Honda Motor Company Stock News

Honda Motor Co. on Wednesday raised its full-year net profit forecast to 670 billion yen ($5.80 billion) from an earlier projection of 555 billion yen as it increased efforts to cut costs amid an ongoing shortage of chips. The company also revised upward its operating profit outlook for the current business year through March to 800 billion yen from the previous forecast of 660 billion yen whil

Honda has reported its profit dropped 32% in the last quarter as rising material costs and a shortage of computer chips hurt the Japanese automaker

TOKYO (AP) Hondas profit dropped 32% in the last quarter as rising material costs and a shortage of computer

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.

TOKYO: Tokyo stocks closed higher on Tuesday as expectations for economic recovery were partly offset by concerns over tensions between the United States and China, with investors focused on corporate earnings reports. The benchmark Nikkei 225 index ended up 0.13 percent, or 35.65 points, at 27,284.52 while the broader Topix index was up 0.42 percent, or 8.07 points, at 1,934.06 at the close. "Reports that the number of new coronavirus infections are declining in the US prompted gains for the Nikkei in early trade, on hopes for the resumption of economic activity," Okasan Online Securities said in a note. But the upward movement was short-lived "as risk-aversion grew on worries about US-China relations", it added. European stocks rally at open after Tokyo, US gains The dollar fetched 115.41 yen in Asian trade, against 115.10 yen in New York late Monday. Toshiba was down 1.77 percent at 4,715 yen after it unveiled plans to split into two companies, revising a controversial proposal to divide into three following a tumultuous period for the storied industrial conglomerate.

Awards and accolades keep rolling in for Canadian built Honda Civic MARKHAM, ON , Feb. 7, 2022 /CNW/ - Hot off the heels of a North American Car of the Year Award and achieving the best-selling car in Canada for 24 straight years, Honda Canada is thrilled to announce that the 2022 Honda Civic has been named Best Small Car - Canadian Car by the Automotive Journalists Association of Canada . This marks the 9 th time that Honda has brought home a category award since 1992. Full story available on Benzinga.com

NEW DELHI: South Korea''s Hyundai Motor faced calls on Monday for a boycott of its cars from Indians incensed over a tweet from the account of its Pakistan partner that expressed solidarity for the people of Illegally Indian Occupied Jammu and Kashmir (IIOJK). The row erupted on Sunday, a day after Pakistan marked the annual Kashmir Solidarity Day and the posts on behalf of Hyundai''s partner Nishat Group appeared on Twitter, Facebook and Instagram commemorating the sacrifices of Kashmiris struggling for self-determination. Hundreds of social media users in India backed calls for a boycott, saying Hyundai must apologise for being insensitive to India''s position on the decades-old dispute. Dozens of Indians posted their intention to cancel orders for Hyundai cars in order to punish the company while urging support for homegrown brands like Tata Motors and Mahindra & Mahindra. Responding to the furore, Hyundai''s India unit said that it has a "zero tolerance policy towards insensitive communication and we strongly condemn any such view". "The unsolicited social media post linking Hyundai Motor India is offending our unparalleled commitment and service to this great country," @HyundaiIndia said, adding that it stands firmly behind its "strong ethos of respecting nationalism".

NEW DELHI: South Korea''s Hyundai Motor faced calls on Monday for a boycott of its cars from Indians incensed over a tweet from the account of its Pakistan partner that expressed solidarity for the people of Illegally Indian Occupied Jammu and Kashmir (IIJOK). The row erupted on Sunday, a day after Pakistan marked the annual Kashmir Solidarity Day and the posts on behalf of Hyundai''s partner Nishat Group appeared on Twitter, Facebook and Instagram commemorating the sacrifices of Kashmiris struggling for self-determination. Hundreds of social media users in India backed calls for a boycott, saying Hyundai must apologise for being insensitive to India''s position on the decades-old dispute. Dozens of Indians posted their intention to cancel orders for Hyundai cars in order to punish the company while urging support for homegrown brands like Tata Motors and Mahindra & Mahindra. Responding to the furore, Hyundai''s India unit said that it has a "zero tolerance policy towards insensitive communication and we strongly condemn any such view". "The unsolicited social media post linking Hyundai Motor India is offending our unparalleled commitment and service to this great country," @HyundaiIndia said, adding that it stands firmly behind its "strong ethos of respecting nationalism".

One person is dead and another critically injured after a crash between Mustang and Honda on westbound 30, East of Loop 12 on Feb. 6.

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Pune, India, Feb. 02, 2022 (GLOBE NEWSWIRE) -- The global Motorcycle market size to hit USD 485.67 billion in 2028 at a CAGR of 7.2% in the 2021-2028 period. The rise in CAGR is attributable to this market''s demand and growth, returning to pre-pandemic levels once the pandemic is over. According to industry professionals and motorcycle manufacturers such as Honda, Harley-Davidson, and Triumph Motors, as cities emerge from the quarantine phase in various regions, two-wheelers are increasingly seen as ideal transportation. Collaboration of Bosch with Ducati to Stimulate Growth On December 17th, 2019, the biggest Ducati event in the World, Bosch showcased a series of theoretical and practical activities that explained the theme of safety, joined with driving pleasure, in the foreground. Bosch has renewed its presence together with Ducati in the Ducati Riding Experience (DRE) Road driving course, after the inauguration of 2017. The event was held at Misano World Circuit Marco Simoncelli. Bosch and Ducati have validated their avant-garde security field in synergy with safety protocols to build net-gen motorbikes.

Top passenger vehicle makers, Maruti Suzuki, Hyundai, Mahindra & Mahindra, Toyota Kirloskar Motor and Honda, on Tuesday reported decline in vehicle dispatches from factories to dealers in January amid shortage of semiconductors continuing to hamper production. However, Tata Motors and Skoda Auto India posted huge jump in their domestic wholesales during the month. Maruti Suzuki India''s domestic sales slipped by 8 per cent to 1,36,442 units last month as against 1,48,307 units in January 2021. "The shortage of electronic components had a minor impact on the production of vehicles which are primarily sold in domestic market. The company took all possible measures to minimise the impact," MSI said in a statement. Similarly, Hyundai Motor India Ltd reported a 15.35 per cent drop in its domestic sales to 44,022 units last month against 52,005 units in January 2021. In contrast, Tata Motors'' total passenger vehicles sale was higher at 40,777 units last month as compared to 26,978 units

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

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