor (HMC) and Tesla (TSLA) have performed compared to their sector so far this year.
  • 03/30/2022

Are Investors Undervaluing Honda Motor Co. (HMC) Right Now?

  • Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
  • 03/29/2022

Honda to invest over $1 billion to upgrade Ontario factories

  • Honda Motor Co's Canadian manufacturing arm will invest C$1.38 billion ($1.09 billion) over six years to upgrade its plants in Ontario as the automaker gears up to make its new hybrid SUV for the North American market.
  • 03/16/2022

PlayStation Maker Sony Teams Up With Honda To Enter Fast-Growing Electric Vehicle Market

  • Japanese giants Sony and Honda will join forces to develop electric vehicles, emerging as the latest software-hardware duo to join the fast-growing field of high-tech cars.
  • 03/10/2022

Honda to cut production by 10% in two factories

  • Japan's Honda Motor will reduce factory production by about 10% in two domestic plants through the end of March, it said on Thursday, citing the global microchip shortage and geopolitical uncertainty.
  • 03/10/2022

Sony, Honda Join Trend That Merges Automobiles and Connected Services

  • A familiar name from home electronics will soon be deeply involved in making electric cars too — along with the in-car digital innovations that are increasingly a part of all vehicles on the road.  When Sony and Honda announced March 4 that they had signed a memorandum of understanding to establish a joint venture to […]
  • 03/09/2022

Sony, Honda Mulling Joint Venture

  • Sony Group Corp. ( SONY , Financial) and Honda Motor Co. Ltd. ( HMC , Financial) on Friday said they have agreed to deepen discussion and exploration of forming a strategic alliance that aims to create a new era of mobility and mobility services.
  • 03/06/2022

This Growth Stock Is a Machine Learning Powerhouse

  • Splunk is making all the right moves, making the stock a buy now and for the long run.
  • 03/06/2022

Honda and Sony come together to both develop and sell electric vehicles

  • Honda Motors Co. (OTCMKTS: HNDAF) and Sony Group Co. (OTCMKTS: SNEJF) announced they're teaming up to develop electric vehicles. This collaboration will bring together two huge Japanese business outfits that have failed to take advantage of some of the major tech trends of the century.
  • 03/04/2022

Apple, Microsoft and Other Tech Companies Stop Sales in Russia

  • Sanctions against Russia have continued in the form of technology companies worldwide ceasing sales of products and services. Here's the list of companies involved.
  • 03/04/2022

Sony and Honda EV News: 7 Things to Know About the New Duo Making Electric Vehicles

  • Today, investors are still digesting some rather shocking news that a Sony and Honda EV may be coming to market as these stocks dip. The post Sony and Honda EV News: 7 Things to Know About the New Duo Making Electric Vehicles appeared first on InvestorPlace.
  • 03/04/2022

Sony (SONY) Partnering With Honda (HNDAF) On Battery Electric Vehicles

  • Sony (NYSE: SONY) and Honda (OTC: HNDAF) are establishing a joint venture through which they plan to engage in the joint development and sales of high value-added battery electric vehicles (EVs). These are the details.
  • 03/04/2022

Honda and Sony forming joint venture to build electric cars

  • Honda and Sony are forming a joint venture to build electric cars together. The first vehicle is scheduled to be launched in 2025.
  • 03/04/2022

Sony and Honda Partner on EVs. Big Tech Needs Big Auto.

  • Sony and Honda form a joint venture to develop smart electric vehicles. Investors yawn.
  • 03/04/2022

Sony and Honda team up to develop electric cars with goal of sales beginning in 2025

  • Sony and Honda are aiming to establish a new company this year and begin sales of their first vehicle in 2025.
  • 03/04/2022

Honda suspends automobile, motorcycle exports to Russia

  • TOKYO (Reuters) -Honda said on Wednesday it has suspended its automobile and motorcycle exports to Russia, as countries impose stricter sanctions on Russia in protest against its invasion of Ukraine.
  • 03/02/2022

7 Electric Vehicle Stocks That You Can Trust for the Long-Haul

  • While substantially hyped in recent years, electric vehicle stocks have disappointed. Here are the ones you might be able to trust.
  • 02/25/2022

U.S. transport safety regulator probes 1.7 million Honda vehicles over unexpected braking complaints

  • The U.S. transport safety regulator said on Thursday that it has launched an investigation into 1,732,000 Honda Motor vehicles over unexpected braking activation.
  • 02/24/2022

Honda says domestic output capacity reduced until March

  • Honda Motor said on Thursday that two of its domestic manufacturing sites will operate at 90% of capacity until early March due to a shortage of semiconductors.
  • 02/17/2022

This Below Book Value Car Stock Is Driving Higher

  • Honda Motor Company ( HMC , Financial) hit a 50-day high price Tuesday, and yet, it's still trading at less than its book value. The Japanese auto manufacturer seems to qualify as a Benjamin Graham-style value stock with its price-earnings ratio of just 7.80 and a whopping 37% discount from book value.
  • 02/16/2022

Toyota, Honda to make up lost production as crucial U.S.-Canada trade link reopens

  • The Ambassador Bridge between the U.S. and Canada has reopened after protesters blocked it for nearly a week. CNBC's Phil LeBeau joins 'Squawk Box' to report how U.S. automakers are responding.
  • 02/14/2022

Canadian bridge blockade continues, auto plants face shutdowns amid disruptions

  • CNBC's Kristina Partsinevelos joins 'Squawk Box' from the nation's border with Canada to provide an update on protesters blocking a crucial trade link between the two countries.
  • 02/11/2022

Frost & Sullivan discusses the production issues that Toyota and Honda are facing

  • Vivek Vaidya of the consultancy explains why automakers are waiting for the chip shortage to "go away."
  • 02/09/2022

Honda Motor Co., Ltd. (HMC) Q3 FY2022 Results - Earnings Call Transcript

  • Honda Motor Co., Ltd. (HMC) Q3 FY2022 Results - Earnings Call Transcript
  • 02/09/2022

Computer Chip Shortages Are Still A Problem For Toyota And Honda

  • Investors may be gaining confidence as the VIX pulls back toward 20, but tomorrow's CPI report could shake that confidence.
  • 02/09/2022

Honda posts 17% fall in Q3 operating profit

  • Honda Motor Co said on Wednesday third-quarter operating profit fell 17% to 229 billion yen ($1.98 billion) as a persistent global chip shortage curbed car production.
  • 02/09/2022

Guanajuato Silver: High Quality Junior Miner With Upside Optionality Amidst Record Inflation

  • Guanajuato Silver: High Quality Junior Miner With Upside Optionality Amidst Record Inflation
  • 01/31/2022

EV Battery Research Startup SES Enters JV With Honda Ahead Of Going Public In SPAC Merger: What You Need To Know

  • Japan's Honda Motor Co (NYSE: HMC) said on Tuesday it has signed a joint venture agreement with the U.S. based battery research startup SES Holdings to launch higher density and low-cost lithium-metal batteries for electric vehicles. What Happened: Honda said the joint venture will focus on making safe, durable and higher capacity batteries with lithium-metal anode that are expected to deliver higher energy density than the lithium-ion batteries, which usually use carbon-based materials for the anode.
  • 01/19/2022

Honda signs joint development pact with Boston-based EV battery R&D firm SES

  • Japanese automaker Honda Motor Co (7267.T) said on Wednesday it had signed a joint development agreement for lithium-metal batteries with Boston-based EV battery company SES Holdings Pte Ltd.
  • 01/18/2022

Honda (HMC) in Talks With LG Energy for Battery Plant in US

  • Talks are underway for a probable JV between Honda (HMC) and LG Energy to set up an EV battery plant in the United States
  • 01/14/2022

S.Korea's LG Energy Solution plans battery JV with Honda in U.S. -media report

  • South Korean battery maker LG Energy Solution (LGES) plans to build a battery joint venture with Honda Motor Co in the United States, South Korea's Maeil Business Newspaper said on Friday, citing an unnamed industry source.
  • 01/13/2022

Korean automakers outsold Honda in the US for the first time

  • In 2021, Honda was outsold in the United States by the combined forces of two South Korean brands, Hyundai and Kia. Taken together, the two Seoul-based brands ranked fifth in US sales, delivering 1,439,497 cars, trucks and minivans. Japan-based Honda sold 1,309,222.
  • 01/11/2022

Senior gains on contract wins from Boeing and Honda

  • Senior PLC (LSE:SNR) has been lifted by news of orders from Boeing and Honda. The manufacturing group has won multi-year contracts from Boeing to supply both floor beam assemblies on the Boeing 767 and quadrant assemblies for flight control systems on the Boeing 737 and Boeing 777 platforms.
  • 01/11/2022

Does Honda Motors' Stock Have Upside?

  • Honda Motors' stock at its current price of $29 has a potential upside of 30% as per Trefis' Honda's valuation. The stock is flat compared to the price after Q2 2022 results (ended September 2021).
  • 01/07/2022

Honda China JV announces 120,000 units-a-year EV factory

  • Honda Motor Co and its Chinese joint venture partner Dongfeng Motor said on Thursday they would build a new factory in Wuhan to exclusively manufacture electric vehicles (EVs) from 2024.
  • 01/05/2022

Qualcomm (QCOM) Automotive Chips to Power Volvo, Honda, Renault

  • Qualcomm's (QCOM) deals with leading car manufacturers to supply automotive chips are likely to sow the seeds for digitizing their product lines.
  • 01/05/2022

Qualcomm-Microsoft Partner For Metaverse AR Glasses; Forge Deals With Volvo, Honda, Renault

  • Qualcomm Inc (NASDAQ: QCOM) collaborated with Microsoft Corp (NASDAQ: MSFT) over custom chips that would control lightweight augmented reality glasses for consumers and businesses for metaverse apps. They look to mate the custom chips with the software developers need to create virtual worlds where people can work and play.
  • 01/05/2022

Qualcomm inks car chip deals with Volvo, Honda and Renault

  • Qualcomm Corp on Tuesday announced deals to supply chips to automakers Volvo Group, Honda Motor Co Ltd and Renault SA, accelerating its push to partner with legacy automotive firms digitizing their product lines.
  • 01/04/2022

Honda Motor (HMC) Gains As Market Dips: What You Should Know

  • Honda Motor (HMC) closed at $28.45 in the latest trading session, marking a +0.74% move from the prior day.
  • 12/31/2021

Honda Motor (HMC) Gains But Lags Market: What You Should Know

  • Honda Motor (HMC) closed at $27.50 in the latest trading session, marking a +0.51% move from the prior day.
  • 12/21/2021

Honda (HMC) and Ford (F) Vehicle Recalls Under the Lens

  • Honda (HMC) recalls more than 724,000 cars over a safety issue with the vehicles' hoods, while (F) recalls 114,996 cars over faulty rear-brake linings.
  • 12/06/2021

4 Capital-Intensive Stocks to Consider

  • When looking for value opportunities among capital-intensive businesses, investors could be interested in stocks with price-to-tangible book value ratios that are more appealing than their respective industry medians.
  • 12/05/2021

US Auto Sales Stuck in Low Gear, Holiday Sales Push Unlikely

  • While the holiday season is upon us, low inventory levels and high vehicle prices are not likely to cause the usual year-end bump up in sales volume.
  • 12/03/2021

Electric Dreams of NSANY, TM & HMC in the Spotlight

  • As Japan readies for an electrified future, the nation's automotive heavyweights are getting serious about transitioning to all-electric transportation.
  • 11/30/2021

Honda's Japan car output to return to normal capacity in December

  • Honda Motor Co said on Thursday its Japanese car factories will return to normal operations in December, after working at around 90% capacity this month due to a shortage of chips and supply disruptions from COVID-19 lockdowns overseas.
  • 11/18/2021

Honda Motor asks parts suppliers to reduce carbon emissions -Nikkei

  • Honda Motor has asked its main parts suppliers to reduce carbon emissions annually by 4% versus 2019 levels, the Nikkei daily reported on Tuesday.
  • 11/16/2021

Honda Tests Autonomous Work Vehicle At Black & Veatch Construction Site

  • While Honda had conducted earlier tests of a previous iteration of the AWV, this latest evaluation was the first in which it deployed multiple units that were assigned coordinated tasks.
  • 11/15/2021

Understanding the Investment Opportunity in Electric Vehicle Stocks

  • There are plenty of reasons to be hyped about EV stocks but some challenges also lie ahead. Here's a general breakdown of the industry.
  • 11/10/2021

Honda (HMC) Beats on Q3 Earnings, Trims Sales & Profit View

  • Honda (HMC) estimates a pretax profit of $860 billion for fiscal 2022, down from the previous projection of $1 trillion.
  • 11/10/2021

Honda exec: Democrats are playing favorites with new EV proposal

  • As recent fires, floods and heat-related health crises have demonstrated, climate change is indisputably the threat of our lifetime. Thankfully, it's clear that much of the world recognizes the threat, as demonstrated by global leaders who gathered in Glasgow, Scotland, for the UN Climate Change Conference.
  • 11/09/2021

Honda Motor Co., Ltd. (HMC) Q2 2022 Results - Earnings Call Transcript

  • Honda Motor Co., Ltd. (HMC) Q2 2022 Results - Earnings Call Transcript
  • 11/05/2021

Honda Motor Registers 6.8% Revenue Decline In Q2 Due To Supply Chain Woes, Cuts FY22 Outlook

  • Honda Motor Co Ltd (NYSE: HMC) reported a second-quarter FY22 sales decline of 6.8% year-on-year, to ¥3.4 trillion ($30.94 billion), missing the analyst consensus of $31.28 billion. Motorcycle business revenue rose 2.5% Y/Y to ¥505.5 billion and Automobile revenue decreased 11.5% to ¥2.1 trillion.
  • 11/05/2021

Honda posts fall in Q2 operating profit

  • Honda Motor Co on Friday reported second-quarter operating profit of 198.9 billion yen ($1.75 billion) compared with a profit of 282.9 billion yen a year earlier, after a global chip shortage forced it to cut vehicle output.
  • 11/05/2021

Honda Motor reports 31% profit fall, as chips, parts shortage knocks sales

  • Honda Motor Co. said Friday that its second-quarter net profit fell 31% from a year earlier as a shortage of chips and other parts hit auto sales.
  • 11/05/2021

Honda Motor's Stock Steady Before Earnings, Will It Rebound?

  • Honda Motor's stock fell by 0.9% in the last twenty-one trading days. In comparison, the broader S&P500 index rose by 5.9% over the same period.
  • 11/03/2021

Key Factors Shaping the Fate of Honda's (HMC) Q2 Earnings

  • Declining vehicle sales in Japan and the United States likely to have dented Honda's (HMC) performance during the July-September period.
  • 11/01/2021

Honda Motor (HMC) Stock Sinks As Market Gains: What You Should Know

  • Honda Motor (HMC) closed at $29.92 in the latest trading session, marking a -1.77% move from the prior day.
  • 10/21/2021

EV Stocks May Not Be As Infallible As You Think

  • EV stocks are being valued as if they have a lot of profitable growth ahead, but the auto industry has proven to be a poor place to make money over the last century.
  • 10/20/2021

EV Roundup: HMC EV Ambitions in China, SOLO-Bosch Partnership & More

  • While Honda (HMC) announces plans to go all-electric in China by 2030, ElectraMeccanica (SOLO) seals a deal with Bosch for repair and maintenance services for its flagship SOLO model.
  • 10/18/2021

Honda pitches new light jet model as private travel soars

  • Honda Aircraft Co on Tuesday rolled out plans for a new light business jet that can fly non-stop across the United States, as the company looks to tap into skyrocketing demand for private travel.
  • 10/12/2021

Continued Demand Boosting Microchip Industry: 4 Stocks to Buy

  • Growing demand for microchips amid supply crunch has been helping companies like NVIDIA Corporation (NVDA), Semtech Corporation (SMTC) and Texas Instruments (TXN).
  • 10/12/2021

Japanese automakers' China car sales tumble in September

  • Japanese automakers Honda Motor Co Ltd, Nissan Motor Co Ltd and Toyota Motor Corp saw their sales in China tumble in September as a chip shortage hit vehicle production in the world's biggest car market.
  • 10/11/2021

Thursday Afternoon Analyst Upgrades and Downgrades: Facebook, Honda, Stitch Fix and More

  • Tech companies felt the sting Monday as Facebook's outage not only inflicted serious damage to the social media giant but the tech sector at large.
  • 10/05/2021

Car sales are plunging but Wall Street is still driving car stocks up

  • Car sales at major automakers are plunging due to a shortage of computer chips that's forced factory shutdowns and crimped supply.
  • 10/04/2021

4 Stocks Trading With Low Price-to-Free-Cash-Flow Ratios

  • If you want to increase your likelihood to discover value opportunities, one method is to look for stocks with trailing 12-month price-to-free-cash-flow ratios lower than that of the S&P Global Index, which stands at around 29.09.
  • 10/03/2021

General Motors, Stellantis, Toyota and Honda Q3 deliveries hit hard by chip shortage

  • U.S. auto sales dropped dramatically in the third quarter as inventories continued to dwindle amid the ongoing chip shortage. Hyundai and Kia saw the largest gains among major brands.
  • 10/01/2021

10 Cyclical Stocks to Buy After the Great Correction Plunge

  • The investment pros are nervous about a big correction before 2022. Here are 10 cyclical stocks to buy for gains into next year and beyond.
  • 10/01/2021

Honda Introduces Initiatives in New Areas, Taking on Challenges in New Areas while Leveraging Its Core Technologies

  • TOKYO, Sept. 30, 2021 /PRNewswire/ -- Honda Motor Co., Ltd.
  • 09/30/2021

This Warren Buffett Stock Is Still a Great Value

  • Verizon's 5G rollout is laying the groundwork for a promising new source of revenue.
  • 09/28/2021

EV Roundup: F Partners With Redwood, LI Trims Q3 Delivery Guidance & More

  • While Ford (F) ties up with Redwood Materials for EV battery recycling, Li Auto (LI) cuts delivery view for the third quarter of 2021 amid chip crisis.
  • 09/27/2021

Google To Integrate In-Vehicle Connected Service In Honda's New Model

  • Honda Motor Co Ltd (NYSE: HMC) and Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) Google have agreed to integrate Google's in-vehicle connected service into an all-new model set to launch in the second half of 2022 in North America. Honda began adopting Android Auto, starting with the Accord in 2016.
  • 09/23/2021

Is Honda's Stock Undervalued At $30?

  • Honda Motor's stock went down by about 2.7% to $30 in the last five trading days. In comparison, Trefis' Honda's Valuation is $38 indicating a potential upside of around 25%.
  • 09/23/2021

10 Value Stocks to Buy Priced at Less Than Their Book Value

  • Ben Graham bought stocks below book value for a margin of safety. It's tough to do.
  • 09/21/2021

Honda (HMC) Sets 70K Annual Sales Target for Prologue's US Journey

  • The launch of Honda's (HMC) first volume BEV will mark the beginning of the company's transition to an electric future in North America.
  • 09/21/2021

Honda says domestic output at 40% of capacity in Aug-Sept, 70% in early Oct

  • Honda Motor Co said its car factories in Japan have been operating at 40% of capacity in August and September because of shortages of semiconductors and other components caused by the COVID-19 pandemic.
  • 09/20/2021

Honda Sees 70,000 Prologue US EV Sales In 2024: Reuters

  • Honda Motor Co Ltd's (NYSE: HMC) U.S. unit is targeting initial annual sales of 70,000 for its planned Prologue electric sport utility vehicle launch in 2024, Reuters reports. Honda is co-developing the Prologue and electric Acura-brand SUV with General Motors Co (NYSE: GM).
  • 09/20/2021

Honda targets annual sales of 70,000 Prologue electric vehicles in U.S. from 2024

  • Honda Motor Co's U.S. unit said on Monday it is targeting initial annual sales of 70,000 for its planned electric Prologue sport utility vehicle when it goes to market in 2024.
  • 09/20/2021

Why Tesla, Toyota, Honda Are Against EV Tax Incentive Bill?

  • Toyota Motor Corp (NYSE: TM) and Honda Motor Co Ltd (NYSE: HMC) urged Congress to scrap a bill that would expand tax incentives for union-made electric vehicles built in the U.S., TechCrunch reports. The bill would expand the federal tax incentives from $7,500 to $12,500 for union and domestically manufactured cars.
  • 09/14/2021

From 'blatantly biased' to 'discriminatory:' Tesla, Toyota and Honda criticize $4,500 EV tax incentive for union-made vehicles

  • The comments were made ahead of the EV incentive package being discussed Tuesday by the House Ways and Means Committee.
  • 09/14/2021

Honda's EV Challenge

  • Reuters reported that Honda Motor Co (NYSE: HMC) and Toyota Motor Corporation (NYSE: TM), are criticizing a new proposal by Democratic lawmakers to expand tax credits for EVs, as they find it discriminating against non-union auto workers. Under the proposal, US union-made EVs would qualify for a tax credit of $12,500 per vehicle, significantly favoring Big Three US automakers General Motors (NYSE: GM), Ford Motor (NYSE: F), and Fiat Chrysler over non-union companies such as Tesla Inc (NASDAQ: TSLA) and the Japanese carmakers that have plants in the US.
  • 09/14/2021

7 Low Price-to-Book Stocks to Buy in September

  • The P/B ratio is emerging as a convenient tool to identify low-priced stocks that have high-growth prospects.
  • 09/13/2021

Toyota, Honda Angry After Getting Shut Out of Electric Car Tax Credit

  • The U.S. Congress has big plans for electric vehicles (EVs), but two of the world's biggest automakers were stunned Saturday to find out they'd.
  • 09/12/2021

Toyota, Honda Oppose U.S. House Electric Vehicle Tax Plan, Say It Is 'Unfair'

  • Toyota Motor Corp (NYSE: TM) and Honda Motor Co (OTC: HNDAF) have vehemently opposed the proposal to give union-made electric vehicles in the U.S. an additional $4,500 tax incentive.  What Happened: The bill, proposed by the Democrats in the U.S. House of Representatives, is set to be voted on Tuesday by the Democratic-led House Ways and Means Committee.
  • 09/12/2021

Honda Motor (HMC) is a Top-Ranked Value Stock: Should You Buy?

  • The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
  • 09/09/2021

Piaggio, KTM, Honda and Yamaha set up swappable batteries consortium

  • Italian scooter maker Piaggio said on Monday it had set up a consortium with Honda Motor Co., KTM AG and Yamaha Motor Co. to encourage the use of swappable batteries for electric motorcycles and light electric vehicles.
  • 09/06/2021

Chip Crunch Derails U.S. August Auto Sales: Rough Road Ahead

  • In August, SAAR declined to 13.09 million light vehicle units, marking the lowest reading of 2021 so far. Amid worsening supply crunch and low inventory levels, automakers need to brace for more pain.
  • 09/03/2021

New Strong Buy Stocks for August 27th

  • CTRN, EHC, HMC, PPC, and MNTX have been added to the Zacks Rank #1 (Strong Buy) List on August 27, 2021.
  • 08/27/2021

Top Ranked Income Stocks to Buy for August 27th

  • NYCB, HMC, OMF, and WSR made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 27, 2021
  • 08/27/2021

7 Value Stocks to Unlock Gains Using Price-to-Book Ratio

  • P/B ratio is emerging as a convenient tool to identify low-priced stocks that have high-growth prospects.
  • 08/26/2021

Fuel-cell vehicles are set for big gains in China's commercial truck market, JPMorgan says

  • Fuel cell vehicles could account for one-third of commercial trucks in China by 2050, says JPMorgan's Elaine Wu.
  • 08/24/2021

2 Reasons to Buy EV ETFs Now

  • Earnings strength and infrastructure bill should boost EV ETFs ahead.
  • 08/17/2021

Honda Motor Reports 68% Rise in Q1 Revenue; Trims FY22 Unit Sales Guidance

  • Honda Motor Co Ltd (NYSE: HMC) reported first-quarter FY21 sales revenue growth of 68.7% year-on-year, to ¥3.58 trillion. Sales revenue from Motorcycles rose 88.9% Y/Y to ¥518.2 billion, and automobiles climbed 79.4% to ¥2.25 trillion.
  • 08/04/2021

Toyota and Honda post sharp first-quarter profit gains

  • Toyota and Honda post sharp first-quarter profit gains
  • 08/04/2021

Honda Motor Co., Ltd. (HMC:NYSE) announced its Consolidated Financial Summary for the Fiscal 1st Quarter Ended June 30, 2021 and Forecasts for the Fiscal Year Ending March 31, 2022

  • TOKYO, Aug. 4, 2021 /PRNewswire/ -- Despite some unfavorable factors such as the semiconductor supply shortage and an increase in raw material costs, consolidated operating profit for the fiscal first quarter ended June 30, 2021 amounted to 243.2 billion yen, a year-on-year increase by 356.9 billion yen. This was due primarily to a positive effect of the company's ongoing initiatives to solidify its existing businesses as well as an increase in unit sales compared to the same period last year which was heavily impacted by the COVID-19 pandemic.
  • 08/04/2021

Honda swings to Q1 operating profit, trounces estimates

  • Honda Motor Co swung on Wednesday to a first-quarter operating profit of 243.21 billion yen ($2.23 billion) from a 113.7 billion loss a year ago as car sales recovered from the impact of the COVID-19 pandemic.
  • 08/04/2021

Honda Motor's Stock Trading Higher Before Q1 Earnings

  • According to the Trefis Machine Learning Engine, which identifies trends in a company's stock price using multiple years of historical stock data, returns for HMC's stock average around 0.5% in the next one-month (twenty-one trading days) period after experiencing a 3.4% rise in a week (five trad.
  • 08/02/2021

3 Stocks to Sell Due to Damaging Supply-Chain Woes

  • These three stocks to sell have been struggling immensely with the ongoing supply chain disruptions brought about by the pandemic The post 3 Stocks to Sell Due to Damaging Supply-Chain Woes appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now It doesn't matter if you have $500 in savings or $5 million.
  • 07/28/2021

4 Auto Stocks to Watch as the Shift to EVs Intensifies

  • Watch out for automakers like Ford (F), General Motors (GM), Honda Motor (HMC) and Toyota Motor (TM) as the battle against climate change pushes demand for EVs.
  • 07/21/2021

Honda Is Well-Positioned to Compete With Global EV Rivals: CEO

  • Jul.20 -- Honda Motor Co. became the first Japanese automaker to publicly say it will go all electric by 2040 although it has a long history with engines. To better position for the electric age, it reached an agreement with General Motors Co. last year to jointly develop two new Honda EVs.
  • 07/20/2021

Richard Branson Went to Space, But These Space Stocks Could Go to the Moon

  • Three stocks that could rocket higher.
  • 07/17/2021

Honda CEO says willing to form alliance to make electrification profitable

  • Honda Motor Co's chief executive said on Friday the Japanese automaker was willing to form new alliances to make electrification profitable.
  • 07/16/2021

Honda Is Latest Automaker To Nix Lease Returns To Other Brands' Dealers

  • Just when used-car values are at all time highs, car companies are limiting the ability to cash in at the end of a lease.
  • 07/12/2021

In Q2 2021, Honda Overtook Toyota In The Biggest U.S. Car Segment

  • In Q2 2021, Honda Overtook Toyota In The Biggest U.S. Car Segment
  • 07/08/2021

ETF & Stocks to Ride on Auto Industry Strength

  • The U.S. auto industry has been showing strength as the economy reopens and more people shift to private conveyance due to the COVID-19 pandemic.
  • 07/06/2021

Honda, Nissan saw China sales tumble in June

  • Japanese automakers Honda Motor and Nissan Motor saw their sales in China tumble in June as overall sales in the world's biggest car market decline.
  • 07/06/2021

US Q2 Sales Continue to Forge Ahead Despite Inventory Dearth

  • While U.S. car sales continue to shoot up, the lean inventory at dealerships is cooling down the pace of the auto industry's recovery.
  • 07/05/2021

3 Stocks to Watch Amid Robust Demand for Off-Road Vehicles

  • Watch out for the likes of Polaris (PII), Fox Factory Holding (FOXF) and Honda Motor (HMC) as the demand for off-road vehicles look ready to continue on the trend of adventure sports.
  • 07/05/2021

Imagine AR says Global Sports Initiatives partnered with Ryan Norman Racing for the Honda Indy 200

  • ImagineAR Inc (CSE:IP) (OTCMKTS:IPNFF) (FRA:GMS1) announced that Global Sports Initiatives (GSI) has partnered with American racing driver Ryan Norman to deliver a unique augmented reality (AR) experience for the Honda Indy 200.  The car race takes place at Mid-Ohio on July 2–4, 2021.
  • 07/01/2021

Honda (HMC) to Kick-Off US Electric Journey With Prologue SUV

  • The launch of Honda's (HMC) first volume BEV will mark the beginning of the company's transition to an electric future in North America.
  • 06/29/2021

Prologue, Honda's first electric SUV, is coming to market in 2024

  • Honda said Monday it will sell its first electric SUV in North America in early 2024, part of the automaker's push to shift away from gas-powered vehicles before the middle of the decade. The new car's name, Prologue, is meant to signify the beginning of what the company called its “new electrified era.
  • 06/28/2021

Honda outlines new strategy for electric vehicle push

  • Honda is outlining its plans to develop and sell electric vehicles. CNBC's Phil LeBeau reports.
  • 06/28/2021

Honda's First Electric Crossover, The GM-Built Prologue, Arrives In 2024

  • Honda has been a leader in improving fuel efficiency and reducing emissions ever since the debut of the CVCC engine in the early-1970s and the original Insight hybrid in 2000. But it has been slow to adopt EVs with its first new model, the GM-Built Prologue arriving in 2024
  • 06/28/2021

Honda hopes new Civic hatchback to be basis for more efficient cars

  • Honda Motor Co unveiled its latest Civic hatchback designs on Thursday, with hopes that the all-new model will become a foundation for developing cars more efficiently.
  • 06/24/2021

Honda Sets Sights on an Electric Future

  • Jun.22 -- Honda eyes Japan's electric vehicle market as the automaker says it will phase out sales of gasoline-powered cars by 2040. Bloomberg's Shiho Takezawa takes a Honda EV for a spin.
  • 06/22/2021

Honda Motor (HMC) Dips More Than Broader Markets: What You Should Know

  • In the latest trading session, Honda Motor (HMC) closed at $32.53, marking a -0.82% move from the previous day.
  • 06/17/2021

V&M Breakouts: Top Growth And Dividend Stocks For June 2021

  • Releasing two top June stocks from the MDA Growth and Dividend Breakout portfolio and two top samples from prior portfolios. Long-term dividend portfolios have average weighted gains of +31.3% and the S&P 500 +13.1% YTD.
  • 06/13/2021

7 Legacy Auto Stocks That Could Knock Tesla From Its EV Throne

  • While Tesla currently dominates the discussion for electric vehicles, these legacy auto stocks could offer surprising competition. The post 7 Legacy Auto Stocks That Could Knock Tesla From Its EV Throne appeared first on InvestorPlace.
  • 06/08/2021

Is U.S. Auto Industry Growth Story Likely to be Cut Short?

  • Many automakers are going to find it difficult to rapidly restore inventories amid supply chain distortions, which may cause speed bumps in overall U.S. vehicle sales through the peak summer season.
  • 06/08/2021

Honda says to end output at powertrain unit factory in Tochigi in 2025

  • Honda Motor Co said on Friday it will end production at its powertrain unit factory in Japan's Tochigi prefecture north of Tokyo in 2025, to adapt to environmental changes surrounding the global auto industry.
  • 06/04/2021

Nissan, Honda report lower China sales in May, Toyota up

  • Nissan Motor Co Ltd and Honda Motor Co Ltd saw lower sales in May in China, the world's biggest vehicle market, while Toyota Motor Corp reported higher sales.
  • 06/04/2021

Why Is Everyone Talking About Electric-Vehicle Stocks?

  • Here's why this growth sector is making headlines, as well as two stocks worth watching.
  • 06/03/2021

Toyota, Honda Briefly Stop Malaysian Production Due To Lockdown: Reuters

  • Japanese automakers Toyota Motor Corp (NYSE: TM) and Honda Motor Co Ltd (NYSE: HMC) have temporarily suspended production at their Malaysian factories due to the countrywide COVID-19 lockdown from June 1 to June 14, Reuters reports. Toyota produced 51,000 vehicles in Malaysia in 2020.
  • 06/01/2021

Auto lenders are becoming more aggressive: Expert

  • Jonathan Smoke, Cox Automotive chief economist, and CNBC's Phil LeBeau join 'The Exchange' to discuss the increased aggressiveness of auto lenders as more Americans seek out used cars. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic Turn to CNBC TV for the latest stock market news and analysis.
  • 05/27/2021

7 Massively Undervalued Stocks to Grab Soon Before They Go Hyperbolic

  • The timing is right to buy these stable, undervalued stocks, especially with markets trading at hyperbolic price multiples at the moment. The post 7 Massively Undervalued Stocks to Grab Soon Before They Go Hyperbolic appeared first on InvestorPlace.
  • 05/20/2021

Honda (HMC) Q4 Earnings Beat, FY22 Sales View Encouraging

  • For fiscal 2022, Honda (HMC) forecasts sales and operating profit of $15.2 trillion and $660 billion, respectively.
  • 05/18/2021

Honda Motor Co., Ltd. (HMC) Management on Q4 2021 Results - Earnings Call Transcript

  • Honda Motor Co., Ltd. (HMC) Management on Q4 2021 Results - Earnings Call Transcript
  • 05/14/2021

Honda Motor Co., Ltd. (HMC:NYSE) announced its Consolidated Financial Summary for the Fiscal Year Ended March 31, 2021 and Forecasts for the Fiscal Year Ending March 31, 2022

  • TOKYO, May 14, 2021 /PRNewswire/ -- Despite some unfavorable factors such as a decrease in demand due to the impact of the COVID-19 pandemic and the impact of semiconductor supply shortages, consolidated operating profit for the fiscal year ended March 31, 2021 (FY21) amounted to 660.2 billion yen due primarily to control of selling, general and administrative (SG&A) expenses and cost reduction efforts based on a review of business activities, as well as an increase in profit due to a year-on-year difference in the amount of the provision for credit losses recorded for financial services business. Consolidated profit for the year attributable to owners of the parent experienced a year-on-year increase and amounted to 657.4 billion yen, due also to an increase in the share of profit of investments accounted for using the equity method.
  • 05/14/2021

Honda posts 4.2% rise in full-year operating profit

  • Honda Motor Co on Friday posted a 4.2 % increase in annual operating profit, with car sales recovering from the impact of the COVID-19 pandemic.
  • 05/14/2021

Honda (HMC) to Report Q4 Earnings: What's in the Offing?

  • Declining vehicle sales in the Japanese market might have dented Honda's (HMC) performance during the January-March period.
  • 05/11/2021

More than 1 million Honda Accords may have a steering problem. The US is investigating

  • Federal safety regulators are investigating reports that more than 1 million Honda Accords have a steering problem that can a cause a car to veer out of its lane.
  • 05/10/2021

Auto Sales Finally Rebounding: Can Carmakers Bounce Back?

  • Almost all major carmakers like General Motors Company (GM), Ford Motor Company (F) and Honda Motor Corporation (HMC) are reporting robust new vehicles sales, thus indicating that the industry is finally getting back on its feet.
  • 05/10/2021

Coinbase, Disney, EA, DoorDash, Simon Property, and Other Stocks to Watch This Week

  • First-quarter earnings season continues with results from Tyson Foods, Walt Disney, Electronic Arts, DoorDash, Coinbase, and Marriott. Plus, inflation data and April retail sales.
  • 05/09/2021

Nasdaq Dips; Dow, S&P Close Higher

  • The Dow, boosted by 2%+ gains from Chevron (CVX), Walgreens (WBA) and Home Depot (HD), was the best-performing major index on the day, +0.70%.
  • 05/03/2021

Honda Motor (HMC) Stock Sinks As Market Gains: What You Should Know

  • Honda Motor (HMC) closed at $30.37 in the latest trading session, marking a -0.1% move from the prior day.
  • 04/29/2021

Honda to suspend three Japanese plants in May due to chip shortage

  • Honda Motor Co will suspend three plants in Japan as many as six days in May due to a chip shortage, a spokesman said on Wednesday.
  • 04/28/2021

Imasen Electric Industrial: Very Illiquid But The Valuations Stack Up

  • Imasen Electric Industrial: Very Illiquid But The Valuations Stack Up
  • 04/25/2021

Honda Motor (HMC) Gains But Lags Market: What You Should Know

  • Honda Motor (HMC) closed at $30.43 in the latest trading session, marking a +0.63% move from the prior day.
  • 04/23/2021

Honda targets 100% EV sales in North America by 2040

  • Honda's new goal is to achieve 100% EV sales in North America by 2040 as part of its broader target of being carbon neutral by 2050. CEO Toshihiro Mibe announced planned shift away from internal combustion engines at a news conference on Friday, his first since taking over executive leadership of the company in early […]
  • 04/23/2021

Honda promises to make only emissions-free vehicles in the future

  • Honda became the latest automaker to promise an emissions-free future.
  • 04/23/2021

Honda Targets Complete Electrification Of Vehicles By 2040: Reuters

  • Japanese automaker Honda Motor Co Ltd (NYSE: HMC) CEO Toshihiro Mibe was targeting 100% sales in electric vehicles (EVs) and fuel cell vehicles (FCVs) by 2040 in support of the government's renewable energy drive, Reuters reports. The 2040 target also included hybrid vehicles.
  • 04/23/2021

Honda Motor (HMC) Gains But Lags Market: What You Should Know

  • In the latest trading session, Honda Motor (HMC) closed at $30.67, marking a +0.26% move from the previous day.
  • 04/16/2021

Does Honda Stock Have Upside After Its Plant Shutdowns?

  • Honda's stock (NYSE: HMC) has risen by 1% over the last five trading days. In comparison, the broader S&P500 rose by 1.8% over the last five trading days.
  • 04/15/2021

3 Legacy Automakers to Watch As the Shift to EVs Speeds Up

  • Legacy automakers have been gradually increasing their presence in the EV space as the world looks to go green, making it wise to look at names like Toyota (TM), Ford (F) and Honda Motor (HMC)
  • 04/13/2021

Verizon (VZ) & Honda (HMC) Test 5G Efficacies in Connected Vehicles

  • Leveraging Verizon's (VZ) 5G Ultra Wideband, mobile edge computing platform and V2X communication systems, the research aims to test how super-fast reliable data transfer between road infrastructure and vehicle could reduce collisions and save lives.
  • 04/12/2021

Honda, Verizon Team Up To Use 5G To Make Cars Aware Of Safety Risks

  • Brian Peebles, Verizon's senior manager of technology development, said the partners have plans to test 5G-enabled vehicles on public roads in at least four cities this year.
  • 04/08/2021

Is Honda Motor Co. (HMC) Outperforming Other Auto-Tires-Trucks Stocks This Year?

  • Is (HMC) Outperforming Other Auto-Tires-Trucks Stocks This Year?
  • 04/07/2021

US Q1 Vehicle Sales Impress: Will Momentum Sustain in Q2?

  • Amid falling inventories and global chip shortage, U.S. vehicle sales for Q2 is likely to fall sequentially.
  • 04/06/2021

Is Honda Motor (HMC) a Great Value Stock Right Now?

  • Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
  • 04/02/2021

A Trio of Low Price-Book Ratio Stock Picks

  • Choosing stocks whose market capitalization exceeds $10 billion and whose price-book ratios are below 1.5 could give value investors a higher probability to find opportunities amid U.S.-listed equities.
  • 04/02/2021

Honda Motor (HMC) Stock Sinks As Market Gains: What You Should Know

  • Honda Motor (HMC) closed the most recent trading day at $30.07, moving -0.43% from the previous trading session.
  • 04/01/2021

Vehicle Data Shows 'Revving' Economy

  • Banks increased vehicle lending during the pandemic. Vehicle sales are within 10% of pre-pandemic levels.
  • 04/01/2021

Honda (HMC) Recalls 761,000 Vehicles on Faulty Fuel Pumps

  • Honda (HMC) recalls 761,000 vehicles worldwide, including 628,000 vehicles in the United States, covering various 2018-2020 model year Acura and Honda vehicles.
  • 03/31/2021

Honda agrees to sell British car plant to logistics giant Panattoni

  • Honda has agreed to sell its only British car plant at Swindon in southern England to logistics giant Panattoni, a company spokesman said on Saturday, as the new owner reportedly plans to make a large investment at the sprawling site.
  • 03/27/2021

7 Ways to Define a Blue-Chip

  • The ranks of blue-chip stocks are constantly changing, and what you call a blue-chip investment will also change as you age. The post 7 Ways to Define a Blue-Chip appeared first on InvestorPlace.
  • 03/26/2021

5 Semiconductor Stocks to Buy as Supply Shortage Spurs Demand

  • Growing demand for microchips amid supply crunch has been helping companies like Micron Technology (MU) and Maxim Integrated Products (MXIM).
  • 03/26/2021

Honda Motor (HMC) Gains As Market Dips: What You Should Know

  • Honda Motor (HMC) closed the most recent trading day at $30.14, moving +0.37% from the previous trading session.
  • 03/24/2021

What Will the Stock Market Do Today? 3 Big Stories to Watch.

  • What will the stock market do today? All eyes are on an ongoing chip shortage, GameStop earnings and fears over widening income inequality.
  • 03/24/2021

Honda to extend production suspension at some North American plants

  • Honda Motor Co said on Tuesday it will extend production suspensions at some North American plants into the week of March 29 due to various supply chain issues.
  • 03/23/2021

Chip shortage adds pressure to Japanese auto production

  • CNBC's Phil LeBeau reports why Japanese automakers may now be facing a semiconductor shortage.
  • 03/23/2021

Is Honda Motor Co. (HMC) Outperforming Other Auto-Tires-Trucks Stocks This Year?

  • Is (HMC) Outperforming Other Auto-Tires-Trucks Stocks This Year?
  • 03/22/2021

Buy These 7 Stocks With Low P/B Ratio to Boost Returns

  • P/B ratio is emerging as a convenient tool for identifying low-priced stocks that have high growth prospects. PVH Corp. (PVH), Honda Motor (HMC), Owens & Minor (OMI), ArcelorMittal (MT), Hologic (HOLX), ASE Technology Holding (ASX) and Goldman Sachs (GS) are good stocks to add.
  • 03/18/2021

Honda Motor (HMC) Gains But Lags Market: What You Should Know

  • Honda Motor (HMC) closed the most recent trading day at $30.64, moving +0.23% from the previous trading session.
  • 03/17/2021

Honda says will suspend production in Mexico from March 18

  • Japanese carmaker Honda Motor Co will temporarily suspend production at its plants in Mexico beginning on March 18 due to supply chain problems related to pandemic disruptions, a company spokesperson said on Wednesday.
  • 03/17/2021

Should Value Investors Buy Honda Motor (HMC) Stock?

  • Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
  • 03/17/2021

Chip Crunch Throws Auto Market in Disarray: No Quick Fix in Sight

  • Per IHS Markit, chip shortfall could result in global light vehicle production loss of around 1 million units in the first quarter itself.
  • 03/17/2021

Chip Crisis, Bad Weather Impacts Honda And Toyota's North American Production

  • Honda Motor Co Ltd (NYSE: HMC) would suspend production at some plants in the U.S. and Canada next week due to supply chain problems triggered by the pandemic, chip shortage, and severe winter weather, Bloomberg reports. The automaker would stop work at plants in Marysville, East Liberty in Ohio, Indiana, Alabama, and Ontario, possibly for a week without disclosing the volume impact.
  • 03/17/2021

The global chip shortage is still hurting Samsung, Honda and Volkswagen

  • The global chip shortage is continuing to pummel global business, with Samsung, Honda and Volkswagen among the latest major companies to warn of sustained disruption.
  • 03/17/2021

Exclusive: Honda temporary cutting some production at all U.S., Canada plants

  • Honda Motor Co said late Tuesday it will temporarily suspend some production next week at all U.S. and Canadian plants citing a number of supply chain issues.
  • 03/16/2021

7 Stocks to Buy No Matter What the Treasury Yield Does

  • With conflicting government data posing questions over the steadily rising Treasury yield, investors may want to concentrate on stocks to buy that may be agnostic to the drama. The post 7 Stocks to Buy No Matter What the Treasury Yield Does appeared first on InvestorPlace.
  • 03/16/2021

BCE Unit Reforms Honda Canada Vehicles With In-Car Wi-Fi Facility

  • Bell, a BCE unit, collaborates with Honda Canada to offer its passengers a seamless connected experience with its in-car Wi-Fi hotspot facility.
  • 03/15/2021

7 Car Stocks To Sell on the Chip Shortage

  • The current chip shortage threatens to curb short-term growth of car stocks The post 7 Car Stocks To Sell on the Chip Shortage appeared first on InvestorPlace. More From InvestorPlace Why Everyone Is Investing in 5G All WRONG It doesn't matter if you have $500 in savings or $5 million.
  • 03/12/2021

Why Is Everyone Talking About Electric Vehicle Stocks?

  • Could this be the next major growth market? Some investors think so.
  • 03/12/2021

4 Stocks To Buy Ready To Bounce Back From 2020's Dumpster Fire

  • These 4 stocks to buy have good fundamentals, are attractive from a valuation perspective and can provide safety in a volatile 2021. The post 4 Stocks To Buy Ready To Bounce Back From 2020's Dumpster Fire appeared first on InvestorPlace.
  • 03/10/2021

Has Honda Motor Co. (HMC) Outpaced Other Auto-Tires-Trucks Stocks This Year?

  • Is (HMC) Outperforming Other Auto-Tires-Trucks Stocks This Year?
  • 03/04/2021

Honda to sell limited batch of level 3 self-driving cars

  • Honda Motor Co Ltd on Thursday said it will sell a limited batch of its flagship Legend sedan equipped with level 3 autonomous driving technology that enables vehicles to navigate congested highways.
  • 03/04/2021

3 Auto Stocks You Can and Should Buy Today

  • Not all auto stocks to buy are created equal and some are just gaining Wall Street's long overdue respect amid a more systemic crash. The post 3 Auto Stocks You Can and Should Buy Today appeared first on InvestorPlace.
  • 03/03/2021

5 Industrial Companies Boosting Earnings

  • The following industrial companies have grown their earnings per share over a five-year period. According to the GuruFocus discounted cash flow calculator as of March 3, all of them also trade with a margin of safety.
  • 03/03/2021

6 Low Price-to-Book Stocks to Buy in March for High Returns

  • P/B ratio is emerging as a convenient tool for identifying low-priced stocks that have high growth prospects. PVH Corp. (PVH), Honda Motor (HMC), Adient (ADNT), Owens Corning (OC), Conns (CONN) and Goldman Sachs (GS) are good stocks to add.
  • 03/03/2021

Are Investors Undervaluing Honda Motor (HMC) Right Now?

  • Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
  • 03/01/2021

EVs Are Growing In All Directions

  • Traditional automakers are transforming their business models to adapt to an all-electric future. General Motors Company (NYSE: GM) increased its investment to have a zero tailpipe emission line-up by 2035 with plans to invest $7 billion in electric and autonomous vehicles this year and $27 billion by 2025.
  • 02/25/2021

Is Honda's Stock Fairly Valued?

  • After rallying 29% since the end of FY 2020 (ended March 2020), Honda Motors' stock is close to its near term potential. HMC's stock grew from $22 at the end of FY 2020 to near $29 now, compared to the S&P 500 which has gained 59% since the end of March 2020.
  • 02/22/2021

Honda Appoints Japan R&D Head Toshihiro Mibe As New CEO: Bloomberg

  • Honda Motor Co Ltd (NYSE: HMC) has promoted its Japan R&D head Toshihiro Mibe as the CEO, Bloomberg reports. Mibe will succeed Takahiro Hachigo, who will retire from the company as a director at the June annual meeting.
  • 02/19/2021

Honda says CEO Hachigo to step down, replaced by R&D chief Mibe

  • Honda Motor Co said on Friday that Chief Executive Officer Takahiro Hachigo would step down, handing over the reins to the head of the automaker's research and development arm, Toshihiro Mibe, on April 1.
  • 02/19/2021

Exclusive: Honda to appoint R&D chief Toshihiro Mibe as new CEO - sources

  • Honda Motor Co will name Toshihiro Mibe, head of the Japanese automaker's research and development arm, as its new chief executive officer, two sources told Reuters.
  • 02/17/2021

The Best Way to Play the Auto Industry's Chip Shortage

  • The global semiconductor chip shortage could hit auto parts and car manufacturers hard. Here's how to play it.
  • 02/16/2021

3 Large-Cap Stocks Trading Below the Graham Number

  • One way to discover value opportunities is to screen the market for stocks that are trading below the Graham Number, as such stocks could be selling at discount to their intrinsic value.
  • 02/16/2021

Has Honda Motor Co. (HMC) Outpaced Other Auto-Tires-Trucks Stocks This Year?

  • Is (HMC) Outperforming Other Auto-Tires-Trucks Stocks This Year?
  • 02/12/2021

Honda (HMC) Beats on Q3 Earnings & Sales, Raises Dividend

  • For fiscal 2021, Honda (HMC) projects sales of 12.95 trillion Japanese Yen, down from the prior estimate of 13.05 trillion Japanese Yen.
  • 02/10/2021

5 Stocks to Watch as Auto Sales Look Set for a Rebound

  • The global auto industry seems poised to make a comeback in 2021 as demand gradually improves, making it a good time to look at prominent names like Ford (F) and Toyota Motor (TM)
  • 02/10/2021

Honda Motor Co., Ltd. (HMC) Management on Q3 2021 Results - Earnings Call Transcript

  • Honda Motor Co., Ltd. (HMC) Management on Q3 2021 Results - Earnings Call Transcript
  • 02/09/2021

Honda Raises Guidance After Operating Profit Jumps 67%

  • Good results in China and Japan led Honda to boost its forecast.
  • 02/09/2021

Honda Motor Co., Ltd. (HMC:NYSE) announced its Consolidated Financial Summary for the Fiscal 3rd Quarter Ended December 31, 2020 and Forecasts for the Fiscal Year Ending March 31, 2021

  • TOKYO, Feb. 9, 2021 /PRNewswire/ -- Despite a decrease in demand due to the impact of the COVID-19 pandemic, consolidated operating profit for the fiscal nine months amounted to 447.0 billion yen due primarily to control of selling, general and administrative (SG&A) expenses and cost...
  • 02/09/2021

Honda posts 30% drop in nine-month operating profit

  • Japanese automaker Honda Motor Co on Tuesday posted a nine-month operating profit of 447 billion yen ($4.26 billion), down 30% from 639.25 billion yen a year ago.
  • 02/09/2021

Focus on chip shortage hurting production as Japanese automakers report results

  • Japanese automakers Toyota, Nissan and Honda report third quarter results this week buoyed by recovering demand in China and the United States, but a global chip shortage has clouded their earnings outlook.
  • 02/07/2021

Why 2021 Will Be the Year Big Automakers Strike Back in Electric Vehicles

  • We've talked about it for years, and now it's finally happening.
  • 02/06/2021

Honda (HMC) to Post Q3 Earnings: What's in the Cards?

  • Declining vehicle sales in the American market might have dented Honda's (HMC) performance during the October-December period.
  • 02/05/2021

Kelley Blue Book: The 2021 Hyundai Elantra vs. the 2021 Honda Civic—which is better?

  • The redesigned 2021 Hyundai Elantra takes on the well-established 2021 Honda Civic in the compact car category. Let's see how they compare.
  • 02/05/2021

Chip Shortage 2021: 7 Companies Feeling the Heat From Global Semiconductor Demand

  • As investors continue to learn about the 2021 chip shortage, they should keep these 7 hard-hit stocks on their radars. The post Chip Shortage 2021: 7 Companies Feeling the Heat From Global Semiconductor Demand appeared first on InvestorPlace.
  • 02/04/2021

7 Stock Predictions For Biden's First Year

  • Here are seven stock predictions in sectors that could benefit from the new administration in Washington The post 7 Stock Predictions For Biden's First Year appeared first on InvestorPlace. More From InvestorPlace Why Everyone Is Investing in 5G All WRONG Top Stock Picker Reveals His Next 1,000% Winner It doesn't matter if you have $500 in savings or $5 million.
  • 01/28/2021

Is Honda Motor (HMC) Stock Undervalued Right Now?

  • Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
  • 01/26/2021

Guide to Electric Vehicle ETFs

  • With automation and technological breakthrough emerging rapidly, fast pickup in electric vehicles is in the cards.
  • 01/19/2021

Why Toyota, Honda, And Nissan Continue To Bet On Sports Cars

  • Among many car fans, the 1990s are considered the golden age of Japanese sports cars with standouts including the Toyota Supra, Acura NSX, Mazda R-X7, Nissan 300ZX, Mitsubishi 3000GT, and Mazda Miata. In the current auto market, buyer tastes have shifted toward sport utility vehicles and trucks and automakers are trimming their lineups of sedans and sports cars.
  • 01/16/2021

Honda: Solid Automotive Recovery Play

  • Honda: Solid Automotive Recovery Play
  • 01/14/2021

2020 US Auto Sales Slip to 1970s Level: ETFs, Stocks in Focus

  • The U.S. auto industry witnessed the worst plunge in 2020 not seen since the 1970s.
  • 01/12/2021

Having Already Dropped For Years, U.S. Auto Sales Plunged To 1970s' Level In 2020

  • During the infamous year 2020, with all its distortions and shifts, automakers delivered 14.46 million new vehicles in the US, retail and fleet combined, down 15.4% from 2019, the largest year-over-year percentage decline since 2008 (-18%). General Motors, the largest automaker in US sales, reported that its deliveries in the US in the year 2020 fell by 12% to 2.55 million units. It was the fifth year in a row of declines.
  • 01/08/2021

UK 2020 Auto Sales Derail on Coronavirus Mayhem, '21 Prospects Dim

  • While the U.K. car industry paralyzed in 2020 thanks to the coronavirus mayhem, clarity over its relationship with the EU is the only ray of hope for 2021.
  • 01/08/2021

ICE Manufacturers Offer Safest Entry Into The EV Market

  • There is way too much speculation and crazy P/E ratios being thrown around the EV market. Conservative investors need a place to start to join the euphoria. Growing revenue is easy for stand-alone EV makers but not so easy for ICE makers. The EV market is exploding but the overall auto market remains flat.
  • 01/08/2021

Where Is the Growth in 2021?

  • Many of the themes we were investing in 2020 continue into 2021, but there are new drivers for this year as well.
  • 01/04/2021

U.S. Auto Market 2020 Flashback and Looking Ahead to 2021

  • Read on to relive the major stories and trends of the U.S. auto sector in 2020 that managed to grab headlines.
  • 12/31/2020

5 High Earnings Yield Stocks to Make You Richer in 2021

  • With other things remaining constant, a stock with higher earnings yield has the potential of providing comparatively greater returns. Check out these five high earnings yield picks for a winning portfolio.
  • 12/30/2020

Honda to stop auto sales in Russia in 2022

  • The Russian subsidiary of Japan's Honda Motor Co said on Wednesday it would stop supplying new cars to official dealers in Russia in 2022.
  • 12/30/2020

5 Low Price-to-Book Value Stocks to Buy in the New Year

  • P/B ratio is emerging as a convenient tool to identify low-priced stocks that have high growth prospects.
  • 12/29/2020

5 Finest GARP Stocks Based on Discounted PEG

  • Here we discuss five GARP stocks, TAP, OMI, TD, MCK and HMC, which while trading cheap at this moment, are generating robust growth rates on strong fundamentals.
  • 12/24/2020

Does Honda Stock Have Upside As Automotive Market Recovers?

  • At the current price near $29 per share, we believe Honda Motors' stock has a moderate upside in the near term. HMC stock has remained flat at $29 since the start of the year compared to the S&P 500 which has increased by 13% in 2020.
  • 12/24/2020

Surprise! Bruins' David Pastrnak Donates His 2020 All-Star MVP Honda Vehicle To Boston ER Nurse

  • Star forward David Pastrnak of the Boston Bruins spearheaded a plan to donate his MVP prize from the 2020 NHL All-Star Game to a Boston frontline worker.
  • 12/23/2020

ETFs & Stocks to Bet on the EV Boom

  • With automation and technological breakthrough emerging rapidly, talks of a boom in the electric vehicle segments are in the cards. EV companies' shares have skyrocketed this year.
  • 12/23/2020

Are Investors Undervaluing Honda Motor (HMC) Right Now?

  • Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
  • 12/22/2020

5 Top-Ranked Auto Stocks Poised to Pop

  • The sector is looking good right now and here are 5 stocks that are also going cheap.
  • 12/21/2020

4 Companies Leading The Rise Of Lithium And Battery Technology

  • Electric vehicles are upending the status quo of internal combustion vehicles, just like ICE vehicles once displaced the horse-drawn carriage. While many people may be familiar with EV pioneer Tesla, there is an entire ecosystem of battery producers and lithium mining firms that are playing critical roles in this transformation.
  • 12/21/2020

9 Stocks to Buy With $5,000 in Starter Money

  • If you have a stack of Benjamins lying around and collecting dust, put them to good use with these stocks to buy with $5,000. The post 9 Stocks to Buy With $5,000 in Starter Money appeared first on InvestorPlace.
  • 12/17/2020

Make a Fortune in 2021 With These 7 Low Price-to-Sales Stocks

  • A stock's price-to-sales ratio reflects how much investors are paying for each dollar of revenues generated by a company.
  • 12/17/2020

Make Your Yuletide Splurge Profitable With These Auto Stocks

  • Large-cap auto companies including GM, CMI, LKQ and FCAU with strong balance sheet and upbeat prospects are worth placing your bets on for a rewarding portfolio.
  • 12/17/2020

5 Buy Ranked Growth Stocks at Attractive Valuations

  • The best investment policy is to pick stocks that have everything going for them.
  • 12/16/2020

Should Value Investors Pick Honda Motor (HMC) Stock Now?

  • Is Honda Motor (HMC) a great pick from the value investor's perspective right now? Read on to know more.
  • 12/16/2020

Honda recalling 1.4 million U.S. vehicles

  • Honda Motor Co said Tuesday it is recalling 1.4 million U.S. vehicles in four separate campaigns, including some linked to reported fires.
  • 12/15/2020

TM, HMC & Others to Watch as Japan Revs Up EV Goals

  • With its latest plan to eliminate gasoline-powered vehicles by 2035, Japan aims to match pace with the global trend of becoming 100% electric.
  • 12/15/2020

10 Undervalued Stocks to Buy That Are Preparing to Blast Off  

  • Some reasonably cheap stocks are growth stocks in disguise. If you're looking for undervalued stocks, these 10 are about to take off.
  • 12/14/2020

7 Electric Vehicle Stocks With Style And Substance

  • As the electric vehicle industry charges ahead, these EV stocks are likely to see significant growth in earnings and price. The post 7 Electric Vehicle Stocks With Style And Substance appeared first on InvestorPlace.
  • 12/11/2020

Honda warns UK output could be temporarily halted due to supply problems

  • Honda said on Tuesday potential parts shortages might result in the Japanese automaker needing to temporarily halt production at its British factory, where it builds the Civic car, due to transport-related delays.
  • 12/08/2020

Tesla isn't dominating the electric bike market, but here are the players that might

  • Tesla's Elon Musk was turned off motorcycles by a crash, but from icons like Harley Davidson to upstarts like Lime, electric bikes are becoming a big business.
  • 11/28/2020

UK Auto Industry at Crossroads, Awaits Brexit Deal Conclusion

  • The U.K. car industry can drive home the Brexit deal before the end of the year or face a manufacturing loss of 55 billion pounds in the next five years.
  • 11/27/2020

Honda just unveiled what the 2022 Civic will look like and it's a far cry from the previous generation

  • As other major automakers like Ford and GM abandon the sedan market to double down on crossovers, Honda is sticking to its guns. After all, it has sold more than 12 million Civics in the US since the car launched in the early 1970s, so why stop now? Honda took the wraps off of its new 2022 Civic prototype during a Tuesday evening Twitch stream that was hosted by esports personalities and, naturally, featured a lengthy "Fortnite" battle. And although it's safe to say that Honda is marketing the new Civic toward the millennial and Gen-Z crowd, the prototype's design shows a return to the traditional. 
  • 11/19/2020

Honda unveiled the vehicle on Twitch to attract younger buyers

  • Honda revealed a new version of its popular Civic compact car Tuesday night. Even as automakers, including Honda, unveil more crossover SUVs and some even drop sedan models altogether, the Civic remains crucial to Honda's success.
  • 11/17/2020

Honda ‘Traffic Jam Pilot' Offers Standby Self-Driving By March 2021

  • Honda will release "Traffic Jam Pilot" within months. That's full self-driving while in traffic jams, in a consumer car.
  • 11/11/2020

Honda to mass-produce Level 3 autonomous cars by March

  • Honda claims it will be the first automaker to mass-produce vehicles with autonomous capabilities that meet SAE Level 3 standards, with plans to begin producing and selling a version of its Honda Legend luxury sedan with fully approved automated driving equipment in Japan from next March. Honda announced the news via press release (via Reuters) […]
  • 11/11/2020

Honda, First To Mass Produce Level 3 Self-Driving Cars: Reuters

  • The Japanese government awarded Honda Motor Co Ltd (NYSE: HMC) a safety certification to the automaker's “Traffic Jam Pilot” self-driving technology, Reuters reports. What Happened: Honda plans to launch its luxury sedan (Honda Legend) sales with the newly approved autonomous driving technology by the end of March 2021.
  • 11/11/2020

Honda gears up to mass-produce level 3 autonomous cars by March 2021

  • Honda said that it will be the world's first automaker to mass produce sensor-packed level 3 autonomous cars.
  • 11/11/2020

Honda says will be first to mass produce level 3 autonomous cars

  • Japan's Honda Motor Co on Wednesday said it will be the world's first automaker to mass produce level 3 autonomous cars that will allow drivers to let their vehicles navigate congested expressway traffic.
  • 11/11/2020

Car stocks roundup: Strong China demand fuels Q3 recovery

  • Strong demand for new vehicles in China has facilitated a faster-than-expected recovery in the car market. Nearly all major carmakers topped analysts' expectations for the third quarter to facilitate a great buying interest.
  • 11/08/2020

Honda says its earnings jumped 28% in the fiscal second quarter

  • Honda Motor Co. (TYO: 7267) said on Friday that its earnings jumped 28% in the fiscal second quarter as sales recovered quickly in China after months of halt due to the Coronavirus pandemic. The company also raised its guidance for annual operating profit by over 100%.
  • 11/07/2020

Honda Motor Co., Ltd. (HMC) Management on Q3 2020 Results - Earnings Call Transcript

  • Honda Motor Co., Ltd. (HMC) Management on Q3 2020 Results - Earnings Call Transcript
  • 11/06/2020

Honda Motor Co. (HMC) raises its financial outlook for the full year, shares up

  • Operating earnings for North America climbed to 197.20 billion yen in the quarter, significantly higher than 197.20 billion yen in the year-ago quarter.
  • 11/06/2020

Honda doubles profit forecast, boosted by China rebound

  • Honda Motor Co on Friday more than doubled its full-year operating profit forecast as it reported second-quarter earnings grew 28% amid a rebound in China after auto sales were squeezed by the impact of the coronavirus pandemic.
  • 11/06/2020

Honda, Fiat Pool To Pay Tesla For European CO2 Compliance: Report

  • Vehicle manufacturers face strict carbon emissions rules in Europe. Companies must produce a certain amount of zero emission vehicles to offset the CO2 emissions of the company's gas fleet — or pay a hefty fine.
  • 11/02/2020

Honda Motor: Pivoting To The EV Market

  • Honda is slowly establishing a stronger presence in the EV market, as it plans to become a manufacturer of environmentally friendly cars. While the pandemic hurt the company's profitability in Q1, there's an indication that Honda's business is recovering.
  • 10/27/2020

General Motors Creates Ties With 2 Partners, Raising Questions About How It Will Execute

  • Partnership with Honda in North America suggests that GM will give up car engineering and development in return for its pickup truck engineering to improve Honda’s penetration of that.
  • 09/14/2020

Yes, The Crash Is Coming

  • Ah, Where to begin? Is it Tesla's $450 billion valuation and its pre-split adjusted price of around $2,500? How about the fact that Apple is now worth more than the entire FTSE 100? Retail investors going wild on Robinhood and other trading apps is certainly a troubling sign.
  • 09/02/2020

EV Company News For The Month Of August 2020

  • Global electric car sales for July 2020 were up 76% YoY (4th best result ever). Europe EV sales all time record high, 213% higher (fastest growth rate in 5 years).
  • 09/01/2020

Wall Street Breakfast: The Week Ahead

  • Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify.
  • 08/30/2020

Stocks To Watch: Nvidia, Intel And Zoom Look To Dazzle

  • Welcome to Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the next week. Follow this account and turn the e-mail alert on to receive this article in your inbox every Saturday morning.
  • 08/29/2020

Tesla: The Most Dangerous Stock For Fiduciaries

  • TSLA's performance, including the recent stock split-driven price spike, makes the stock more attractive to many momentum/technical traders.
  • 08/24/2020

Auto Biggies Sidestep Trump, Seal Emissions Deal With CARB

  • The voluntary pact among five major automakers and CARB is made enforceable. Per the deal, the firms are set to comply with tough emission rules, outstripping Trump's weaker curbs on tailpipe pollution.
  • 08/18/2020

Defying Trump, California locks in vehicle emission deals with major automakers

  • The California Air Resources Board (CARB) and major automakers on Monday confirmed they had finalized binding agreements to cut vehicle emissions in the state, defying the Trump administration's push for weaker curbs on tailpipe pollution. The agreements with carmakers including Ford Motor Co, Volkswagen AG, Honda Motor Co and BMW AG , were first announced in July 2019 as voluntary measures prompting anger from U.S. President Donald Trump. The Trump administration in March finalized a rollback of U.S. vehicle emissions standards to require 1.5% annual increases in efficiency through 2026.
  • 08/17/2020

Japanese stocks slip as economy shrinks at record rate on pandemic hit

  • Japanese stocks fell on Monday by the most in over two weeks after data showed the country's economy shrank at a record pace in the second quarter as the COVID-19 pandemic crimped consumer spending. Markets did not react to a domestic media report that Prime Minister Shinzo Abe has entered hospital for an examination. The broader Topix was down 0.84%.
  • 08/17/2020

Japanese shares fall as economy shrinks at record rate on pandemic woes

  • Japanese stocks fell on Monday by the most in two weeks after data showed the country's economy shrank at a record pace in the second quarter as the coronavirus pandemic crimped consumer spending. The equity market did not react to a domestic media report that Prime Minister Shinzo Abe has entered hospital for an examination. The broader Topix was down 0.4%.
  • 08/17/2020

China's CATL is developing new EV battery with no nickel, cobalt, exec says

  • China's Contemporary Amperex Technology Co Ltd (CATL), a Tesla supplier, is developing a new type of electric vehicle (EV) battery that contains no nickel or cobalt, a company executive said on Saturday. Nickel and cobalt are key ingredients in the batteries that power EVs. Battery makers from Japan's Panasonic Corp to South Korea's LG Chem are lowering the use of expensive cobalt in their nickel-cobalt-aluminium (NCA) batteries or nickel-cobalt-manganese (NCM) batteries.
  • 08/15/2020

AI Unicorn SenseTime Is Said to Mull Hong Kong, China IPO

  • (Bloomberg) -- SenseTime Group Ltd., China’s largest artificial intelligence company, is exploring a dual listing in Hong Kong and China as it closes in on $1.5 billion of pre-IPO financing, according to people familiar with the matter.The SoftBank Group Corp.-backed company is seeking a pre-funding valuation of about $8.5 billion before kicking off an initial public offering, the people said, requesting not to be named because the matter is private. Sensetime is leaning toward a dual listing in Hong Kong and China though it hasn’t finalized a timeline, the people said. Its IPO plans are preliminary and subject to change, they added.The startup is kickstarting plans for an IPO that had been waylaid by pandemic-induced market volatility as well as a U.S. blacklisting that threatens to curtail its access to vital American technology. It’s now considering tapping markets in Hong Kong and mainland China simultaneously, betting on a recent resurgence of investor interest in new listings.SenseTime is at the vanguard of a rising crop of Chinese players that have benefited from the country’s rapid adoption of facial recognition technology and AI across a plethora of sectors. The company is working with 127 cities across its home country to use cameras to analyze everything from traffic to residential complex security.A representative for SenseTime declined to comment.SenseTime became the world’s most valuable AI startup after it raised about $2.5 billion in 2018. It was valued at more than $7.5 billion, drawing investors including SoftBank and Singapore’s Temasek Holdings Pte., people familiar with the deal said at the time. Its revenue grew 147% to 5 billion yuan ($720 million) in 2019, the company said.The firm, which competes with Alibaba Group Holding Ltd.-backed Megvii Technology, specializes in systems that analyze faces and images on an enormous scale and works with policing bodies, retailers and health-care researchers across China and internationally. The startup has said it experienced exponential growth in past years as it expanded into more industries, from cameras in retailer Suning.com Co.’s stores to driverless cars for Honda Motor Co.(Updates with SenseTime revenue figure in sixth paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
  • 08/14/2020

China's CATL aims to make EVs drive further with new tech

  • WUHAN, China/SHANGHAI, Aug 12 (Reuters) - China's CATL , a Tesla supplier, said on Wednesday it is working on a new technology that will allow battery cells to be integrated with an electric car's chassis, shedding traditional casings that make battery systems bulky. With the new technology, EVs could have a driving range of over 800 kms (500 miles), CATL Chairman Zeng Yuqun said at an industry conference in Wuhan on Wednesday. Zeng did not say whether CATL was already working with any automaker to implement this new design.
  • 08/12/2020

Hyundai, Aptiv name self-driving joint venture Motional

  • South Korean automaker Hyundai Motor Co and auto supplier Aptiv PLC have named their self-driving joint venture Motional, the companies said Tuesday. Formed a year ago, the $4-billion venture is developing a fully automated system that it hopes to begin selling in 2022 to robotaxi companies and fleet operators, Chief Executive Karl Iagnemma said in an interview. Boston-based Motional, which expects to have more than 1,000 employees by year-end, has locations in Pittsburgh, Las Vegas, Santa Monica, Singapore and now Seoul.
  • 08/11/2020

Japan stocks rise most in a week as U.S. stimulus bets gather steam

  • Japanese shares on Tuesday gained the most in a week on hopes of additional U.S. fiscal stimulus to bolster the world's largest economy, as major countries struggle to break free from the impact of the coronavirus crisis. The Nikkei 225 Index ended up 1.88% at 22,750.24, the biggest daily gain since Aug. 3. The broader Topix index rose 2.54%.
  • 08/11/2020

Japan shares rise as investors bet on fresh U.S. economic stimulus

  • Japanese shares on Tuesday rose by the most in a week on hopes for additional U.S. fiscal stimulus to bolster the world's largest economy as major countries struggle to break free from the coronavirus epidemic. The Nikkei 225 Index was up 1.59% at 22,686.10 by 0200 GMT with industrial and healthcare shares leading the gains. U.S. congressional leaders and officials in President Donald Trump's administration said on Monday they were ready to resume negotiations on a coronavirus aid deal.
  • 08/11/2020

Auto Stock Roundup: BWA, HMC & Others Report Quarterly Loss Amid Coronavirus Woes

  • The pandemic-induced low demand and sales hurt the profits of many auto firms. Nonetheless, most firms have still managed to report better-than-expected results.
  • 08/10/2020

Nio Stock Is Pricey, But the Company’s Growth Outlook Is Enticing

  • There seems to be no stopping Nio (NYSE:NIO) stock at the moment. The shares of the electric-vehicle EV maker have increased 230% in 2020. Many are wondering if it can climb further, as the shares trade at an expensive trailing price-sales ratio of 13.Source: Sundry Photography / Shutterstock.com There is no doubt that the stock is an exciting growth play that should be included in every portfolio. Although Tesla (NASDAQ:TSLA) is the top electric-vehicle maker, its position in China is not ironclad. As history shows, the Chinese have a preference for local manufacturers. A strong nationalistic streak will help Nio as it looks to gain a more significant foothold in its country of origin.Nio appears to be doing just that. The Chinese automobile manufacturer reported 3,533 vehicle deliveries in July, representing year-over-year growth of 322.1%. But there are other issues that the company has to deal with, such as its need for cash and its negative margins.InvestorPlace - Stock Market News, Stock Advice & Trading TipsOverall, I would wait for a more attractive opportunity to invest in NIO stock. Although the EV maker's long-term growth outlook remains intact, it's trading at high multiples at the moment. Nio Has an Advantage in ChinaIt may come as a surprise to many, but Apple's (NASDAQ:AAPL) iPhone is not the top smartphone brand in the largest country in the word. Instead, local brands such as Huawei, Vivo, and Oppo dominate. That shows how much the Chinese value local brands.China now accounts for roughly one-quarter of Tesla's revenue. But its good times there may last for only so long, as Nio continues to make inroads in the Chinese market. If deliveries in 2020 are anything to go by, Nio is headed for a strong year, despite the novel coronavirus pandemic. * 7 Travel Stocks to Buy Banking On Pent-Up Demand The Chinese government, the world's largest importer of crude oil, also wants to focus on the environment and move to cleaner energy sources. China has already announced it will continue providing subsidies for new-energy vehicles, since it wants these automobiles to account for one-fifth of its auto sales by 2025. The extension of the subsidies is favorable for Nio. The Risks Facing NIO StockNio's Chinese background may be a sticking point for some investors. The regulatory environment in the U.S. is far more robust than that of China. The recent fraud case involving Luckin Coffee (OTCMKTS:LKNCY) shows that lax regulations can cost investors severely.Tesla, Nio's main competition, also seems to have a better brand than Nio globally. That may be due to Elon Musk and his charismatic personality or it could be because Tesla generally has a better marketing strategy. But the bottom line is that Tesla has a more well-known brand than its competitors.Over time, that could change. But in order to boost its brand image, Nio will have to greatly increase its marketing budget at a time when the company's capital expenditures are high. The Valuation of NIO StockThe big debate in the sector is whether to invest in TSLA stock or NIO stock. Both stocks seem expensive, but Tesla is on another level altogether. Valued at over $300 billion, the company's market cap stands over and above the market caps of Toyota (NYSE:TM) and Honda (NYSE:HMC), which are among the biggest names in the automobile sector.I believe TSLA stock is highly overvalued, while NIO stock has a lot of optimism baked into it. Granted, much of that excitement makes sense, but it is still an expensive stock. The Bottom LineNIO stock is on a bull run, and it's legitimate to question whether it can climb further. I believe Nio is a growth stock, and it has several favorable catalysts that will push the share price up further. Nio is a good long-term investment.However, I think that it would be better to wait for a more attractive entry point before buying the shares.Faizan Farooque is a contributing author for InvestorPlace.com and numerous other financial sites. Faizan has several years of experience in analyzing the stock market and was a former data journalist at S&P Global Market Intelligence. His passion is to help the average investor make more informed decisions regarding their portfolio. Faizan does not directly own the securities mentioned above.   More From InvestorPlace * Why Everyone Is Investing in 5G All WRONG * America's 1 Stock Picker Reveals His Next 1,000% Winner * Revolutionary Tech Behind 5G Rollout Is Being Pioneered By This 1 Company * Radical New Battery Could Dismantle Oil Markets The post Nio Stock Is Pricey, But the Company's Growth Outlook Is Enticing appeared first on InvestorPlace.
  • 08/07/2020

Electrameccanica Vehicles Is a Silly, Pointless Gimmick

  • Over the years, I have consistently pounded the table on groundbreaking technology firms. Collectively, we're entering a period where multiple innovations are converging at once, sparking what I term the "Roaring 2020s." Certainly, electric vehicles represent a vital cog in this gear. However, this does not include bizarre gimmicks like Electrameccanica Vehicles (NASDAQ:SOLO). Thus, I have a simple piece of advice: avoid SOLO stock.Source: Alexandru Nika / Shutterstock.com Of course, I'm not naive to what's going on in our new normal. With many people still sheltering in place, they've got nothing but time on their hands. To get some excitement in their lives, several rookie investors have poured into speculative ventures like Chesapeake Energy (OTCMKTS:CHKAQ) or JCPenney (OTCMKTS:JCPNQ). Given this context, I understand why SOLO stock has attracted eyeballs.To give credit where it's due, Electrameccanica also has an intriguing story. Basically, the company is trying to solve the "last mile" problem for commuters. Most of us use our personal vehicle to drive to work. When we do, we usually drive alone.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut our cars don't care whether we're using them efficiently or not. Thus, when we hit the road, we're always carrying the weight of unused space. Electrameccanica's flagship Solo EV supposedly presents the perfect solution: why not get rid of that space when we commute?In a way, Electrameccanica answers the same question posed to Uber (NYSE:UBER) but in reverse. With an ultra-compact, three-wheeled design, the Solo is a purpose-built EV for maximum commuting efficiency. Under this narrow definition, the platform is a cost-saving, environmentally friendly one, which also explains the bullishness for SOLO stock. * 7 Travel Stocks to Buy Banking On Pent-Up Demand But when you look under the hood, you'll realize that not all is well. SOLO Stock Is Tied to a Solution No One Asked forAlthough the idea of enhancing efficiency is a noble one, the execution is flawed. To be honest, I'm not sure if a market exists for Electrameccanica nor will it ever materialize.As a three-wheeled EV, the platform has the worst of both worlds. Technically, the Solo is a motorcycle but lacks the convenience of one. Because the front of the car has two wheels, it's too wide to sneak through tight spots. As well, it doesn't have the basic functions of a normal car; for example, extra passenger capacity and practical cargo space.Worryingly for SOLO stock, the underlying EV is an "inbetweener" that has partial elements of positive attributes of motorcycles and passenger cars but never satisfyingly fulfilling them. For instance, the Solo is easier to parallel park in spots which would be impossible for a normal-sized car. But how many times do you find yourself in this situation? Likely, you're not going to pay $18,500 for the privilege.Which brings me to another point of why I'm bearish on SOLO stock: who the heck thought it was a good idea to price this EV at over 18 grand? Just pay a little bit more and you're in good shape to buy a new, subcompact car from Toyota (NYSE:TM) or Honda (NYSE:HMC).Admittedly, you're not getting an EV at this price point. However, with the new normal, people just aren't driving that much. As well, combustion-engine vehicles have become very efficient. When the average commute for Americans is only 16 miles one way, the additional burden of buying a new car exclusively for commuting is a bit much.With a normal car, you open its utility to other endeavors, rendering Electrameccanica and by deduction SOLO stock a gimmick. Who Is the Solo's Target Demographic?Speaking of utility, investors should ask who the Solo's target demographic is. With the design and the lack of oomph, it's safe to say that Electrameccanica didn't have men in mind as its core customers.But then, this brings up a dilemma. According to Brad Smith, director of market statistics for Experian, "Women gravitate toward utilitarian-type vehicles." Female drivers have jumped on crossovers and compact SUVs.On the other hand, men prefer flash and dash. Thus, you see performance-centric cars dominate male drivers' wish lists.This again brings up the core problem that will plague SOLO stock. At best, Electrameccanica is delivering half-baked solutions. The Solo is neither fast, nor arguably sexy. It definitely isn't practical. And that's why I say there's no market for this EV.Who'd want to buy it?Matthew McCall left Wall Street to actually help investors -- by getting them into the world's biggest, most revolutionary trends BEFORE anyone else. Click here to see what Matt has up his sleeve now. As of this writing, Matt did not hold a position in any of the aforementioned securities. More From InvestorPlace * Why Everyone Is Investing in 5G All WRONG * America's 1 Stock Picker Reveals His Next 1,000% Winner * Revolutionary Tech Behind 5G Rollout Is Being Pioneered By This 1 Company * Radical New Battery Could Dismantle Oil Markets The post Electrameccanica Vehicles Is a Silly, Pointless Gimmick appeared first on InvestorPlace.
  • 08/07/2020

Mazda's July 2020 sales increase by 3.4% from a year ago

  • Masahiro Moro, Mazda chairman and CEO of Mazda's North American Operations, joins Yahoo Finance’s The First Trade with Alexis Christoforous and Brian Sozzi to discuss the company’s recent car sales, future outlook, centennial anniversary and much more
  • 08/06/2020

Honda (HMC) Q1 Loss Narrower Than Expected, Sales Lag Estimates

  • For fiscal 2021, Honda (HMC) expects sales and operating profit of 12.8 trillion Yen and 200 billion Yen, respectively.
  • 08/06/2020

Japan stocks fall on grim earnings season; Toyota bucks trend

  • Japanese shares fell on Thursday as investors stayed away from risky bets amid a largely downbeat earnings season, though Toyota rose after unexpectedly avoiding a loss last quarter. The Nikkei index ended down 0.43% at 22,418.15, with technology and consumer staples companies falling the most. The broader Topix fell 0.31% to 1,549.88.
  • 08/06/2020

Japan stocks drift lower ahead of Toyota earnings

  • Japanese shares edged lower in choppy trade on Thursday, weighed down by concerns about corporate profits ahead of Toyota Motor Corp's earnings announcement later in the day. The Nikkei index ticked down 0.47% to 22,408.67 by 0213 GMT, with consumer staples and technology companies falling the most. The broader Topix fell 0.39% to 1,548.53.
  • 08/06/2020

Honda Motor Co., Ltd. (HMC:NYSE) announced its Consolidated Financial Summary for the Fiscal 1st Quarter Ended June 30, 2020 and Forecasts for the Fiscal Year Ending March 31, 2021

  • During the fiscal first quarter, business stagnated and demand declined significantly on a global basis due to the COVID-19. Production and sales activities of all Honda operations were impacted, as a result, sales and profit for the fiscal first quarter experienced a year-on-year decrease.
  • 08/05/2020

Honda sees 68% drop in annual profit as coronavirus slams car sales

  • Japan's Honda Motor Co <7267.T> on Wednesday forecast a 68% decrease in annual operating profit to a 10-year low with global demand for cars expected to slide because of the coronavirus pandemic. Honda is bracing for a 6% decrease in annual vehicle sales after a 40% plunge in the June quarter, which resulted in a 113.7 billion yen operating loss. Global automakers are taking a big hit from the coronavirus outbreak, which shuttered vehicle factories this year and has kept customers out of car dealerships.
  • 08/05/2020

GM Halts Facebook Ads in Push to Prod Action on Hate Content

  • (Bloomberg) -- General Motors Co. is unhappy with Facebook Inc.’s efforts to keep hateful and disparaging content away from the automaker’s brands and has joined peer Ford Motor Co. and other companies that have stopped advertising with the social-media company.GM said Friday it has paused placing ads on Facebook in recent weeks and is in talks with the company about improving efforts to eliminate harmful content on its popular platform.GM’s move is a sign that the pressure on Facebook will continue in August and potentially longer. Ford and Honda Motor Co.’s U.S. subsidiary also said Friday they have no plans to resume spending on Facebook. On Thursday, Unilever NV-owned ice-cream brand Ben & Jerry’s extended through the end of the year its halt of paid social-media advertising.“We are not satisfied with the progress Facebook has taken to date and therefore have paused our media investment with the platform,” GM said in a statement. “We are encouraging them to move faster to implement meaningful change so that we can quickly return to a safer digital space that mirrors our brand values.”Ford Reloads YouTubeFord said it is evaluating efforts to curb hate speech on social media operated by Facebook and its unit Instagram Inc., as well as by Snap Inc., Twitter Inc. and TikTok Inc. platforms. However the automaker announced it will resume ads on Alphabet Inc. unit YouTube and Pinterest Inc. after a 30-day pause.“This is an ongoing evaluation and we will continue to monitor all platforms with checkpoints on progress towards our ad accountability agenda,” Ford spokesman Said Deep said in an email. “We will continue to be actively engaged with industry initiatives led by the Association of National Advertisers to drive more accountability, transparency and trusted measurement to clean up the digital and social-media ecosystem.”A month ago, when the StopHateForProfit campaign started, many big corporations said they would stop advertising for the month of July. At that time, GM said it was reviewing its marketing.The automaker qualified its Friday announcement by saying it already had cut its advertising during the pandemic, reflecting lower production and less traffic in showrooms. Its budget for Facebook advertising did not involve a large sum of money, said GM spokesman Jim Cain.(Updates with Ford and Honda keeping ads off Facebook in third paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
  • 07/31/2020

Nikkei hits 1-1/2 week low on Sino-U.S. tensions, firmer yen

  • 07/27/2020

Honda Canada Finance Inc. -- Moody's announces completion of a periodic review of ratings of American Honda Finance Corporation

  • Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of American Honda Finance Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. Since 1 January 2019, Moody's practice has been to issue a press release following each periodic review to announce its completion.
  • 07/20/2020

9 Cyclical Stocks Whose Time Is Coming Around

  • Under the traditional or commonplace definition, cyclical stocks are investments that are largely impacted by macroeconomic events. In a bull market, for instance, you'll see Wall Street top dogs transition into cyclical sectors to advantage growth opportunities. Of course, with the incredibly disruptive novel coronavirus, all bets are off the table.Or are they? To be sure, conservative investors will want to give their portfolio a healthy dose of secular names, or assets that perform reliably well irrespective of market conditions. And some of these investments, such as food-related securities, are acting very much like cyclical stocks due to their newfound relevance and momentum.However, for those that can stomach a little risk, genuine cyclical stocks have an opportunity for potentially massive upside. Unlike other recessionary periods, the new normal was arguably not caused by an economic vulnerability. Prior to the pandemic, one of our fiscal headwinds was the U.S.-China trade war. Still, both sides were making headway until disaster struck.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThus, it's not unreasonable to assume that some cyclical stocks will bounce back once the coronavirus fades away or until we have a vaccine. Once we get back to normal - as in, a real normal - these companies could enjoy a so-called V-shaped recovery: * Microsoft (NASDAQ:MSFT) * FireEye (NASDAQ:FEYE) * Blink Charging (NASDAQ:BLNK) * Honda (NYSE:HMC) * Albemarle Corporation (NYSE:ALB) * Newmont Corporation (NYSE:NEM) * Smith & Wesson Brands (NASDAQ:SWBI) * Sportsman's Warehouse (NASDAQ:SPWH) * Canopy Growth (NYSE:CGC) * 15 Growth Stocks That Are Being Propped Up By Low Rates Finally, keep in mind that the Covid-19 outbreak has not dampened our innovative or resourceful spirit. In some ways, the coronavirus has shifted our priorities. And these nine cyclical stocks to buy stand to benefit from this unprecedented transition. Microsoft (MSFT)Source: NYCStock / Shutterstock.com Shortly after the pandemic disrupted most Americans' ability to make a living, the rise of a new set of cyclical stocks - the work-from-home sector - captured everyone's attention. Logically, you can benefit from this phenomenon through trending names like Slack Technologies (NYSE:WORK), Dropbox (NASDAQ:DBX), and of course Zoom Video Communications (NASDAQ:ZM). But I'm going to start off with a classic: Microsoft.While the other names I mentioned provide specialized solutions, in this crisis, it doesn't hurt to have a jack-of-all-trades. But don't say that Microsoft isn't a master of none because that's far from the truth. As a freelancer myself, I have always found the company's products to be lifesavers. Yes, other competing platforms exist, but they don't have the same cachet. Therefore, I love the long-term potential of MSFT stock.And it's not just my words. Microsoft saw its earnings jump in the first quarter of this year thanks to robust cloud-computing demand during the pandemic. With the coronavirus again rearing its ugly head - aided perhaps by stupid people in this country - MSFT stock might enjoy its own resurgence. FireEye (FEYE) Click to EnlargeSource: Michael Vi / Shutterstock.com While employees are probably loving the transition to remote work, management may soon have a different take. No, I'm not talking about suspicions that your supervisor may have about you actually working from home. Rather, the shift to telecommuting opens a new battleground for cybercriminals. Because of this rather fortuitous event for cybersecurity firms, this may finally be the moment for FireEye.Don't get me wrong: if you're looking for cyclical stocks in this space, you're better off with stable competitors like Palo Alto Networks (NYSE:PANW) or Check Point Software Technologies (NASDAQ:CHKP). However, FEYE stock is rather attractive because of its low price and favorable fundamentals. Frankly, there's never been a more crucial time for enterprises to protect their digital ecosystem. Thus, FireEye may benefit from a rising tide. * 10 Work-From-Home Stocks That Are Beating the Pandemic Also, Morgan Stanley raised its price target for FEYE stock to $13 from $12. Although I don't recommend blindly following analysts' forecasts, they may have a point here. Plus, this is the best chance that FEYE has ever had for upside. Blink Charging (BLNK)Source: David Tonelson/Shutterstock.com Earlier this year, Blink Charging shares were barely above penny stock status. Admittedly, it got very scary following the initial attack from the coronavirus.Since the March doldrums, though, BLNK stock has blossomed into one of the most compelling cyclical stocks to buy. What's more remarkable is that in the past five years, shares were all over the map. Back then, electric vehicles represented only a small portion of automobile sales. And to be clear, that hasn't changed much. What has changed is the attitude.You see, the oil price falling below zero wasn't just an unprecedented, though thankfully temporary calamity. It also was emblematic of a decided consumer shift toward cleaner fuel vehicles. Therefore, the much-discussed hype about a massive transition to electric now has credibility.But what has practically prevented mainstreaming of EVs is infrastructure. After all, not every driver has access to a garage. That's where Blink Charging comes into play with its network of charging stations. Thanks to the aforementioned consumer shift, BLNK stock should be a long-term winner. Honda (HMC)Source: Jonathan Weiss / Shutterstock.com If you're looking to invest in the EV space, you should primarily focus on Tesla (NASDAQ:TSLA). Even if you don't like the nominal price tag of TSLA, you could always opt for fractional ownership via platforms like Robinhood. That's probably why gravity seemingly has no effect on Tesla.Still, there's something to be said about going for the obvious pick. If you want to enjoy the advantages of cyclical stocks in the EV market but want something with perhaps higher profitability potential, you might want to check out Honda.As EVs become mainstream, I believe that consumers will expect more from their automotive brands. Though Tesla has a tremendous lead in the space, they don't stack up too well in terms of reliability. Also, many Tesla owners in the past have been frustrated with the company's slow repair times. These misfires could provide an underappreciated opportunity for HMC stock as Honda prepares to go EV only from 2025.As everyone knows, Honda has built a longstanding reputation for reliability. It's not that much of a stretch to assume it will apply the same principle to EVs. Also, Honda's extensive dealership networks could provide far superior service for customers. * 8 Presidential Election Stocks to Buy in Case Trump Wins Again Of course, this is a riskier contrarian play. But if you prefer unconventional thinking, HMC stock could be your ticket to success. Albemarle Corporation (ALB)Source: IgorGolovniov/Shutterstock.com Out of all the high-probability cyclical stocks available, those levered to the EV market could witness the biggest gains. From true energy independence to environmental concerns, electric power hits the right notes for the emerging generation. However, picking individual EV players is fraught with risk. To mitigate the dangers to your portfolio, you may want to consider Albemarle Corporation.An industry leader in lithium and lithium derivatives, Albemarle essentially acts as an umbrella investment. At a certain point, you'd expect auto rivals to challenge Tesla's throne. Though Tesla enjoys brand dominance, it can't possibly sell to every American driver. For instance, the company is leaving open the economy car segment, which should see intense competition. And that just translates to higher demand for lithium, boosting ALB stock.Theoretically, EVs are easier to make, which is another reason why automakers are rushing into the arena. Just the presence of mass (and viable) competition could shake things up at Tesla. But for ALB stock, more competition will bring in more consistent revenues. Newmont Corporation (NEM)Source: Piotr Swat/Shutterstock To be perfectly honest, cyclical stocks related to the gold industry have relied on an old but dangerous adage: "this time, it's different." Unfortunately, every time someone uttered this phrase following gold's record-breaking move last decade, enthusiasm quickly met with disappointment. Nevertheless, I'm bullish on Newmont Corporation.First, this time, it really is different. Though we've suffered pandemics in our past, we've never encountered one that forced state governments to shut their economies. Typically, gold rises on fear and uncertainty, and there's plenty of that going around. Thus, with higher demand for the underlying commodity, NEM stock is finally enjoying a credible fundamental tailwind.Second, the resurgent coronavirus is almost screaming the case for gold-related investments. Obviously, another round of state shutdowns will cause much calamity. With federal relief funds to support the unemployed about to expire soon, NEM stock could jump on the fear trade. * The 7 Best Stocks to Invest in Right Now But the biggest catalyst could be the Federal Reserve. Given that no playbook exists for responding to this crisis, the central bank will probably adopt an inflationary policy. This could be the spark that sends gold prices to absolutely ridiculous levels. Smith & Wesson Brands (SWBI)Source: Supakorn Pe / Shutterstock.com Not all rises in cyclical stocks are due to uplifting reasons. Case in point is the unbelievable growth in Smith & Wesson Brands. Ironically, SWBI stock didn't do all that well under the Trump administration. First, the fear of Democrats taking away people's firearms just didn't exist.
  • 07/17/2020

Ferrari NV: It's Time To RACE

  • We recently analyzed a distressed investment opportunity associated with a famous British marquee and certain MI6 spy.
  • 07/15/2020

A Lot Of Change At Volkswagen

  • Senior positions at Volkswagen and subsidiaries rearranged abruptly with high level executives and board members leaving.
  • 07/15/2020

The Math Behind Tesla's 2041 Breakeven Projection

  • The recent five-fold rise in Tesla's enterprise value is unaccompanied by any significant upward revision in revenue or earnings estimates out to 2025.
  • 07/14/2020

Fiat Chrysler: Significant Potential And Challenges Ahead

  • While performing in-depth due diligence for our pending Ferrari article, we dedicated time and energy to better understand its old parent company: Fiat Chrysler.
  • 07/14/2020

Impact of Facebook ad boycott on revenue

  • As Facebook continues to face pressure as the ad boycott continues, investors are unsure how the boycott will impact earnings. The Final Round panel breaks down the details.
  • 07/13/2020

Nikkei marks 1-month closing high on virus drug hopes, autos gain

  • Japan's Nikkei share average rose to a one-month closing high on Monday, tracking a rally on Wall Street as a positive analysis on a potential COVID-19 drug offset investor fears over surging virus cases. The benchmark Nikkei share average settled 2.22% higher at 22,784.74, its highest close since June 10, also helped by gains in auto stocks on upbeat industry data from China. U.S. stocks gained on Friday as Gilead Sciences Inc's antiviral remdesivir showed reduced risk of death in severely ill COVID-19 patients, but the company cautioned rigorous clinical trials were needed to confirm the benefit.
  • 07/13/2020

Nikkei rises on virus drug hopes, auto stocks surge

  • 07/13/2020

Recent Boycotts Could Make Facebook Stock a Good Opportunity

  • Facebook (NASDAQ:FB) is one of the most resilient stocks out there right now. Despite the novel coronavirus and a series of boycotts by large advertisers, FB stock continues to chug higher.Source: Chinnapong / Shutterstock.com After a quick dip on the boycott news, shares hover just under all-time highs. A slight push higher could set this name up for another breakout.We already know Facebook dominates the social media space, with its legacy platform -- Facebook -- and with Instagram. Investors also know about the company's stellar balance sheet.InvestorPlace - Stock Market News, Stock Advice & Trading TipsOverall, its financials are able to bail Facebook out. It has fat margins and huge cash flows, while its powerful balance sheet buys the company certainty amid uncertain times. But there is still risk. Boycotts Present a Problem for FB StockWhen the coronavirus hit, Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), Facebook and others were hit hard. That was on fear that the digital ad market would dry up, and to an extent, it did.Businesses pulled in the reigns on spending, hacking down marketing budgets and hitting pause until there was more clarity. Many will admit it was a tough period filled with question marks. To a large extent, the current environment still isn't a cake walk.However, when we heard from both management teams at Alphabet and Facebook, there was encouragement. While they remained cautious, they believed that ad spending had hit a trough, as spending started to come back to the platforms. Assuming that remains the case -- because the economy is moving forward and reopening has been underway for a while now -- then the ad dollars should still be flowing back to these mega platforms. * The 7 Best Stocks to Invest in Right Now Many saw this coming and it was well telegraphed by the companies. What many didn't see coming was the boycotts.When one's customers start boycotting one's platform due to the social climate of the country, that's not good. A business does not want a protest of its own products.While CEO Mark Zuckerberg expects the advertisers back "soon enough," I'm not so sure. Recent channel checks suggest the boycott could last through the election, not just through the month of July.The company's recent civil rights audit isn't helping matters, either.In all, the boycott totals almost 1,000 advertisers and includes big names like Honda (NYSE:HMC), Verizon (NYSE:VZ), Sony (NYSE:SNE), Microsoft (NASDAQ:MSFT), Starbucks (NASDAQ:SBUX) and others. Some, like Coca-Cola (NYSE:KO), are hitting pause across the board when it comes to social media. Picking Up the PiecesWill the boycotts ruin Facebook? Of course not. The company has an iron grip on the digital ad world and on the social media platforms. Given the economic climate, it may even be in the boycotting companies' best interests to pare back on marketing expenses in the first place.That said, after suffering a big drop at the end of Q1 and beginning of Q2 due to the coronavirus, absorbing another impact to revenue due to a boycott isn't good news in the short term.It may at least have investors thinking twice before buying FB stock up at all-time highs. It could, however, give investors a nice buying opportunity down the road.Keep in mind the company is still forecast to grow sales almost 10% this year, along with 12.5% earnings growth. In 2021, those estimates are forecast to accelerate, up to 25% and 34%, respectively.As of the most recent quarter, Facebook has no long-term debt and just over $60 billion in cash and short-term investors. However, the latter will take a small hit, as it invests more than $5 billion in Reliance Jio Platforms and agreed to a $5 billion settlement with the Federal Trade Commission.In other words, despite the ad-spending slowdown and the boycott, Facebook still holds an enviable financial position and is still expected to grow sales and profit this year. Bottom Line on Facebook Click to EnlargeSource: Chart courtesy of StockCharts.comAs always, I continue to like Facebook for its presence on the web and in our daily lives. However, there is risk with rising coronavirus cases in the U.S. and as corporations boycott the company.Should we get a dip, investors may look for a drop toward $200 and the 200-day moving average as a buying opportunity. Above the current all-time high at $247.65 and FB stock may run to the 138.2% extension, up near $257.50.Matthew McCall left Wall Street to actually help investors -- by getting them into the world's biggest, most revolutionary trends BEFORE anyone else. Click here to see what Matt has up his sleeve now. As of this writing, Matt did not hold a position in any of the aforementioned securities.  More From InvestorPlace * Why Everyone Is Investing in 5G All WRONG * America's 1 Stock Picker Reveals His Next 1,000% Winner * Revolutionary Tech Behind 5G Rollout Is Being Pioneered By This 1 Company * Radical New Battery Could Dismantle Oil Markets The post Recent Boycotts Could Make Facebook Stock a Good Opportunity appeared first on InvestorPlace.
  • 07/10/2020

Honda Strengthens Its Battery Supply for Electric Vehicles, Inks Agreement With CATL

  • With a goal of electric vehicles (EVs) accounting for two-thirds of global sales in 2030, Honda Motor (NYSE: HMC) has just taken a step to shore up its battery supply. The automaker announced today that it has entered into an agreement with Contemporary Amperex Technology Ltd., otherwise known as CATL, to fortify their positions in the area of battery technology -- particularly for battery EVs. According to Honda, the "agreement will enable the two companies to begin discussions on a broad range of areas including joint development, stable supply, and the recycling and reuse of batteries."
  • 07/10/2020

Honda invests in China's CATL to jointly develop EV batteries

  • Japan's Honda Motor Co Ltd <7267.T> will buy a 1% stake in Chinese electric vehicle (EV) battery maker Contemporary Amperex Technology (CATL) <300750.SZ> and the two will jointly develop EV batteries, the companies said on Friday. The move comes at a time when auto manufacturers and EV battery makers are joining forces in pursuit of an electric future. CATL, based in Ningde, said last year it would develop batteries with Honda and also supply batteries to Tesla , Toyota <7203.T> and Volkswagen AG .
  • 07/10/2020

Nissan Secures $7.8B Funding to Fight Coronavirus Woes

  • The $7.8-billion funding from creditors is set to help finance Nissan's (NSANY) liquidity requirements for countering the rising uncertainties related to the coronavirus crisis.
  • 07/08/2020

What Investors Who Have Never Driven a Tesla Should Know

  • A test drive in a (TSLA)Model 3 is an eye-opening experience that reveals some of the reasons Tesla stock continues to climb. Before a vehicle is available to the public, test drives are typically done by experts and analysts interested in acceleration, torque, and handling as well as fit and finish.
  • 07/07/2020

TABLE-Top 20 vehicles sold in the United States in Q2 2020

  • 07/02/2020

U.S. Auto Sales Fail to Recover in Q2: More Pain Ahead?

  • Moody's forecasts global auto sales decline of at least 20% year over year in 2020, with major impacts to be felt in North America and EMEA.
  • 07/02/2020

Nikkei drops on gloomy BOJ tankan, COVID-19 concerns

  • Japanese shares ended lower on Wednesday as the Bank of Japan's quarterly corporate survey showed business mood dropped to the worst level in 11 years, while the continued spread of COVID-19 cases in Tokyo also sapped risk appetite. The Bank of Japan's tankan survey showed the mood among big manufacturers declined to minus 34 last month from minus 8 in March. The BOJ survey also indicated that big firms plan to raise capital expenditure by 3.2% in the current fiscal year through March 2021, higher than initially expected.
  • 07/01/2020

Japan shares dip as BOJ tankan saps risk appetite

  • Japanese shares inched lower on Wednesday as investor sentiment soured after the Bank of Japan's quarterly corporate survey showed the domestic business mood worsened to an 11-year low because of the coronavirus crisis. The Nikkei futures fell 0.25% during the midday recess after Japan's Chief Cabinet Secretary Yoshihide Suga said the coronavirus state of emergency could be re-imposed in a worst case scenario. Tokyo has sought to keep new infection cases below 20 a day since Japan lifted a state of emergency in late May, but has had five straight days of more than 50 new cases, as of Tuesday.
  • 07/01/2020

EV Company News For The Month Of June 2020

  • Global electric car sales for May 2020 were down 23% on May 2019, with Europe as the only bright spot with sales up 23% YoY in May. EV market news - Germany dou
  • 07/01/2020

Facebook Under Fire as Companies Pause Social Media Ads: List

  • (Bloomberg) -- Here’s a list of companies that are planning to halt spending on social media. Some have joined a boycott of Facebook Inc. after critics accused the social network of inadequately policing hateful and misleading content on its platform:Starbucks Corp. -- Pausing advertising on all social media platforms. Will post on social media without paid promotion.Microsoft Corp. -- Paused global advertising spending on Facebook and Instagram because of concerns about ads appearing next to inappropriate content, according to a person familiar with the matter.Unilever Plc -- Halting advertising on Facebook, Instagram and Twitter in the U.S. through Dec. 31.Volkswagen AG -- The ad stop on Facebook affects the direct ad accounts of the German manufacturer’s brands, including Porsche, Audi and Lamborghini. VW, its ad agencies and the Anti Defamation League will enter talks with Facebook over how to deal with hate speech, discrimination and false information, according to an emailed statement.Mars -- Starting in July, a pause on paid advertising globally across social-media platforms, including Facebook, Instagram, Twitter and Snapchat.Target Corp. -- Pausing ads on Facebook in July.Coca-Cola Co. -- Pausing advertising on all social media platforms.Clorox Co. -- Will stop advertising spending with Facebook through December.Conagra Brands Inc. -- Will stop advertising in U.S. on Facebook and Instagram through the rest of the year.Ford Motor Co. -- Halting U.S. social media for 30 days, won’t purchase social media ads for Bronco unveiling.Honda Motor Co. -- “For the month of July, Honda will withhold its advertising on Facebook and Instagram, choosing to stand with people united against hate and racism.” Acura, a Honda brand, said in a tweet that it was “choosing to stand with people united against hate and racism.”Hershey Co. -- Will halt spending on Facebook in July and cut its spend on the platform by a third for the remainder of the year, according to Business Insider.Diageo Plc -- Pausing paid advertising globally on major social media platforms beginning in July.PepsiCo Inc. -- Pulling ads on Facebook from July through August.Verizon Communications Inc. -- “We’re pausing our advertising until Facebook can create an acceptable solution that makes us comfortable and is consistent with we’ve done with YouTube and other partners,” said John Nitti, chief media officer for Verizon.SAP SE -- “We will suspend all paid advertisements across Facebook and Instagram until the company signals a significant, action-driven commitment to combatting the spread of hate speech and racism on its platforms.”Levi Strauss & Co. -- Pausing all paid Facebook and Instagram advertising globally and across all brands through July.Diamond Foundry Inc. -- Pulling all of advertising from Facebook, including Instagram, for the month of July.Patagonia Inc. -- Will pull all ads on Facebook and Instagram, effective immediately, through at least the end of July, pending meaningful action from Facebook.Viber Media Inc. -- The messaging service, owned by Japanese conglomerate Rakuten, plans to cut ties with the social network entirely, according to the Guardian.VF Corp. -- The North Face will pause ads on Facebook for the month of July. Vans, another VF brand, will also pull ad dollars from Facebook and Instagram next month, and said it will use the money to support Black communities through empowerment and education programs.REI -- “For 82 years, we have put people over profits. We’re pulling all Facebook/Instagram advertising for the month of July.”Upwork Inc. -- No Facebook advertising in July.Eileen Fisher Inc. -- Pulling ads from Facebook through July.Adidas AG -- Will stop ads on Facebook and Instagram internationally through July, according to Adweek.Puma SE -- Will stop all advertisements on Facebook and Instagram throughout July.Madewell Inc. -- Will pause ads on Facebook and Instagram through July.Pfizer Inc. -- Removing all advertising from Facebook and Instagram in July, calls on Facebook to heed the concerns of the StopHateForProfit boycott campaign “and take action.”Chipotle Mexican Grill Inc. -- To pause Facebook advertising beginning July 1, according to an email.Chobani -- The Greek-yogurt company paused all paid social-media advertising.Peet’s Coffee -- Paused advertising on Facebook. (Updates with Acura and Peet’s Coffee.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
  • 06/30/2020

Honda, Stellar Name Among Car Buyers, Restructures To Win Regard From Equity Investors

  • Dismantling of Honda's R&D subsidiary marks a historic restructuring to streamline the development of new models, improve efficiency, cut costs, and improve pro
  • 06/30/2020

Japan shares end firmer as upbeat U.S. economic data lifts sentiment

  • 06/30/2020

Tokyo shares track Wall Street higher on upbeat U.S. economic data

  • 06/30/2020

An Unstoppable Force Vs. An Immovable Object

  • A record amount of stimulus has supported equity markets, while the economy continues to face serious issues. The U.S. has higher unemployment rates than many d
  • 06/29/2020

Stocks To Watch: Fireworks For Nikola, Tesla And Micron

  • Welcome to Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the next week. Follow this account and turn the e-mail alert on to receive th
  • 06/27/2020

Facebook Ad Boycott Sinks Stock, Raises Pressure on Zuckerberg

  • (Bloomberg) -- Critics of Facebook Inc. who have assailed the social network as failing to adequately police hateful and misleading content on its service found a powerful ally Friday: Unilever, one of the world’s largest advertisers, said it would stop spending money with Facebook’s properties this year.The decision by the maker of major consumer goods like Dove soap and Hellmann’s mayonnaise to follow other brands in an advertising boycott, prompted a rare reaction from Facebook’s investors. Shares plunged 8.3% on the news, eliminating $56 billion in market value. Unilever’s pledge applies immediate pressure on other big companies and presents a risk to Facebook’s dominant business. Later Friday, Coca-Cola Co. said it would pause ads on all social media platforms for at least 30 days, while Honda Motor Co.’s U.S. unit, Hershey Co. and several smaller brands said they would join the boycott.Facebook Chief Executive Officer Mark Zuckerberg attempted to address advertiser concerns in a live question-and-answer session with employees Friday, announcing a handful of minor changes to the company’s ad and content policies. But his remarks didn’t go far enough for critics.The Anti-Defamation League, among the collection of civil rights groups that organized the July ad boycott, called the changes announced by Zuckerberg “small.”“We have been down this road before with Facebook,” the group said in a statement. “They have made apologies in the past. They have taken meager steps after each catastrophe where their platform played a part. But this has to end now.”The social network has been less aggressive than competitors Twitter Inc. and Snap Inc. in responding to what employees and advertisers say are harmful posts from U.S. President Donald Trump, as well as incendiary content that goes viral. Facebook, of these companies, is also the most susceptible to regulatory risk, and is already facing antitrust investigations from the Justice Department and the Federal Trade Commission.“You can continuously see the challenge of them trying to have these kinds of broad principles around free expression and stopping harm, and then that mixing with the realpolitik of trying to keep the executive branch happy, which happens to have a half dozen investigations open of Silicon Valley companies for a variety of reasons,” Alex Stamos, a former Facebook security executive, said this week at the virtual Collision Conference.The regulatory threats have historically seemed to loom larger for Facebook than advertiser concerns. The company accounts for about 23% of the entire U.S. digital advertising market, according to EMarketer. And it dominates social media with more than 3 billion users of all its properties.For years, Facebook has weathered scandals with its business intact and growing rapidly. The company’s advertising revenue gained 27% in 2019 to more than $69.7 billion despite threats of regulation, previous calls for advertising boycotts and a user movement encouraging people around the world to delete their accounts. But just four months before the U.S. election, and amid nationwide protests about race and policing in society, Facebook finds itself at the cultural center of a divided country, balancing regulatory pressures with societal ones.Facebook already warned that advertisers are spending less as a result of the coronavirus pandemic. Now, businesses are under pressure to cut costs and respond to the public’s concerns about racial injustice in society. When the civil rights groups organized the ad boycott to push Facebook to better combat hate speech, companies saw a way to make a political statement at an economically convenient time.“It is clear that Facebook and its CEO, Mark Zuckerberg, are no longer simply negligent, but in fact, complacent in the spread of misinformation, despite the irreversible damage to our democracy,” Derrick Johnson, president and CEO of the NAACP said in a statement last week.Facebook has tried to quell the boycott behind the scenes, and has reached out to advertisers to push back on the narrative that it doesn’t care about fighting hate and misinformation. In an email to advertising partners, the company highlighted the software it uses to detect hate speech, which has improved over the years, and its efforts to circulate verified information around the elections with a new informational hub and a goal to register 4 million new voters.During the Q&A; with employees, Zuckerberg went a step further. He said the company will put a link to the voting hub on all posts related to voting, and will also start marking posts that violate Facebook’s rules, although the posts will remain up if they’re newsworthy.Those rules give Facebook cover to take an action without making a decision on the nature of the content. For instance, several weeks ago when Trump tweeted that mail-in voting would lead to fraud, Twitter labeled the post to fact-check it. Zuckerberg left the same post alone on Facebook. But now, if all voting-related posts have a context link on them, the CEO won’t have to make controversial decisions about their accuracy.Facebook, which already prohibits advertising that discriminates, also sharpened those policies Friday with a clause saying no ads will be allowed if they label another demographic as dangerous, or if they portray immigrants, migrant groups or refugees as inferior and worthy of disgust. “There are no exceptions for politicians in any of the policies I’m announcing here today,” Zuckerberg said.In a follow-up email to advertisers late Friday, Carolyn Everson, vice president of global marketing solutions, summarized the announcements Zuckerberg made and outlined many of the steps the company already takes to find and remove hate speech. Everson added that Facebook will seek an audit for its quarterly report outlining how it enforces its community standards.“Hate is an insidious feature of every society, and that is reflected across all platforms,” she wrote. “But we also believe in our responsibility to help change the trajectory of hate speech -- and while we know we can’t eradicate it, we will continue to do everything in our power to shatter its presence on our platform.”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
  • 06/27/2020

Facebook, Twitter Tumble on Unilever’s Social-Media Pullback

  • (Bloomberg) -- Facebook Inc. and Twitter Inc. shares tumbled Friday after Unilever, one of the world’s largest advertisers, said it will halt all U.S. advertising on both platforms, fueling concerns that other major consumer brands may follow suit.Unilever, which owns names like Hellmann’s mayonnaise and Axe shower gel and has an annual advertising budget of almost $8 billion, said it won’t advertise on Facebook, Twitter and Facebook-owned Instagram for the rest of the year because of the hate speech and polarized politics that users often post.“Continuing to advertise on these platforms at this time would not add value to people and society,” Unilever said in an emailed statement. “We will be monitoring ongoing and will revisit our current position if necessary.”Facebook shares extended a decline after the news. The stock had dropped 4.6% earlier Friday, then fell 8.3% to $216.08 at the close. Twitter shares dropped 7.4% to $29.05.Facebook Chief Executive Officer Mark Zuckerberg responded Friday to the growing criticism about misinformation on the site, announcing the company would label all voting-related posts with a link encouraging users to look at its new voter information hub, and expanded its definition of prohibited hate speech for in advertising.Unilever’s decision follows similar moves by a growing list of high-profile consumer companies, including outdoor gear company Patagonia and Verizon Communications Inc., which claim that technology platforms -- particularly Facebook -- profit off user posts that promote hate and spread misinformation.A consortium of civil rights and other advocacy groups, including Color of Change and the Anti-Defamation League, have called on advertisers to stop spending on Facebook-owned platforms for the month of July to protest the company’s policies. Honda Motor Co.’s U.S. unit said Friday that it would join the boycott and halt advertising on Facebook and Instagram in July. Unilever’s commitment extends that pledge through 2020, and adds rival social network Twitter to the mix, which has also struggled to deal with offensive posts but has recently taken a more active stance than Facebook in some cases related to U.S. President Donald Trump.More brands joined the fray as the day wore on. Coca-Cola Co. said it will pause paid advertising on all social media for at least 30 days. Hershey Co. intends to halt Facebook spending in July, according to Business Insider.So far, the boycott organizers say that more than 100 companies are participating.“We invest billions of dollars each year to keep our community safe and continuously work with outside experts to review and update our policies,” a Facebook spokeswoman said in a statement, adding that the company has banned 250 White supremacist organizations from its platforms. “We know we have more work to do, and we’ll continue to work with civil rights groups, GARM, and other experts to develop even more tools, technology and policies to continue this fight.”Facebook has had a rocky relationship with civil rights groups for years, which have fought to diversify Facebook’s board of directors, accused the company of enabling voter suppression tactics, and took issue with Facebook’s decision to name the Daily Caller, a right-wing news outlet with ties to white nationalism, as one of its formal fact-checking partners in 2019.Frustrations were renewed after Zuckerberg said that a series of posts from Trump about race-related protests were not a violation of the company’s rules. In one last month, Trump said that “when the looting starts, the shooting starts,” a post that was flagged on Twitter as a violation but not on Facebook. A number of unhappy Facebook employees staged a walkout to protest the decision.As the boycott has grown over the past week, Facebook has been reaching out to advertisers to share details about the company’s existing policies, and its efforts to automate the flagging and removal of hate speech on its service. It’s also been highlighting its work to increase voter registration, and on Friday Zuckerberg said the company would now prohibit ads that target certain races or ethnic groups as dangerous. In an email to marketers this week, the company said that it bases its policies on principles, not business interests.Twitter, which has not been the target of the formal ad boycott but has faced similar criticisms as Facebook over the years, says that Unilever reached out to alert the company of its decision before making the announcement publicly.“Our mission is to serve the public conversation and ensure Twitter is a place where people can make human connections, seek and receive authentic and credible information, and express themselves freely and safely,” said Sarah Personette, Twitter’s vice president of global client solutions, in a statement. “We are respectful of our partners’ decisions and will continue to work and communicate closely with them during this time.”(Updates with Coca-Cola and Hershey in eighth paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
  • 06/26/2020

Ford, other automakers will stay neutral on challenges to Trump vehicle emissions rule -document

  • Four major automakers will not take a position on legal challenges to the Trump administration's decision in March to dramatically weaken Obama-era fuel economy standards but want to weigh in on any court fix, according to a document seen by Reuters. The Trump administration in March finalized rollback of U.S. vehicle emissions standards to require 1.5% annual increases in efficiency through 2026. Ford Motor Co, Volkswagen AG, Honda Motor Co and BMW AG struck a voluntary agreement with California in July 2019 on vehicle emissions rules.
  • 06/26/2020

Honda, General Motor to Jointly Manufacture Hand Sanitizers

  • Honda (HMC) and General Motors (GM) are jointly producing nearly 12,000 gallons of hand sanitizers for employees and health-care facilities.
  • 06/24/2020

Michigan-assembled Ford Ranger named ‘most American-made car’ in annual list that includes Tesla for first time

  • The Michigan-built Ford Ranger pickup truck, resurrected for the U.S. market in 2019, ranks No. 1 among the most-American-made vehicles, a 15-year-old list for which high-ranking Tesla, which assembles its electric cars in Fremont, Calif., participated for the first time.
  • 06/23/2020

Is Honda Motor Co Ltd (HMC) Going to Burn These Hedge Funds?

  • The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]
  • 06/22/2020

China eases green rules for petrol-electric hybrids, giving makers space to manoeuvre

  • China re-classified petrol-electric hybrid vehicles on Monday so they get more favourable treatment than all-petrol or diesel counterparts under new clean car rules, making it easier for automakers to meet environment quotas and offer more choice. China has some of the world's strictest rules regarding the production of fossil-fuel vehicles, as it battles unhealthy levels of air pollution in its crowded cities. Plug-in hybrid technology differs from that of petrol-electric hybrid vehicles.
  • 06/22/2020

Honda Motor Co., Ltd. Files Annual Report on Form 20-F for Fiscal Year Ended March 31, 2020

  • Honda Motor Co., Ltd. (NYSE: HMC) has filed with the Securities and Exchange Commission its annual report on Form 20-F for the fiscal year ended March 31, 2020. Honda's annual report on Form 20-F can be accessed from following web site addresses;
  • 06/19/2020

Automakers rev up U.S. assembly lines, wary of outside risks to workers

  • Automakers are speeding up U.S. assembly lines to meet recovering demand, increasingly confident coronavirus safety protocols are working to prevent outbreaks in their plants but wary of the challenges workers face outside. Screening workers for COVID-19 using temperature scans and questionnaires, the automakers have detected some people who reported for work despite being sick. The risk of an infection picked up outside a plant spreading along assembly lines remains a prime concern, however.
  • 06/18/2020

Dongfeng Motor (Hong Kong) Intl Co., Ltd. -- Moody's confirms Dongfeng's A2 ratings; changes outlook to stable

  • Moody's Investors Service has confirmed the A2 issuer rating of Dongfeng Motor Group Company Limited (Dongfeng, A2 stable). At the same time, Moody's has also confirmed the A2 rating on the senior unsecured bonds issued by Dongfeng Motor (Hong Kong) International Co., Limited -- an indirect wholly-owned subsidiary of Dongfeng.
  • 06/18/2020

Japanese stocks surge on central bank boosts, U.S. stimulus hopes

  • Japanese stocks jumped on Tuesday, with the Nikkei gaining the most in nearly three months, after central banks in the United States and Japan offered measures to support corporate finances. Sentiment was also boosted by a Bloomberg report that U.S. President Donald Trump was preparing a nearly $1 trillion infrastructure proposal to bolster the U.S. economy. The Bank of Japan kept its monetary settings steady as widely expected but increased the nominal size of its lending packages for cash-strapped firms to $1 trillion from about $700 billion announced last month.
  • 06/16/2020

Auto Stock Roundup: Ford-Volkswagen EV Deal, Toyota Fuel Cell JV in China & More

  • While Ford (F) and Volkswagen (VWAGY) finalize their partnership to build EVs, vans and pickups, Toyota (TM) joins forces with five China-based firms to develop fuel cell vehicles.
  • 06/15/2020

Explosion hits Honda's plant in central Japan, two workers hospitalized

  • An explosion was reported at Honda Motor Co Ltd's plant in central Japan, police said on Sunday, with two workers sent to the hospital with burns. The explosion at a switchboard occurred at around 9:15 am local time (0015 GMT) in Honda's plant in Suzuka city, Mie prefecture, an officer with the prefectural police said. Two workers in their 20s, who were checking the switchboard, were injured and sent to be treated, the officer said.
  • 06/14/2020

Dongfeng Motor (Hong Kong) Intl Co., Ltd. -- Moody's confirms Dongfeng's A2 ratings; changes outlook to stable

  • Moody's Investors Service has confirmed the A2 issuer rating of Dongfeng Motor Group Company Limited (Dongfeng, A2 stable). At the same time, Moody's has also confirmed the A2 rating on the senior unsecured bonds issued by Dongfeng Motor (Hong Kong) International Co., Limited -- an indirect wholly-owned subsidiary of Dongfeng.
  • 06/12/2020

Honda resumes production at plants hit by suspected cyber attack

  • Japan's Honda Motor Co has resumed production at automobile and motorcycle plants in the United States and other countries after they were hit by a suspected cyber attack this week, a spokesman said on Friday. The suspected attack comes less than a month after Honda reopened its North American vehicle assembly plants, following closure of factories in late March to comply with coronavirus-related, shelter-at-home rules in the United States and Canada. Another vehicle plant in Turkey and motorcycle plants in India and Brazil were back up and running by Wednesday, he said, while some North American call centres and online financial services continued to experience disruptions.
  • 06/12/2020

Expect a Wave of Distressed Assets to Go On Sale, Says PE Firm Co-Founder

  • Private-equity firms “that invest in distressed businesses will see some opportunities emerge,” said Tim Meyer of Angeles Equity Partners.
  • 06/11/2020

Shares of several automaker & auto component companies are trading lower in sympathy with the overall market following an increase in coronavirus cases in some US states that have reopened, leading to concerns of a second wave of the virus.

  • 06/11/2020

The Zacks Analyst Blog Highlights: Volkswagen, Toyota, Nissan and Honda

  • The Zacks Analyst Blog Highlights: Volkswagen, Toyota, Nissan and Honda
  • 06/10/2020

Honda's (HMC) Global Operations Disrupted by Cyber-Attack

  • Honda (HMC) is working to restore full functionality of production, sales and development activities to reduce the impact of the recent cyber-attack.
  • 06/10/2020

Electric Pickup Race is on: Is Nikola The Tesla of Trucking?

  • The year 2021 is going to be the year for electric pickups and is likely to witness EV market revolution.
  • 06/10/2020

Honda global operations halted by ransomware attack

  • Honda has confirmed a cyberattack that brought parts of its global operations to a standstill. At this time Honda Customer Service and Honda Financial Services are experiencing technical difficulties and are unavailable. Honda is one of the largest vehicle manufacturers in the world, employing more than 200,000 staff, with factories in the U.K., North America, and Europe.
  • 06/09/2020

Japan Auto Sales in Free Fall: No Quick Recovery in Sight

  • Outlook for new vehicle sales in Japan appears gloomy amid weak consumer sentiment and slowdown in economy.
  • 06/09/2020

Honda hit by cyber attack, some production disrupted

  • Honda Motor Co <7267.T> suspended some of its auto and motorcycle production globally as the Japanese car giant grappled with a suspected cyber attack, a spokesman said on Tuesday. The suspected attack affected Honda's production globally on Monday, forcing some plants to stop operations as the company needed to ensure that its quality control systems were not compromised. Honda suspects the ransomware hit the company's internal servers, the spokesman said.
  • 06/09/2020

Carmaker Honda targeted in cyber attack

  • Japanese carmaker Honda said on Tuesday that a cyber attack had forced it to suspend global production and give some employees the day off after they lost access to their work laptops. A virus infiltrated the company’s internal servers on Monday morning in Tokyo, disrupting work email and other systems at its plants around the world, a Honda spokesperson said. As a precautionary measure, Honda staff were advised not to access their work computers and to take paid leave on Tuesday, if possible.
  • 06/09/2020

American Honda Finance Corporation -- Moody's confirms American Honda Finance's long-term senior unsecured rating at A3, concluding review; outlook is negative

  • Moody's Investors Service, ("Moody's") confirmed its A3 long-term senior unsecured and the backed commercial paper Prime-2 rating for American Honda Finance Corporation (American Honda Finance). The rating actions follow similar actions on the ratings for American Honda Finance's ultimate parent company Honda Motor Co., Ltd. (Honda, A3 issuer rating, negative).
  • 06/08/2020

Honda Finance Europe Plc -- Moody's confirms Honda's A3 and P-2 ratings; outlook negative

  • Moody's Japan K.K. has confirmed the A3 long-term ratings and the Prime-2 commercial paper ratings of Honda Motor Co., Ltd. (Honda) and its supported captive finance subsidiaries. The outlook was changed to negative from ratings under review.
  • 06/08/2020

Shares of several auto manufacturing & auto component companies are trading higher following strong US jobs data and continued optimism amid the reopening of the economy.

  • 06/05/2020

Auto sales rebounded in May after dismal April

  • Yahoo Finance’s Alexis Christoforous, Brian Sozzi, and Pras Subramanian break down auto sales numbers for the month of May.
  • 06/03/2020

May Auto Sales Reports Today; Toyota (TM) -25.7%

  • The S&P; 500 is now above the 200-day trading average, suggesting another possible breakout to the upside.
  • 06/02/2020

Reopened UK showrooms offer glimmer of hope for car industry

  • On the outskirts of Reading, the first glimmers of hope can be seen for Britain’s battered car industry. Hours after the town’s Honda dealership reopened after a 10-week closure, Sam and Janet Weller brought their old Civic to part-exchange for a newer vehicle. It was the fourth walk-in appointment for Honda within hours of opening, along with a trickle of phone inquiries and some pre-booked appointments.
  • 06/01/2020

First Manned Flight Is Just One Step for SpaceX

  • (Bloomberg Opinion) -- The SpaceX Crew Dragon capsule that’s orbiting the Earth with two U.S. astronauts is the picture of New Space Age glamour. It’s a sleek, stylish commercially made capsule that’s destined to be featured beside Italian sports cars in future design textbooks. Just don’t tell that to Elon Musk, SpaceX’s chief executive and chief designer. “Is a Ferrari more reliable than a Toyota Corolla or a Honda Civic?” he once asked a space journalist. The answer, of course, is that the simpler sedans are far more reliable than the well-crafted sports car. So SpaceX, Musk made clear, was going to make Corollas.It’s a practically minded outlook for a company founded on the galactically large ambition to transform humanity into a multiplanetary species. But Musk and SpaceX implicitly understand something that national space programs haven’t really accepted: Success in space exploration isn’t, ultimately, about achieving “firsts” like the moon landing. Rather, it’s repeat business that will establish moon colonies and Musk’s Martian city. To get that business, SpaceX has to show that national space programs, with their expensive, Ferrari-like rockets, capsules and contractors, won’t get there. On Saturday, it succeeded.The 20th century space race wasn’t about the money, it was about the record books. The respective financial strengths of the U.S. and Soviet systems certainly played a role, but when national pride is at stake, performance matters more than costs. For decades, NASA, in particular, internalized that priority by adopting cost-plus contracts with its contractors. Under these arrangements, NASA agrees to pay the value of a project’s development costs, plus an associated fee (often about 10%). It’s an excellent system for encouraging contractors to invest in difficult, long-term projects with hazy costs.But if the goal is to create something that works repeatedly, and on-budget, cost-plus is a problem. After all, if a contractor’s fees increase during project delays, then that contractor lacks an incentive to control costs and finish on deadline. Making matters more difficult, expensive government programs must meet political requirements that no profit-seeking business would ever consider. The development of the 1970s-era space shuttle was spread out over states and produced an outrageously expensive “reusable” rocket that took thousands of hours to prepare for reuse. In 2012, Musk correctly called the shuttle “a Ferrari to the nth power.”By that point, Musk, too, was working with the U.S. government. But unlike traditional NASA contractors such as the Boeing Co, he was doing it on a fixed-fee basis. So, rather than get paid along the way, SpaceX accepted a fixed fee to build a technology, and whatever wasn’t used in development could be kept as profit.That doesn’t mean cutting corners. NASA requires that SpaceX’s technology meet its high safety standards (often to Musk’s chagrin). But it does mean that SpaceX has a strong incentive to find ways to control costs while building cutting-edge technology. For example, rather than try to perfect a single rocket for a flawless first launch, SpaceX opted for iterative design, whereby it launched — and failed — early prototypes repeatedly, as a means to learn from its mistakes and speed up rocket design. It’s an approach that differs substantially from traditional aerospace companies, which spend years and money perfecting a design before flying it (the Ferrari approach). Likewise, SpaceX, freed from political constraints, concentrated its design and testing in single locations, rather than spread it out geographically. It’s what any rational for-profit manufacturer would do.This approach has been fruitful. The rocket that carried the Crew Dragon capsule into orbit is a Falcon 9, from a family of rockets developed for $390 million with assistance from NASA under fixed-price contracts. According to a 2011 NASA report, the cost would’ve been $1.7 billion to $4 billion if the same rocket had been developed using traditional means. More dramatically, the development of the Falcon 9 has reduced the cost of a space launch by a factor of 20, at least. A kilogram launched on the space shuttle, which last flew in 2011, cost about $54,500. A kilogram on the Falcon 9 runs about $2,700.Of course, launching humans into space is more difficult and expensive than launching cargo. Even so, SpaceX managed to lap more traditional contractors. In 2011, NASA announced plans to build the Space Launch System, a massive new rocket to send Americans back to the moon. To save on costs and time, the rocket was to be built using engines and other components from the space shuttle program. Ominously, it was also to be built by the Boeing Co under a cost-plus contract. In 2014, NASA committed to a November 2018 launch date at a cost of $9.7 billion. Then the launch dates started slipping, all to the benefit of Boeing. By March, the launch date had moved to the second half of 2021, with costs escalating to $18.3 billion. If and when it flies, each rocket will exceed $1 billion — more than three times what it cost to develop the Falcon 9.For now, SpaceX’s approach is the clear winner, but its challenges are far from over. Above all, the company must demonstrate that its relatively inexpensive human-capable flights have a commercial market — an idea that’s far from certain. Similarly, the company will need to prove the business case for its longer-term, and substantially more expensive, ambitious exploration program. But today, at least, the Musk’s Corolla is beating the Ferrari by millions of miles.This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Adam Minter is a Bloomberg Opinion columnist. He is the author of “Junkyard Planet: Travels in the Billion-Dollar Trash Trade” and "Secondhand: Travels in the New Global Garage Sale."For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
  • 05/31/2020

Column: Dealer who towed people's cars away amid pandemic is under investigation

  • L.A. City Atty. Mike Feuer says his office and other law-enforcement agencies are investigating car dealer Hooman Nissani.
  • 05/29/2020

Nissan (NSANY) Incurs Loss in FY19, Issues EV Ariya Update

  • Nissan (NSANY) reports net loss of 671.2 billion yen in fiscal 2019, mainly due to the COVID-19 pandemic, which hurt the company's production, sales and other business activities in all regions.
  • 05/29/2020

Renault & Nissan Revamp Alliance to Combat Coronavirus Crisis

  • The fortified alliance among Renault (RNLSY), Nissan (NSANY) and Mitsubishi focuses more on efficiency and competitiveness than on volumes.
  • 05/28/2020

Renault & Nissan Revamp Alliance to Combat Coronavirus Crisis

  • 05/28/2020

Shares of several consumer discretionary companies are trading higher as equities rally on coronavirus vaccine hopes as well as a pickup in economic activity as some US states reopen businesses. A vaccine could mean a faster return to discretionary spending.

  • 05/26/2020

Overview of Toyota's 4th-Quarter Results

  • 05/13/2020

Honda shares are trading lower after the company reported Q4 results.

  • 05/12/2020

Honda Motor Co Earlier Reported Q4 EPS $(0.160) Down From $(0.070) YoY, Sales $31.725B Down From $36.479B YoY

  • 05/12/2020

/C O R R E C T I O N -- Honda Motor Co., Ltd./

  • 05/12/2020

AutoNation Reports –st-Quarter Earnings

  • 05/11/2020

The Future Of Car Sales Favors Tesla

  • Automakers around the world are slowly starting to restart production. But even if they can ramp up production, the selling environment will likely look a lot different post-COVID...
  • 05/08/2020

Shares of some automakers are trading higher, potentially amid market strength. As some US states begin to roll back lockdown measures, investor sentiment of a rebound in economic activity has increased.

  • 05/05/2020

Honda is making financial service workers go into the office during the pandemic

  • And some of them are concerned
  • 05/01/2020

Average New-Vehicle Prices Up 2% Year-Over-Year in April 2020, Helped by Available Incentive Offers from Automakers and Finance Companies, According to Kelley Blue Book

  • The valuation analysts at Kelley Blue Book today reported the estimated average transaction price for a light vehicle in the United States was $38,060 in April 2020. New-vehicle prices increased $763 (up 2.0%) from April 2019, while prices dropped $102 (down 0.3%) from last month.
  • 05/01/2020

ALG Forecasts Average New Vehicle Transaction Price Up 5.7% YearOver Year Fueled by 0% Interest Rates and Longer Loan Term Offers

  • SANTA MONICA, Calif., May 01, 2020 -- ALG, Inc., a subsidiary of TrueCar, Inc. and the industry benchmark for determining the future resale value of a vehicle, projects average.
  • 05/01/2020

The most underrated new cars on sale today

  • These underappreciated vehicles are absolutely worthy of your attention.
  • 05/01/2020

Worldwide Hybrid Electric Vehicle (HEV) Market Insights, 2020-2025 - Improvements in EV Charging Infrastructure Leading to Increased Investments by Power Sector Stakeholders - ResearchAndMarkets.com

  • The "Hybrid Electric Vehicle Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.
  • 05/01/2020

Shares of several automotive manufacturing companies are trading lower on market weakness as investor uncertainty grows following quarterly earnings results from multiple companies.

  • 05/01/2020

New Honda Canada CEO dismisses electric vehicles as a ‘political agenda’

  • Honda Canada CEO Jean Marc Leclerc trots out all the typical anti-EV arguments: too expensive, not practical, money-losing, and no demand.
  • 04/30/2020

How to Trade TSLA Stock Following Earnings Beat

  • Tesla reported arguably its best quarter. Unfortunately, TSLA stock is priced at a level that makes it untouchable for reasonable investors.
  • 04/30/2020

Should You Buy Tesla (TSLA) Stock?

  • Tesla (ticker: TSLA) specializes in the design, development, manufacture and sale of fully electric vehicles, plus energy generation and storage systems to boot. Should you buy Tesla stock in 2020? Tesla provides vehicle service centers, supercharger stations and cars with ever-improving self-driving
  • 04/30/2020

Elon Musk Eyes A $750 Million Payday

  • Tesla's Elon Musk could soon be taking $750 million through his unique pay structure offering him zero in salary or cash bonus
  • 04/30/2020

List of sports events affected by the coronavirus pandemic

  • AQUATICS Asian water polo championships in Nur-Sultan, Kazakhstan, from Feb. 12-16 canceled. Diving Grand Prix in Madrid from Feb. 14-16: China team withdrew. Diving World Series in Beijing from March 7-9 canceled. Men’s Water Polo World League from March 12...
  • 04/30/2020

Toyota Prius 20th Anniversary Edition coming for 2021

  • An order guide reveals Toyota plans to mark two decades of the hybrid in the U.S. with a special 20th Anniversary Edition Prius for the 2021 model year.
  • 04/30/2020

Recap: Visteon Q1 Earnings

  • Shares of Visteon (NASDAQ:VC) were unchanged at $59.19 after the company reported Q1 results.Quarterly Results Earnings per share decreased 113.21% year over year to ($0.07), which may not compare to the estimate of ($0.48).Revenue of $643,000,000 lower by 12.75% from the same period last year, which
  • 04/30/2020

15 Consumer Cyclical Stocks Moving In Thursday's Pre-Market Session

  • Gainers • Secoo Holding, Inc. (NASDAQ:SECO) shares increased by 17.42% to $3.10 during Thursday's pre-market session. • LMP Automotive Holdings, Inc. (NASDAQ:LMPX)...
  • 04/30/2020

Exoskeleton Market by Product Type, Power Type, Body Type, Mobility, and End-Use Industry - Global Forecast to 2027

  • Dublin, April 30, 2020 -- The "Exoskeleton Market by Product Type (Soft and Rigid), Power Type (Powered and Passive), Body Type (Complete Body, Upper and Lower.
  • 04/30/2020

Brazil, automakers deadlocked over loan collateral from parent companies -sources

  • SAO PAULO — Global automakers seeking emergency financing for their plants in Brazil have reached an impasse with several state and private banks, after the lenders demanded collateral from t…
  • 04/29/2020

Hyundai Show Us A Glimpse Of The Its New Elantra Sedan

  • Automobile maker giant Hyundai teased car lovers on the new look of its renowned sedan. It recently introduced its upcoming Hyundai Elantra N Line.
  • 04/29/2020

Hedge Fund Manager Makes Bold Tesla Prediction Ahead Of Earnings

  • Tesla Inc (NASDAQ: TSLA) traded higher by 2.5% on Wednesday ahead of the company's first-quarter earnings report due out after the market close.Glenn Tongue, general partner of Deerhaven Capital Management, said Wednesday that Tesla's curious amended 10-K filing on Tuesday may suggest that the
  • 04/29/2020

How To Become An Automotive Engineer At A Major Car Company

  • A question I get a lot from younger readers is: How can I become an automotive engineer for a major car company? The answer is that there are many avenues to that goal, which is why—in addition to telling my own tale about how I scored my dream engineering job at Fiat Chrysler—I compiled stories from Ford, Nissan, Honda, Fiat Chrysler, and GM engineers.
  • 04/29/2020

Recap: Sonic Automotive Q1 Earnings

  • Shares of Sonic Automotive (NYSE:SAH) were unchanged in pre-market trading after the company reported Q1 results.Quarterly Results Earnings per share increased 2.56% year over year to $0.40, which beat the estimate of $0.22.Revenue of $2,308,000,000 lower by 3.43% from the same period last year, which
  • 04/29/2020

Hedge Fund Manager Makes Bold Tesla Prediction Ahead Of Earnings

  • Tesla Inc (NASDAQ: TSLA) traded higher by 2.5% on Wednesday ahead of the company’s first-quarter earnings report due out after the market close. Glenn Tongue, general...
  • 04/29/2020

iRobot’s Terra robot mower launch just got put on hold

  • You’ll have to wait a little longer to set iRobot’s Terra robot lawnmower loose on your grass, with the company revealing it has put the launch on ice because of coronavirus. Announced …
  • 04/28/2020

GM strategy shift shows how ‘liquidity is king’ during COVID-19 crisis

  • By Michelle Sierra NEW YORK, April 28 (LPC) - General Motors Co’s (GM) decision to refinance short-terms loan maturities only, rather than a larger US$16.5bn credit facility, shows how much the market for lending to high-rated companies has changed i
  • 04/28/2020

Here's How General Motors is Battling Coronavirus Crisis

  • General Motors (GM) taps brakes on quarterly cash dividend as well as suspends share-repurchase program citing the uncertainty caused by the coronavirus crisis.
  • 04/28/2020

Here's How General Motors is Battling Coronavirus Crisis

  • General Motors (GM) taps brakes on quarterly cash dividend as well as suspends share-repurchase program citing the uncertainty caused by the coronavirus crisis.
  • 04/28/2020

How Big Tech is dictating the terms of the coronavirus response to national governments

  • Apple’s operating-system policy reportedly forced a change to a German contact-tracing scheme
  • 04/28/2020

Ford, GM, Fiat Chrysler Aim To Resume US Production On May 18: WSJ

  • Three of the largest United States automakers are planning to resume limited production at their manufacturing plants across the country on May 18, according to a Wall Street...
  • 04/28/2020

Detroit automakers target May 18 U.S. restart date

  • Detroit's car companies are targeting May 18 to resume some production at their U.S. factories after the companies shut down their plants in March amid the spread of the coronavirus, according to people familiar with the plans.
  • 04/28/2020

Here's How General Motors is Battling Coronavirus Crisis

  • 04/28/2020

List of sports events affected by the coronavirus pandemic

  • CURLING Women’s world championships in Prince George, Canada from March 14-22 canceled. Men’s world championships in Glasgow, Scotland from March 28-April 5 canceled. World mixed doubles and senior championships in Kelowna, Canada from April 18-25 canceled. CYCLING Road Tour de France from June 27-July 19 postponed to Aug. 29-Sept. 20. Giro d’Italia in Hungary and Italy from May 9-31 postponed. Spanish Vuelta from Aug. 16-Sept. 6 postponed. Tour of Hainan in China from Feb. 23-March 1 postponed. UAE Tour from Feb. 23-29, after 5 of 7 stages cancelled. Strade Bianche in Siena, Italy on March 7 canceled. Paris-Nice from March 8-15: Mitchelton-Scott, Ineos, Astana, UAE Team Emirates, CCC, Movistar, Jumbo-Visma teams withdrew. From Stage 2 of 8, no spectators. On March 14, Stage 7 of 8, canceled. GP Larciano in Pistoia, Italy on March 8 canceled. Tirreno-Adriatico in Italy from March 11-17 canceled. Istarsko Proljeće in Croatia from March 12-15 canceled. Drentse Acht van Westerveld (women) in the Netherlands on March 13 canceled. Bevrijdingsronde van Drenthe in the Netherlands on March 14-15 canceled. Ronde van Drenthe (women) in the Netherlands on March 15 canceled. Popolarissima in Italy on March 15 canceled. Paris-Troyes on March 15 postponed. Danilith Nokere Koerse in Belgium on March 18 canceled. Volta ao Alentejo in Portugal from March 18-22 canceled. Olympia’s Tour in the Netherlands from March 18-22 canceled. Milan-San Remo on March 21 canceled. Omloop van de Westhoek (women) in Belgium on March 22 canceled. Trofeo Alfredo Binda (women) in Cittiglio, Italy on March 22 postponed to June 2. Tour de Normandie in France from March 23-27 canceled. Volta a...
  • 04/27/2020

List of sports events affected by the coronavirus pandemic

  • AQUATICS Asian water polo championships in Nur-Sultan, Kazakhstan, from Feb. 12-16 canceled. Diving Grand Prix in Madrid from Feb. 14-16: China team withdrew. Diving World Series in Beijing from March 7-9 canceled. Men’s Water Polo World League from March 12 postponed. Women’s Water Polo World League from March 12 postponed. Women’s Olympic water polo qualifying tournament in Trieste, Italy from March 8-15 postponed to May 17-24. Italy Olympic trials in Riccione from March 17-21 canceled. Diving World Series in Kazan, Russia on March 20-22 postponed. Men’s Olympic water polo qualifying tournament in Rotterdam, Netherlands from March 22-29 postponed to May 31–June 7. South America championships in Buenos Aires, Argentina from March 25-29 canceled. Artistic World Series in Hurghada, Egypt on March 27 postponed. Diving World Series in London from March 27-29 canceled. Nordic Tour: Bergen Festival in Norway from March 28-30 canceled. China Olympic trials in Qingdao from March 28-April 4 postponed to May 10-16. Canada Olympic trials in Toronto from March 30-April 5 postponed to April 7-11, 2011. Ireland Olympic trials in Dublin from April 1-5 postponed. Japan Olympic trials in Tokyo from April 2-7, no spectators. Artistic World Series in Budapest, Hungary on April 9 postponed. European Swim Cup II in Eindhoven, Netherlands from April 9-12 canceled. British Olympic trials in London from April 14-19 canceled. Artistic World Series in Kazan, Russia on April 17 postponed. African championships in Durban, South Africa from April 17-22 postponed. Australia championships in Perth from April 17-21 canceled. Diving World Cup in Tokyo from April 21-26 postponed. Olympic...
  • 04/27/2020

Global Exoskeleton Industry (2019 to 2027) - Replacement of Conventional Prosthetics with Exoskeleton Technology Presents Opportunities - ResearchAndMarkets.com

  • The "Exoskeleton Market by Product Type (Soft and Rigid), Power Type (Powered and Passive), Body Type (Complete Body, Upper and Lower Extremities), Mobility (Stationary and Mobile), and End-Use Industry (Industrial, Military, Healthcare)- Global Forecast to 2027" report has been added to ResearchAndMarkets.com
  • 04/27/2020

Global Biometrics Industry Report 2020: Set to Reach $76.6 Billion by 2027 - Includes an Assessment of the Coronavirus' Impact on the Industry

  • Dublin, April 27, 2020 -- The "Biometrics - Global Market Outlook (2018-2027)" report has been added to ResearchAndMarkets.com's offering. The Global Biometrics.
  • 04/27/2020

How Jenell Ross is weathering the storm as the auto industry braces for continued impact

  • Jenell Ross, president of Bob Ross Auto Group in Centerville.
  • 04/27/2020

2020 Honda Pilot review: 2020 Honda Pilot Black Edition review: Embracing the darkness

  • This three-row crossover is as versatile and well-thought-out as ever, but a few gray hairs are showing.
  • 04/27/2020

Automotive Fuel Cell Market Forecasts to 2028 - Leading Players are Ballard Power Systems, Plug Power, Delphi Technologies, Doosan Corp, Hydrogenics, and ITM Power

  • Dublin, April 27, 2020 -- The "Automotive Fuel Cell Market by Component (Fuel Processor, Fuel Stack, Power Conditioner, Air Compressor, Humidifier), Power Output.
  • 04/27/2020

Local businesses don’t plan to return relief loans

  • Companies don't plan to return loans intended for small businesses
  • 04/25/2020

Their family’s financial planning issues were already complex — then came the ‘coronavirus whirlwind’

  • Money Makeover:
  • 04/25/2020
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