HMC - Honda Motor Co., Ltd.

Zacks Investment Ideas feature highlights: Tesla, Apple, General Motors, Honda Motor and Ford

Tesla, Apple, General Motors, Honda Motor and Ford have been highlighted in this Investment Ideas article.

Japan's Hitachi Astemo appoints Honda veteran as next CEO

Japan's Hitachi Astemo said on Thursday an auto industry veteran will take over as top executive from Brice Koch, who handled the automotive supplier's response to misconduct over testing and other procedures for components going back as far as the 1980s. Hitachi Astemo, which makes a wide range of car, motorcycle and train parts such as brake systems and powertrains, is a joint venture between Hitachi and major automaker Honda Motor Co Ltd. Honda director Kohei Takeuchi will become its new president and CEO effective July 1, pending the approval of the shareholders and board later this month, Hitachi Astemo said in a statement.

Here's What Could Help Honda (HMC) Maintain Its Recent Price Strength

If you are looking for stocks that are well positioned to maintain their recent uptrend, Honda (HMC) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.

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Is Honda Motor Co. (HMC) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Aston Martin's road car ties to Mercedes unchanged by Honda F1 deal

Mercedes-Benz has a roughly 9.7% stake in the British sportscar maker famed for its association with fictional secret agent James Bond. The German carmaker is also currently the Formula One team's engine provider. The Silverstone-based Formula One team is separate from the road car company but owned by Canadian billionaire Lawrence Stroll, whose Yew Tree consortium is Aston Martin Lagonda's biggest shareholder.

Used-car market in ‘uncharted territory’ as high prices remain sticky, Edmunds says

With spring car buying season in full swing, those looking for a deal in the used car market are likely not going to find one. According to a new report titled “Used Market Enters Uncharted Territory Post-Pandemic” released from car-shopping site Edmunds.com, though used car prices softened a bit recently they still remain historically high. Edmunds’ data scoured from dealer retail pricing finds that the average used vehicle transaction price in Q1 slipped 6.4% year-over-year, but is still up 44% from five years ago.

Here's Why You Should Retain Honda Motor (HMC) Stock for Now

Honda Motor's (HMC) attractive products and frequent collaborations are poised to bolster its revenues. High R&D expenses and commodity and labor costs are major headwinds.

Honda (HMC) Q4 Earnings & Sales Lag Estimates, Decline Y/Y

For fiscal 2024, Honda (HMC) forecasts revenues of 18.2 trillion yen, indicating an uptick of 7.6% year over year.

Honda Motor (HMC) Q4 2023 Earnings Call Transcript

Image source: The Motley Fool. Honda Motor (NYSE: HMC)Q4 2023 Earnings CallMay 11, 2023, 2:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Unknown speaker I thank you very much for taking time out of your busy schedule to attend our press conference.

Honda sees full-year profit rising 19% after missing forecasts in Q4

Japan's Honda Motor Co on Thursday forecast a 19.1% rise in operating profit for this business year, after it missed analysts' estimates in the fourth quarter. Japan's second-biggest automaker forecast full-year operating profit rising to 1.0 trillion yen ($7.40 billion) compared with a 985.62 billion yen average profit expected by 21 analysts.

Analysis-Japan's automakers have a made-in-China sales crisis

Japan's automakers are facing a sales crisis in China, data shows, as a rapid shift to electric vehicles (EVs) has upended the world's largest auto market and led to a plunge in purchases of gasoline-powered cars. Total sales of Japanese auto brands in China were down 32% year-on-year in the first quarter, more than double the pace of the overall market contraction, industry data analysed by Reuters showed. While other automakers like Volkswagen AG have also been caught out by the sharp shift in China, Japanese automakers stand out because of their limited showing in the fast-growing category of electric and plug-in hybrid sales.

Japan to give up to $1.8 billion in subsidies for storage battery, chip projects

TOKYO (Reuters) -Japan will provide as much as $1.8 billion in subsidies for a slate of storage battery and chip-related projects, Industry Minister Yasutoshi Nishimura said on Friday, marking Tokyo's latest push towards greater supply chain security. The government plans to give up to 184.6 billion yen ($1.38 billion) in subsidies for eight storage battery-related proposals and up to 56.4 billion yen for two semiconductor-related projects, Nishimura told reporters. Among the proposals that it will subsidise is a plan by automaker Honda Motor Co Ltd and battery maker GS Yuasa Corp to invest about 430 billion yen to boost storage battery production, with the ministry providing up to 158.7 billion yen in subsidies for the project.

CarMax: Tesla is the most popular pre-owned brand as EV interest spikes

CarMax, the largest used car retailer in the US, is seeing a huge spike in electric vehicle interest. In its annual EV consumer report, CarMax found that search volume for the word “electric” doubled from February of last year to this year, when the retailer compiled data for its last EV report.

Japan's Honda, GS Yuasa to invest $3 billion for battery development, build plant -Nikkei

Japanese automaker Honda Motor Co Ltd and battery maker GS Yuasa Corp will invest over 400 billion yen ($2.99 billion) and team up to produce batteries for electric vehicles (EVs) and homes, the Nikkei newspaper reported on Thursday. The companies will start by building a new plant in Japan, targeting a production capacity of at least 20 gigawatt hours (GWh), the Nikkei added, without citing sources. Japan's Ministry of Economy, Trade and Industry would provide a subsidy of about 150 billion yen, the newspaper added, without specifying whether that would be only for building the factory.

Japan's Honda Motor in strategic collaboration deal with TSMC

TOKYO (Reuters) -Japan's Honda Motor Co said on Wednesday it had struck a strategic collaboration agreement with Taiwan Semiconductor Manufacturing Co (TSMC) as part of efforts to secure a stable supply of semiconductors. Honda will build direct relationships with chip producers for the long-term stable supply of chips, Chief Executive Toshihiro Mibe said at a news conference where he gave an update about the automaker's business strategy. "Honda will work closely together with Tier 1 suppliers and semiconductor makers and move forward with drastic steps," Mibe said, adding it had reached a basic agreement on strategic collaboration with TSMC.

These Are the 7 Best Hondas to Drive Forever

Image source: Getty Images It's no secret: Honda makes some of the most reliable vehicles on the road. But according to a recent study by iSeeCars, there are seven Hondas that seem to outlive the rest -- and, no, the Civic isn't in the top position.

Honda, Kia’s consistent vehicle prices are ‘trading on the strength of their brand’: Expert

Kelley Blue Book Executive Editor Brian Moody discusses the state of the car market and breaks down how the supply and demand dynamics surrounding car inventories are leading to consistent prices for leading brands such as Honda and Kia.

Auto Roundup: GM's Q1 Deliveries, CMI's $1B Investment & More

General Motors (GM) sells 603,208 vehicles in the United States in Q1. Cummins (CMI) is set to invest $1 billion to support the industry's first fuel-agnostic engine platforms operating on low-carbon fuels.

Honda recalls SUVs in cold weather U.S. states over rust risk

Honda Motor said Thursday it is recalling 563,000 CR-V sport utility vehicles sold or registered in cold weather U.S. states because road salt may cause the frame to corrode and possibly detach the rear trailing arm. The recall covers 2007 through 2011 model year CR-V vehicles in 22 states and the District of Columbia where road salt is routinely used. Dealers will inspect and install a support brace or repair the rear frame, as necessary, free of charge.

A Glimpse Into Toyota (TM) & Honda's (HMC) US Sales in Q1

While Toyota's (TM) Q1 US vehicle sales drop 8.8% y/y to 469,558 vehicles, Honda's (HMC) sales rises 6.8% to 284,507 vehicles.

Auto Roundup: WGO to Acquire Lithionics, F Signs Nickel Deal & More

Amid an accelerated e-mobility revolution, Winnebago (WGO) is set to buy Lithionics to power its electric RV offerings. Ford (F) invests in a nickel project in Indonesia to ensure steady supply of the metal.

Honda (HMC) Recalls Nearly 330,000 Vehicles Over Safety Issues

The vehicle recall by Honda (HMC) covers the 2020-2022 Odyssey, 2020-2022 Passport, 2020-2021 Pilot and 2020-2021 Ridgeline.

Pakistan's Honda Atlas extends production shutdown to mid-April

Honda Atlas Cars Pakistan Ltd on Friday announced a 15-day extension to the longest plant shutdown to date, citing the country's current economic crisis, restrictions on opening letters of credit for imports, and halting foreign payments. The company announced an initial shutdown on March 8, which was expected to end on March 31. Honda says that economic challenges in Pakistan have impacted its supply chain.

Auto Roundup: LAD Expands UK Presence, WPRT Incurs Q4 Loss & More

While Lithia's (LAD) buyout of Jardine bolsters its opportunities in the U.K. market, Westport (WPRT) posts disappointing Q4 results with a wider-than-expected loss.

Honda (HMC) Recalls Nearly 500,000 Vehicles Over Safety Issue

Honda (HMC) calls back nearly half a million vehicles in the United States and Canada over a front seat belt latching issue.