Honda will recall 294,612 vehicles in the US to fix an issue that may cause engines to stall or suffer a loss of power, the National Highway Traffic Safety Administration said on Wednesday.The recall affects certain 2022-2025 Acura MDX Type-S, 2023-2025 Honda Pilot, and 2021-2025 Acura TLX Type-S vehicles.Honda will recall 294,612 vehicles in the US to fix an issue that may cause engines to stall or suffer a loss of power. REUTERS A software error in the fuel injection electronic control unit (FI-ECU) may c ...

Honda Motor Co.'s (HMC) auto financing arm, American Honda Finance Corp., has been fined $12.8 million by the U.S. Consumer Financial Protection Bureau (CFPB) for allegedly providing inaccurate information that affected the credit reports of hundreds of thousands of Honda and Acura customers.During the COVID-19 pandemic, Honda Finance allowed customers to defer auto loan payments. However, the CFPB found that these accounts were mistakenly reported as delinquent instead of current to credit bureaus. The CFP ...

In this article7267.T-JPHonda 0 Saloon & Honda 0 SUV prototypesHondaLAS VEGAS — Honda Motor on Tuesday at the CES tech conference revealed the company's newest electric vehicles that are set to be produced at a multibillion-dollar manufacturing complex in central Ohio.The vehicles are the Honda 0 Saloon, which is an updated version of a concept car revealed last year at CES, and the Honda 0 SUV. Both "0 Series" vehicles are prototypes, which means they're intended for customer production but could still see ...

The Consumer Electronics Show (CES) has been long known as the premier tech event in the United States. Initially a haven for gadget enthusiasts, it has evolved into a massive stage for the automotive industry. From cutting-edge electric vehicles (EVs) to advanced artificial intelligence (AI) integrations, CES now serves as a pivotal platform for automakers to debut innovations that blend technology and mobility. The 2025 edition, which kicks off today and will run till Jan. 10 in Las Vegas, is expected to ...

The global automotive industry is on the verge of a seismic shift. Honda Motor Co., Ltd. NYSE: HMC, Nissan Motor Co., Ltd. OTCMKTS: NSANY, and Mitsubishi Motors Corporation OTCMKTS: MSBHY have started on a path toward a potential merger. This merger would be a strategic alliance that is poised to create the world's third-largest automaker. The collaboration establishes a united front against the increasing competition, especially from Chinese electric vehicle (EV) manufacturers. This strategic initiative is ...

As the auto industry navigates transformative shifts, two of Japan’s largest automakers, Honda (HMC) and Nissan (NSANY) , are exploring a landmark merger. This bold move aims to create a roughly $50 billion automotive powerhouse to tackle the rising challenges posed by electrification, competition from Chinese automakers and operational inefficiencies. If successful, this merger would make Honda-Nissan the world’s third-largest automaker by sales, trailing only Toyota and Volkswagen (VWAGY) .Consolidation: ...

Key TakeawaysMoody's gave a positive review of the potential merger of Honda and Nissan.Analyst Dean Enjo wrote that the deal would be "credit positive" if done correctly.Former Nissan CEO Carlos Ghosn warned Nissan would face "carnage" if the combination went through. American depositary receipts (ADRs) of Honda (HMC) advanced Tuesday after Moody's gave a positive outlook about the potential merger between the automaker and Japanese rival Nissan. The two companies confirmed yesterday that they planned to ...

Shares of Japanese automaker Honda were on track for their best day in 16 years after it announced to buy back up to 1.1 trillion yen ($7 billion) of its shares on Monday amid merger talks with Nissan.Nissan and Honda said they had begun official negotiations to merge, which could catapult them to the world's third-largest carmaker by sales.Honda also announced to buy back 24% of its issued shares by Dec. 23 next year. Its shares were last up 15.51%, and would clock their best day since October 2008, if gai ...

The auto sector is in focus today, as companies big and small wrestle with Honda Motor (HMC) and Nissan Motor moving forward with merger talks, with plans to reach a conclusion in June of 2025 and potentially form the third largest automaker in the world. With this backdrop, now looks like a good time to check in on three other big-time auto names. Ford Motor Co (NYSE:F) stock is trading at $9.84 today, not too far removed from its Aug. 5 three-year low of $9.49. The $11.30 level has thwarted several rallie ...

In Brief Japanese car giants Honda and Nissan are working out the details of a major merger that could create the world’s third-largest automaker, as the companies look to survive in an industry faced with uncertainty.The Tesla-led shift towards electric vehicles, and China’s increased importance in the automotive market, have companies like Honda and Nissan feeling the pressure to compete. If they go through with the merger, it could be completed by 2026. Nissan’s partner company Mitsubishi is supposed to ...