Honda Motor

Honda said it will focus on its next-generation Hybrid EVs to be introduced into market from 2027 onward, after dropping proposed investment in EVs to 7 trillion yen, or $48.3 billion.

Japanese automakers Honda, Nissan, Mitsubishi drop their talks on business integration

Nissan Chief Executive Makoto Uchida said the talks had changed focus from setting up a joint holding company to making Nissan into a subsidiary of Honda

Samvardhana Motherson International to acquire 81% stake in Honda Motor arm

The company has entered into a partnership with Honda Motor under which it will form an 81:19 strategic partnership with the latter where both partners will drive the company towards a strong and sustainable future

Honda Motor announces top management changes

Tsutsumu Otani, also a Vice President at Honda Motor Co., Japan, will succeed Atsushi Ogata, who returns to Shanghai, China as the Executive General Manager at Shanghai Branch, Honda Motor (China) Investment Co., Ltd with effect from April 1, 2023, the company said in a statement.

Honda lines up Rs 260 crore to upgrade sales network with SUV push on anvil

Honda's dealer network in the country currently comprises 330 facilities in 242 cities.

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

Battery makers are looking to increase production in the U.S. where a shift toward electric vehicles (EV) could increase as the country implements stricter regulation and tightens tax credit eligibility.

Atsushi Ogata appointed as President, MD and CEO of HMSI

Ogata replaces Minoru Kato, who after a three year stint at HMSI returns to Japan as the operating executive & chief officer life creation operation, Honda Motor Co, it said.

Coronavirus pandemic | Honda back to work in China's Wuhan with temperature checks and masks

The plant, a Honda joint venture with Dongfeng Motor Group was shut in late January when authorities ordered a lockdown in Wuhan in a bid to snuff out the coronavirus, which emerged there late last year.

Honda to recall 3,50,000 cars in China over engine issue

The recall involves the CR-V sport utility vehicle and the Civic car equipped with a 1.5-litre turbo engine.

Hyundai Motor Q2 net profit halves as China, US sales sag

The South Korean firm - which together with affiliate Kia Motors is the world's No.5 automaker together - has been betting on a gradual earnings recovery, but the plan hit a roadblock with China's backlash over Seoul's decision to deploy an anti-missile system showing no signs of abating.

Honda to recall about 650,000 Odyssey minivans in US

Two separate recalls will be conducted, Honda and US safety regulators said. The largest involves 634,000 Odyssey minivans for model year 2011 to 2016, and a smaller one affects about 7,600 of the 2016 model year Odyssey minivans.

GM to launch 1st compact sedan in India in quest for mkt share

The US automaker said the Essentia falls under a strategy involving raising the proportion of parts bought locally as well as cost-cutting, to raise its share of India's market to around 3.6 percent, even as sales plummeted last year.

Honda to design, build India-specific cars locally

The car would be the first to be developed at Honda's local research centre and will be positioned above small, cheap entry-level models, such as Maruti Suzuki's Alto and Wagon R, Hironao Ito, senior vice president at Honda Genbetsu India, the R&D arm, said.

Honda Motor Co to recall 90,210 diesel vehicles in India

"There is a possibility that in some of these cars, the fuel return pipe may come out, resulting in fuel leakage and leading to engine stoppage," Honda Cars India said in the statement.

Japan, India vow to boost strategic ties during summit

Japanese PM Shinzo Abe and his Indian counterpart Narendra Modi also agreed to speed up talks on a so-far elusive deal on nuclear energy cooperation, welcoming what they called "significant progress" in negotiations.

Global automakers look for dream market in rural India

Foreign companies showing cars at the Delhi auto show, starting on Wednesday, have already poured billions of dollars into factories, product development and marketing in India's once-booming car market.

Electric vs hydrogen: China is battleground for auto giants

While the Europeans were heralding the all-electric vehicle at the Guangzhou auto show this week, Toyota Motor and Honda Motor were unveiling hydrogen fuel cell cars at shows in Tokyo and Los Angeles.

Toyota raises profit forecast on weak yen, strong US sales

Toyota now expects to book 1.94 trillion yen in annual operating profit, up from its previous forecast of 1.8 trillion yen. That is lower than the 2.27 trillion yen estimated by 26 analysts.

Small is big for Japan automakers eyeing Indonesia, India

Consider Honda's hi-tech N BOX, a four-passenger microcar that combines some of the utility features of a much larger SUV - the seats roll down to load a bicycle or two - and the fuel-sipping economy of a tiny, 660-cc engine.

Nikkei slips, still set for best April in 20 years

The Nikkei average eased on Tuesday following weak earnings guidance from Fanuc Corp and Honda Motor, although it remains on track for its best April performance in 20 years on the back of sweeping stimulus measures unveiled this month.

Honda's 'Amaze' to eat into Maruti's mkt share: Overdrive

Bertrand D'souza, Editor, Overdrive believes that the new car ‘Amaze‘ launched by the Japanese auto major Honda Motor will definitely cannibalise into Maruti‘s market share of Dzire and that of other car companies like Hyndai, Tata Motors Toyota etc.

JPMorgan cuts Bajaj Auto to underweight

JP Morgan Securities lowers its rating on Bajaj Auto Ltd to "underweight" from "neutral" and cut its target price to 1,800 rupees from 2,060.

Honda trims full-year profit forecast, China sales poorer

Honda Motor Co Ltd has trimmed its annual net profit forecast by 1.3 percent to 370 billion yen on poorer than expected car sales in China and Europe, even as it sees strong sales in the United States, its biggest market.

Hyundai Motor record Q4 car sales but bumped from fast lane

Hyundai Motor will report its lowest profit growth since it switched accounting rules in 2011, as record car sales are dented by the impact of a stronger local currency and the cost of compensating drivers in North America for overstated fuel-economy claims.

Honda cuts FY profit forecast as China backlash hits

Japan's Honda Motor Co cut its full-year net profit forecast by a fifth after sales in China, the world's biggest autos market, were hit by a popular backlash against Japanese products in a dispute over East China Sea islands.