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TM or HMC: Which Japanese Auto Giant is the Better Bet?
HMCHonda Motor(HMC) ZACKS·2024-12-03 15:25

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 ...