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聚焦价值周期股、人工智能与政策驱动主题-Focusing on Value Cyclicals, AI, and Policy-Driven Themes
2025-12-20 09:54
17 December 2025 | 12:40PM HKT Portfolio Strategy Research ASIA STRATEGY BASKETS Focusing on Value Cyclicals, AI, and Policy-Driven Themes Our strategy baskets provide investors with a unique investment platform to generate ideas and track Asian equities through macro slices, geographic exposure, styles/factors, positioning, and thematic lenses. In this update, we rebalance 50 strategy baskets, which can be tracked in real time on Bloomberg and GS Marquee. Top Basket and Thematic Ideas Alvin So, CFA +852-29 ...
Honda recalls over 70K US vehicles over loss of brake function that could increase crash risk
New York Post· 2025-12-17 18:14
Honda is recalling more than 70,000 US vehicles over a loss of brake function, which could increase the risk of a crash or injury, auto safety regulators said Wednesday.The recall includes certain 2016-2020 Honda Acura ILX vehicles, according to the National Highway Traffic Safety Administration.The automaker said contaminated brake fluid may cause a seal inside the brake master cylinder to swell and deform, triggering an internal brake fluid leak, which can impair brake function.Honda is recalling more tha ...
Honda recalls more than 70,000 US vehicles over reduced brake function, NHTSA says
Reuters· 2025-12-17 08:17
Core Points - Honda is recalling 70,658 vehicles in the United States due to a brake function issue that can increase stopping distance, raising the risk of crashes or injuries [1] Group 1 - The recall affects a total of 70,658 vehicles [1] - The issue is related to reduced brake function, which can extend the distance required to stop [1] - This situation increases the risk of a crash or injury for drivers and passengers [1]
BT share price is down 16% from YTD high: is it safe to buy the dip?
Invezz· 2025-12-17 08:15
Group 1 - The BT share price has experienced a pullback in recent months, reversing some of the earlier gains made this year [1] - The current trading price of BT shares is 182.40p, which represents a 16% decline from the highest point reached in August this year [1]
Honda recalls over 250,000 Accord Hybrids due to potentially devastating software glitch
New York Post· 2025-11-19 20:51
Honda announced Tuesday that it is recalling roughly 256,000 Accord Hybrid vehicles in the US due to a software glitch that could cause “loss of power while driving,” increasing the risk of a crash or injury.The recall covers certain Honda Accord Hybrids between the 2023 and 2025 model years, the supplier said in a press release.“Due to a software error, the integrated control module (ICM) central processing unit (CPU) may reset while driving, causing a loss of drive power,” the National Highway Traffic Saf ...
Honda recalls 256K cars nationwide over potentially dangerous software glitch
Fox Business· 2025-11-18 23:22
Core Viewpoint - Honda is recalling approximately 256,000 Accord Hybrid vehicles in the U.S. due to a software glitch that may lead to a loss of power while driving, increasing the risk of accidents or injuries [1][2]. Group 1: Recall Details - The recall affects specific Honda Accord Hybrids from the 2023 to 2025 model years [1]. - The National Highway Traffic Safety Administration (NHTSA) reported that the integrated control module (ICM) may reset while driving due to a software error, resulting in a loss of drive power [2][5]. - Honda will reprogram the software at no cost to the vehicle owners to address the issue [2]. Group 2: Cause of the Issue - The problem originates from improper software programming by a supplier, which caused the ICM to reset while the vehicle is in motion [5]. - The supplier did not fully understand the intended functionality of the ICM, leading to misinterpretation of normal internal communication issues as serious CPU problems [5]. - Additional features added to the ICM increased electrical load and created more electrical "noise," exacerbating communication disruptions and causing unnecessary system resets that could shut down critical functions, including engine power [8]. Group 3: Warranty Claims and Notifications - As of November 6, Honda had received 832 warranty claims related to the defect, but there have been no reports of injuries or fatalities from December 2022 to October 2025 [12]. - Owner notification letters are scheduled to be mailed on January 5 [10].
Honda to recall over 256,000 U.S. vehicles over software error, NHTSA says
Reuters· 2025-11-18 08:14
Core Point - Honda is recalling 256,603 Accord hybrid vehicles in the U.S. due to a software error that may lead to loss of drive power [1] Company Summary - The recall affects a significant number of vehicles, specifically 256,603 Accord hybrids [1] - The issue is related to a software error, which poses a risk of losing drive power while operating the vehicle [1] Industry Summary - This recall highlights ongoing challenges in the automotive industry regarding software reliability and vehicle safety [1] - The incident may impact consumer confidence in hybrid vehicles and the brand's reputation [1]
Honda to resume regular output at N. America plants after chip supply disruptions
Reuters· 2025-11-18 05:52
Core Viewpoint - Honda Motor is set to gradually resume normal operations at its North American vehicle assembly plants starting Monday, indicating a recovery from production disruptions caused by a shortage of Nexperia chips [1] Group 1 - Honda Motor's North American vehicle assembly plants will begin normal operations again, signaling a positive shift in production capabilities [1] - The production disruptions were primarily due to a shortage of Nexperia chips, which affected the automotive supply chain [1]
Honda Q2 Earnings Miss Expectations, Revenues Decline Y/Y
ZACKS· 2025-11-13 16:16
Core Insights - Honda reported earnings of 60 cents per share for Q2 of fiscal 2026, missing the Zacks Consensus Estimate of 62 cents, but up from 43 cents in the same quarter last year [1] - Quarterly revenues were $35.9 billion, below the Zacks Consensus Estimate of $37.1 billion and down from $36.2 billion year-over-year [1] Segment Performance - The Automobile segment's revenues decreased by 4.6% year-over-year to ¥3.46 trillion ($23.3 billion), with an operating loss of ¥43.4 billion ($292.4 million) compared to an operating income of ¥35.2 billion in the same quarter last year [2] - Motorcycle segment revenues increased by 11% year-over-year to ¥969 billion ($6.53 billion), with an operating profit of ¥179.3 billion ($1.21 billion), up 21% year-over-year [3] - Financial Services segment revenues totaled ¥846.2 billion ($5.7 billion), down 3.3% year-over-year, with an operating profit of ¥58.2 billion ($392 million), down 25% year-over-year [3] - Power Products and Other Businesses generated revenues of ¥100.3 billion ($675 million), up 2% year-over-year, with a narrowed operating loss of ¥78 million compared to ¥3.2 billion in the same period last year [4] Financial Overview and Outlook - As of September 30, 2025, consolidated cash and cash equivalents were ¥4.64 trillion ($31.2 billion), and long-term debt was approximately ¥8.13 trillion ($54.7 billion) [5] - For fiscal 2026, Honda projects consolidated sales volumes of 14.25 million units for Motorcycles, 2.64 million units for Automobiles, and 3.67 million units for Power Products, indicating a 4.1% growth in Motorcycles but declines of 7% and 0.8% in Automobiles and Power Products, respectively [6] - Honda forecasts fiscal 2026 revenues of ¥20.7 trillion, a decline of 4.6% year-over-year, with an operating profit of ¥550 billion, indicating a contraction of 54.7% year-over-year, and a pretax profit forecast of ¥590 billion, suggesting a drop of 55.2% year-over-year [7] Market Position - Honda currently holds a Zacks Rank of 3 (Hold) [8] - Competitors with better rankings include General Motors Company (Rank 1), OPENLANE, Inc. (Rank 1), and Garrett Motion Inc. (Rank 1) [8]
Nissan considering car development with Honda in US, Nikkei quotes Nissan CEO as saying
Reuters· 2025-11-13 11:06
Nissan Motor is considering a joint vehicle and powertrain development with Honda Motor in the United States, Nissan CEO Ivan Espinosa told the Nikkei business daily on Thursday. ...