Honda Motor Company Stock News

Sony`s Chief Executive Kenichiro Yoshida announced in January a plan to create a new company, Sony Mobility, saying it was exploring a commercial launch of electric vehicles.

The aim is to bring the product to the market by 2025.

Sony and Honda form a joint venture to develop smart electric vehicles. Investors yawn.

Honda Motor Co Ltd and Sony Group Corp have agreed… The post Sony and Honda to form new EV company appeared first on PageOne .

Japan’s Sony Group Corp (NYSE: SONY) and Honda Motor Co (NYSE: HMC) on Friday announced plans to establish a joint venture to make high-value battery electric vehicles that would go on sale in 2025.

Sony and Honda are planning to form a new company to design and sell electric vehicles together. The as-yet unnamed new company is expected to be formed this year, with sales of the first EV model planned for 2025.

Sony Group Corporation and Honda Motor Co. Ltd. announced on Friday that they signed a memorandum of understanding on creating a joint venture (JV) centering on "high value-added battery electric vehi…

TOKYO, Mar 4, 2022 - (JCN Newswire) - Honda Motor Co., Ltd. today announced that the company will issue U.S. dollar-denominated Green Bonds totaling US$2.75 billion for its initiatives toward the realization of a society that aims for zero environmental impact. The proceeds from the issuance of the Green Bonds will be used exclusively toward environmental initiatives(1). This will be the first time for Honda Motor Co., Ltd. to issue Green Bonds. Since its founding in 1948, Honda has been conducting its corporate activities based on its original desire to "help people and society" and "expand people''s life''s potential." In light of changes happening to our society, Honda believes that working in pursuit of the "elimination of its environmental impact" and "realization of … Full story available on Benzinga.com

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

Top Japanese automakers are halting production in Russia, joining the growing list of western automakers doing the same. In 2021, exports to Russia from Japan stood at 862.4 billion yen (US$7.48 billion) with automobiles alone accounting for over 40% of that, or 357.5 billion yen. This week, top Japanese automakers including Toyota Motor, Honda Motor … Read more » The post Japanese automakers including Toyota is suspending car manufacturing, sales in Russia indefinitely appeared first on Tech Wire Asia .

Honda Motor Co. is selling bonds meant to benefit the environment for the first time, joining its competitor Ford Motor Co. in tapping the booming world of sustainable finance to fund a transition to electric vehicles.

Honda will stop exporting cars, motorcycles and other products to Russia, and Mazda will suspend exports of auto parts to its plant in the country, Report informs referring to Nikkei. As more companies announce their adherence to economic sanctions against Russia that have been imposed by the US, Europe, and Japan, the business environment in … The post Mazda and Honda suspend exports to Russia appeared first on IPE Club .

The Japanese carmaker has announced heavy discounts across its existing line-up in India. The offers are available throughout this month

TOKYO: Tokyo stocks closed higher on Thursday, tracking gains on Wall Street on hopes that the pace of the US Federal Reserve''s rate hikes would be slower than expected. The benchmark Nikkei 225 index closed up 0.70 percent or 184.24 points at 26,577.27 while the broader Topix index rose 1.18 percent or 21.86 points to 1,881.80. The dollar fetched 115.62 yen in Asia, against 115.51 yen on Wednesday in New York. US central bank chief Jerome Powell repeated the need for increasing interest rates to ease inflation, as the US battles consumer prices that are climbing at the fastest pace in four decades, as well as soaring oil. But at the same time, Powell said he favours raising the benchmark borrowing rate by a patient quarter-point at the central bank''s meeting this month, although not entirely ruling out the possibility of more aggressive moves. "Following rallies in US shares, the Nikkei 225 was led by purchases," strategist Mutsumi Kanamori of Daiwa Securities said in a commentary. However, investors are increasingly cautious "ahead of ceasefire talks between Ukraine and Russia" expected later in the day, she added.

Gran Turismo is a classic that any longtime PlayStation user will remember, if not hold close to heart. Nearly every gamer I know using the same console has his or her unique experiences over the last two decades with the popular car simulator, which now capitalizes on nostalgic elements to launch its 25 th anniversary edition. “The theme of GT7 is to convey the allure and culture of cars,” Kazunori Yamauchi, president of Polyphony Digital, said in a statement. That promise is fulfilled immediately as the opening montage of the game highlights automobile history, starting with images of 3-wheelers in black and white (from the late 19 th century) to virtual representations of modern racing tracks and 4-wheelers. There are slideshows demonstrating the story of every major car brand one can think of, whether American, European, or Asian. The life trajectory of Lewis Hamilton, who pundits argue is in the running for greatest Formula 1 racer of all time, is also present in the game, which shows again just how wide-ranging its coverage of car culture is, while also paying homage to a high-profile sports celebrity who has shared about his admiration of the franchise.