Honda Motor Co., Ltd. (NYSE:HMC ) Q4 2024 Results Conference Call May 10, 2024 4:00 AM ET Company Participants Toshihiro Mibe - President, CEO Shinji Aoyama - Director, EVP & Representative Executive
Japanese auto giant Honda on Friday logged a record annual profit thanks to improving global vehicle sales, but issued a cautious outlook for the current fiscal year.
Today, on 10 May 2024, Honda Motor Co., Ltd. reported its earnings for the first quarter of FY24.

Honda sees full-year profit rising 2.8%

02:46am, Friday, 10'th May 2024
Japan's Honda Motor Co forecast a 2.8% rise in operating profit for this financial year, after it exceeded analysts' estimates in the fourth quarter as strong sales growth in the United States offset
Japan's Honda Motor said on Friday its fourth-quarter operating profit grew more than six fold from a year earlier, helped by a weak yen and strong vehicle sales.
The Zacks Consensus Estimate for Honda's (HMC) fiscal fourth-quarter earnings and revenues is pegged at 44 cents per share and $37.96 billion, respectively.
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
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.
The Japanese automaker, which has been slow to sell electric vehicles, said it would invest $11 billion to make batteries and cars in Ontario.
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.
Honda Motor plans to build an EV production base in Ontario, it said on Thursday, a C$15 billion ($11 billion) investment that will mark the Japanese automaker's largest ever in Canada.
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.
Honda Motor (HMC) closed the most recent trading day at $34.58, moving +0.09% from the previous trading session.
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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.
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