Honda’s 1st-quarter operating profit more than doubles to $1.4 billion
Honda revealed that its quarterly operating profit has more than doubled, thanks to the recovery in its production after having suffered from the various natural disasters in 2011 and the... Read more
Honda, Toyota see a big drop in their sales during the first 10 days of May
Toyota and Honda, Japan’s top two brands, have seen a drop in sales during the first 10 days of May as U.S. dealers are starting to feel the full effects of the March 11 earthquake that... Read more
Honda sales up 7.8 percent in 2010, thanks to Civic and CR-V models
In December 2010, Honda’s US division, American Honda Motor Co., sold 129,616 units, a 25.5% increase on a daily selling-rate basis compared to the same month of 2009. For the entire year... Read more
Honda’s sales in November 2010 are only up 4 percent
At a time when Honda should have gained some market share, its November sales in the US are only up by 4% while the whole market is up 11%. Toyota is struggling due to the massive recalls... Read more
The demand in North America and Asia will offset yen, says Honda CFO
Honda announced that it will help offset the effect of the strong yen in emerging market such as North America and Asia. According to Chief Financial Officer Yoichi Hojo, the... Read more
Honda U.S. sales show a 15.6 percent increase in December
December monthly sales of the North American division of Honda amounted to 107,143 units, an increase of 15.6% on a daily selling rate basis. Meanwhile, American Honda's 2009 annual... Read more
Report: Honda sees now a 10 million U.S. market
Because of the dearth of signs of recovery in the auto industry, a senior Honda executive has reduced his estimate for US total industry sales volume from 10.5 million to 10 million for... Read more
Honda nearly triples its annual profit forecasts
Honda Motor Co. announced today that it has nearly tripled its annual profits forecasts, thanks to a dominant motorcycle business and line-up heavy in small cars. The Japanese... Read more
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