Honda Motor Co Ltd says it will invest $11 billion to set up an EV hub in Ontario, Canada. Shares of the automaker are in the red at writing. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Honda expects vehicle production to begin in 2028Copy link to sectionThe investment, as per the Japanese firm, will establish a “comprehensive EV value chain” with new assembly and battery facilities as well as factories to support production of electric vehicles.  ...

A Brand new Honda Pilot is displayed on the sales lot at Honda Marin on February 06, 2024 in San Rafael, California.DEROIT – Honda Motor and its joint venture partners plan to invest $11 billion in Ontario, Canada to create a "comprehensive EV value chain," the Japanese automaker announced Thursday.The company said the plans include new assembly and battery plants as well as other facilities to support production of the all-electric and fuel cell-powered vehicles.Honda said vehicle production will begin in ...

In the latest market close, Honda Motor (HMC) reached $34.58, with a +0.09% movement compared to the previous day. The stock fell short of the S&P 500, which registered a gain of 1.2% for the day. On the other hand, the Dow registered a gain of 0.69%, and the technology-centric Nasdaq increased by 1.59%.Coming into today, shares of the automaker had lost 7.32% in the past month. In that same time, the Auto-Tires-Trucks sector lost 11.58%, while the S&P 500 lost 4.16%.The upcoming earnings release of Honda M ...

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: Honda hopes to sell only zero-emission vehicles by 2040, with a goal of going carbon-neutral in its own operations by 2050. Japanese auto giant Honda will open an electric vehicle plant in eastern Canada, a Canadian government source familiar with the multibillion-dollar project told AFP on Monday. The federal government as we ...

Honda Motor Co., Ltd. (HMC) plans to introduce six next-generation electric vehicle (EV) models under its new brand, Ye, in China, by 2027. Ye is Honda’s third brand in China after e:N and Lingxi. This brand will flaunt a new H mark to represent its next-generation EVs.The new models will be based on a newly developed EV platform customized for the Chinese market. Ye P7 and Ye S7, the first two crossover models, will hit the market by the end of 2024. The next-gen EV models will be offered in single and dua ...

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 FEBRUARY 2024 COMMISSION FILE NUMBER: 1-07628 HONDA GIKEN KOGYO KABUSHIKI KAISHA (Name of registrant) Exhibit 2: Notice Concerning Acquisition of the Company's Own Shares (Acquisition of the Company's own shares pursuant to the Articles of Incorporation of the Company in accordance with Article 459, Paragrap ...

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 2023 COMMISSION FILE NUMBER: 1-07628 HONDA GIKEN KOGYO KABUSHIKI KAISHA (Name of registrant) HONDA MOTOR CO., LTD. (Translation of registrant's name into English) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: ...

Company Participants Conference Call Participants Thank you very much for coming despite your busy schedule today. We would like to now start Honda Motors Company Limited's briefings on FY 2024 Q1 Financial Results. Eiji Fujimura Unidentified Company Representative Masao Kawaguchi Unidentified Company Representative Eiji Fujimura In Q1 FY24, with the improved fixed cost structure that we have been optimizing, we maximized the effect of increased sales unit, mainly in North America, and achieved the signific ...

Unidentified Company Representative We have interpretation service, for the non-Japanese investors and analysts. Thank you for your understanding. First of all, let me introduce today's speakers. We have Eiji Fujimura, Executive Officer and CFO. Eiji Fujimura Unidentified Company Representative Finally I am [Diva] from IR department, and I will be facilitating today's meeting. So without further ado, I would like to have Fujimura to provide a summary on the 2024, Q1 financial results followed by the details ...

How we move you. create ▸ transcend, augment Fiscal First Quarter Ended June 30, 2024 Financial Results August 7, 2024 Financial Summary ■ Q1 Ended June 30, 2024 Financial Results Operating Profit 484.7 bil. yen ・ Operating Margin 9.0% -Motorcycles：Contributions from increased unit sales mainly in India and Brazil -Automobiles：Contributions from strong sales of HEV models and Pricing that reflects increased product value FYE March 31, 2024 （Apr. to Jun.） Operating Profit (Operating margin) Total Motorcycles ...