Honda Motor Company Stock News

Consumer Reports has a new top pick for the electric vehicle of the year. What Happened: The Ford Mustang Mach-E from Ford Motor Company (NYSE: F) is the 2022 Consumer Reports’ electric vehicle top

A bill of entry is merely an order of assessment and not an order of delivery of goods imported, and hence does not attract any levy, the Bombay High Court has clarified, granting temporary relief to Tata AutoComp Systems, which had approached the court to challenge the legality and validity of stamp duty on the same. The Court, in its ruling, has followed the stand taken by the Gujarat High Court in a decade-old case. The Tata Group-owned automotive component major had challenged the stamp duty on ‘Bills of Entry’ on import of goods.Currently, an importer has to pay a 0.10% levy on the total assessed value of goods, under the Maharashtra Stamp Act, on the Bill of Entry. The company has also sought a refund of Rs 250 crore for the levy it had paid from April 1, 2019, to December 31, 2021, along with interest.It has further argued that it is entitled to the refund since the state never had any authority to levy the said stamp duty on the bills of entry. “We note that the Supreme Court declined to stay the order of the Gujarat High Court in the SLP (Special Leave Petition) filed by the State of Gujarat.

Toyota (TM) projects fiscal 2022 sales to total 29.5 trillion yen, slightly down from the prior projection of 30 trillion yen.

Honda (HMC) envisions fiscal 2022 operating profit of 800 billion yen, up from the prior guidance of 660 billion yen, indicating a year-over-year rise of 21.2%.

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.

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-st

Labor unions from some major automakers asked management to raise their base salary for the first time in two years on Wednesday as the annual spring wage talks began amid the economy''s recovery from the COVID-19 pandemic. Workers at Honda Motor Co. and Mitsubishi Motors Corp. demanded a monthly base wage hike of 3,000 yen ($26) and 1,000 yen, respectively, while the union of Toyota Motor Corp….

BOSTON, Feb. 14, 2022 /PRNewswire/ -- On the face of it, 2021 was a good year for fuel cell electric vehicles (FCEV) in passenger car markets. Toyota, with their second generation Mirai FCEV, and Hyundai, with their NEXO FCEV, both had record sales, which largely made up for Honda

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.

Veteran industrialist Rahul Bajaj, the chairman emeritus of Bajaj Auto and the man who gave the freedom of mobility in the mid-seventies to the middle-class Indian with the Chetak scooter, passed away on Saturday at 83. He was ailing for some time.I dont even want to talk about his success as an industrialist. Everyone knows about Bajaj Auto , said RC Bhargava, the chairman of Maruti Suzuki. But he was absolutely different as a person intellectually honest, spoke his mind and always thought about the nation. He was a wonderful friend, always helped when you wanted him to.I stand on the shoulders of giants, Anand Mahindra, the chairman of the Mahindra Group said on Twitter. Thank you, Rahulbhai, for letting me clamber up onto your broad shoulders, advising me, cheering me on, encouraging me to be bold. Your footprints on the sands of Indian Business will never be extinguished.His legacy can be measured in many ways. With the License Raj, Bajaj had trouble meeting demand for his Chetaks.

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Truckers and supporters block the access leading from the Ambassador Bridge, linking Detroit, Michigan and Windsor, Ontario. | Canadian Press, distributed by the Associated Press Windsor police warned that anyone blocking the streets could be subject to arrest and their vehicles may be seized. The news was met with defiance by protesters. WINDSOR, Ontario A judge on Friday ordered protesters at the Ambassador Bridge over the U.S.-Canadian border to end the 5-day-old blockade that has disrupted the flow of goods between the two countries and forced the auto industry on both sides to roll back production. It was not immediately clear when or if law enforcement officers would be sent in to remove the demonstrators, who parked their pickups and other vehicles in a bumper-to-bumper protest against the countrys COVID-19 restrictions and an outpouring of fury toward Prime Minister Justin Trudeau and his Liberal government. Chief Justice Geoffrey Morawetz of the Ontario Superior Court said during a virtual hearing that the order would be effective at 7 p.m. to give protesters time to leave.

Watch Video A judge on Friday ordered protesters at the Ambassador Bridge over the U.S.-Canadian border to end the 5-day-old blockade that has disrupted the flow of goods between the two countries and forced the auto industry on both sides to roll back production. It was not immediately clear when or if law enforcement officers would be sent in to remove the demonstrators, who parked their pickups and other vehicles in a bumper-to-bumper protest against the country''s COVID-19 restrictions and an outpouring of fury toward Prime Minister Justin Trudeau and his Liberal government. Chief Justice Geoffrey Morawetz of the Ontario Superior Court said during a virtual hearing that the order would be effective at 7 p.m. to give protesters time to leave. Windsor police immediately warned that anyone blocking the streets could be subject to arrest and their vehicles may be seized. Since Monday, drivers mostly in pickup trucks have bottled up the bridge connecting Windsor to Detroit. Hundreds more truckers have paralyzed downtown Ottawa over the past two weeks.

WINDSOR, Ontario — A judge on Friday ordered protesters at the Ambassador Bridge over the U.S.-Canadian border to end the 5-day-old blockade that has disrupted the flow of goods between the two countries and forced the auto industry on both sides to roll back production. It was not immediately clear when or if law enforcement officers would be sent in to remove the demonstrators, who parked their pickups and other vehicles in a protest against the country''s COVID-19 restrictions and an outpouring of fury toward Prime Minister Justin Trudeau and his Liberal government. Chief Justice Geoffrey Morawetz of the Ontario Superior Court said during a virtual hearing that the order would be effective at 7 p.m. to give protesters time to leave. Windsor police immediately warned that demonstrators blocking the streets could be subject to arrest and their vehicles may be seized. The decision came after a 4 1/2-hour court hearing at which the city of Windsor and lawyers for auto parts makers argued that the blockade was causing undue economic harm for the city and region.

Photo by DAVE CHAN/AFP via Getty Images Major automakers are feeling the strain of the anti-vaccine mandate protests in Canada that have blocked several major bridges on the US-Canada border. Honda, Toyota, General Motors, Ford, and Stellantis have all had to cut production in Canada, the US, or both as the anti-mandate protests stretch into their third week. It is the latest supply chain disruption to affect the auto industry, which is still reeling from the semiconductor chip shortage that has slowed production and led to increased prices of both new and used vehicles. The convoy protests began in late January, after a loose affiliation of truckers banded together to drive from western Canada to the nation’s capital of Ottawa to voice opposition to COVID-19 vaccine… Continue reading…