Honda Motor(HMC)
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Honda Motor(HMC) - 2024 Q4 - Annual Report
2024-06-20 11:31
No.1-7628 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 Contents FOR THE MONTH OF JUNE 2024 COMMISSION FILE NUMBER: 1-07628 HONDA GIKEN KOGYO KABUSHIKI KAISHA (Name of registrant) HONDA MOTOR CO., LTD. (Translation of registrant's name into English) 1-1, Minami-Aoyama 2-chome, Minato-ku, Tokyo 107-8556, Japan (Address of principal executive offices) Indicate by check mark whether ...
Honda (HMC) & Mitsubishi Form JV to Create Budget BEV Brand
ZACKS· 2024-06-14 14:10
Combining Honda's EV and battery technologies with Mitsubishi's power-generation expertise, ALTNA will offer mobility services to reduce EV ownership costs and develop power-supply operations for long-term battery use. ALTNA will handle battery leasing, repurposing and intelligent charging. Seiichi Fukui will become the representative director, president and chief executive of ALTNA. With a range of 152 miles per charge in WLTC mode, the BEV is suitable for commercial deliveries, charging in 4.5 hours at 6 ...
Honda's 2025 Civic hybrids are sporting a new look
Fox Business· 2024-06-13 14:56
Honda rolled out its new 2025 Civic hybrid as demand for vehicles in the category continues to spike. HYBRID VEHICLE SALES REVVING UP AS EV DEMAND SPUTTERS The new hybrid models are also considered a "a key step" in the company's electrification strategy. In 2021, Honda CEO Toshihiro Mibe pledged that electric vehicles and fuel cell vehicles would make up 100% of all sales by 2040. Rather than focusing on only EVs, many companies are investing more in hybrid models. In 2023, the company's hybrid-electric mo ...
Is Japan's Car Industry Facing a ''Dieselgate'' Moment?
ZACKS· 2024-06-12 20:00
In a major blow to Japan's prestigious automotive industry, five leading Japanese automakers — Toyota (TM) , Honda (HMC) , Mazda (MZDAY) , Suzuki, and Yamaha — have been accused of falsifying vehicle safety test data. The scandal bears an eerie resemblance to the 2015 Volkswagen (VWAGY) Dieselgate debacle. The Ministry of Land, Infrastructure, Transport and Tourism of Japan uncovered that Toyota, Honda, Mazda, Suzuki and Yamaha engaged in fraudulent activities during the certification process of certain veh ...
With EVs, Honda may be North America's most committed automaker, for the moment
CNBC· 2024-06-09 13:29
In this article GM Josh Lefkowitz | Getty Images News | Getty Images This spring, there has been a flurry of announcements from the Japanese company, including an $11 billion investment in a Canadian EV hub — the company calls it a "comprehensive EV value chain" — and an EV transformation of Ohio operations. "Each manufacturer has their reasons for their direction," said Bob Nelson, executive vice president of American Honda Motor Co. "The $700 million investment gives us the flexibility to produce ICE [int ...
Ivy League Inspiration: 3 Stocks That Harvard's Endowment Managers Believe In
Investor Place· 2024-06-04 02:36
Today, we focus on the Harvard Management Company ("HMC") and discuss three Harvard endowment stocks. HMC manages Harvard University's substantial endowment fund, valued at well over $50 billion for fiscal year 2023. As a result, many on Wall Street pay attention to the investment decisions made by the fund. HMC's latest SEC filings reveal a concentrated portfolio of twelve securities. The company's leading holdings include Alphabet (NASDAQ:GOOGL) (NASDAQ:GOOG), Meta Platforms (NASDAQ:META), Invesco QQQ Tru ...
Q1 Superstars: 3 Stocks to Buy After Stellar Earnings
investorplace.com· 2024-05-27 20:47
We're approaching the end of first quarter earnings season with 92% of companies listed in the benchmark S&P 500 index reporting results. By and large, it has been a strong period. In all, 78% of companies announced better-than-expected profits, and according to FactSet, 59% beat expectations with their sales. Many analysts are crediting the strong corporate earnings with reversing the stock market decline seen in April. While many companies came in ahead of Wall Street forecasts, a few delivered truly exce ...
Buyback Bonanza: 3 Auto Stocks That Really Believe in Themselves
investorplace.com· 2024-05-23 16:44
With the company flush with profits, it plans to buy back 3.7% of its shares, spending 300 billion yen ($1.92 billion) in the process, the most it's ever doled out on share repurchases. It's always a good sign when an auto company buys back stock, generally meaning that its shares are so cheap it can't say no to buying its shares. In the case of Honda, its shares have gained just 30% over the past five years despite generating significant profits. Here are three other auto stocks buying back stock to expres ...
What Honda's big electric vehicle announcement in Ontario really means
techxplore.com· 2024-05-16 16:38
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: General Motors and Chrysler went bankrupt, dozens of plants were shuttered, and tens of thousands of well-paying auto jobs were lost along Ontario's automotive-producing zone from Windsor to Oshawa. Ontario's auto sector, once the wellspring of the province's prosperity, looked to be in the process of an inevitable decline. It wa ...
Honda Plans To Invest Almost $65 Billion on EV Strategy Through Fiscal 2031
investopedia.com· 2024-05-16 15:30
KEY TAKEAWAYS Japan's carmakers have long produced hybrid vehicles but are increasingly amping up their EV production, even as companies are scaling back their EV expansion plans amid soaring costs and slowing demand. Chinese EV firms have also been launching cheaper models and dominating their domestic market. Honda 'Confident That the EV Shift Will Continue to Proceed Steadily' Honda and domestic rival Nissan said they were exploring an EV partnership in March. Honda said Thursday that it believes that EV ...