In Brief Honda Motor Co. will stop funding a joint venture with General Motors and Cruise to launch a robotaxi service in Japan, now that GM has pulled the plug on Cruise and its commercial robotaxi ambitions, reports The Nikkei.GM said Tuesday it would cease funding Cruise and instead absorb the company and combine it with its own efforts to develop personal autonomous vehicles.  While GM owns 90% of Cruise, Honda holds a small minority stake alongside other investors like T. Rowe Price and Microsoft. GM ...

Honda is recalling nearly 206,000 Passport and Pilot vehicles that could potentially experience a fuel leak. The automaker announced the move on Thursday, saying the affected 2023-2024 Passport and 2023-2025 Pilot sport utility vehicles “may have an incomplete connection between the fuel filler neck tube and fuel filler pipe that could cause the two components to separate in a crash, allowing fuel to leak and increasing the risk of fire or injury.”Per a National Highway Traffic Safety Administration recall ...

As Japan’s auto industry recovers modestly, the focus is on its two largest players, Toyota (TM) and Honda (HMC) . While Toyota's stock is down 4% and Honda has lost 16% year to date, both have outperformed the industry’s 19% decline.As the industry undergoes a transformation toward electrification and sustainability, both companies are adjusting their strategies to maintain a competitive edge. With Japan’s GDP rebounding and vehicle demand recovering globally, Toyota and Honda stand poised to capitalize on ...

Honda Motor Co., Ltd. (HMC) has established a demonstration facility in Sakura City, Japan, to advance its efforts in mass-producing solid-state batteries. These batteries are expected to offer longer range and greater durability EVs at reduced costs. Unlike conventional lithium-ion batteries, solid-state batteries replace liquid electrolytes with dry conductive materials. This change promises increased energy density and extended battery life but also requires an entirely new production process.Numerous co ...

Honda is the world's largest engine manufacturer, powering about 27 million cars, motorcycles, generators, yard tools, airplanes, and other items. The vast majority of those are powered by internal combustion engines.The company is a supplier of engines to successful Formula 1 teams, maker of some of the most popular cars in the U.S. and around the world, and creator of legendary sports cars: the Type R range of high performance Acura and Honda cars, and models such as the S2000 roadster and NSX supercar.Bu ...

Honda (HMC) reported earnings of 43 cents per share for second-quarter fiscal 2025, missing the Zacks Consensus Estimate of 86 cents. The bottom line also declined from the year-ago profit of $1.07 per share. Quarterly revenues totaled $36.24 billion, surpassing the Zacks Consensus Estimate of $35.6 billion as well as the year-ago period figure of $34.5 billion.Stay up-to-date with the quarterly releases: See Zacks Earnings Calendar.Segmental Highlights For the three-month period, which ended on Sept. 30, 2 ...

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And next, I will explain the second quarter results details. First, the FYÂ'2025 second quarter Honda Group six-month unit sales. Motor cycle business at 10,382,000 units, due mainly to year-on-year increase in Asia. Automobile business, 1,779,000 units mainly due to drop in Asia, in particular, China. Profit before income taxes declined by 137.3 billion yen due to a decline in unit sales in China, decrease in equity method profit due to drop in domestic-related companies' profit, and appraisal loss of fore ...

Table of Contents 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 FOR THE MONTH OF NOVEMBER 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 ...

Honda Motor (HMC) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. ...