Latest Articles
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Exploding Recall Costs Result In 22% Profit Decline For Honda in Fiscal Q3 Results
Honda Motors (NYSE:HMC) announced its earnings for the third quarter of fiscal year 2016 on Friday, January 29th. (Fisacal years end with March.) The company reported a 24% decline in pre-tax profits compared to the prior year, due to increased S...
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Why Honda Kept Incentives Low In November
Honda Motors (NYSE:HMC) saw its U.S. sales decline in the month of November, while fellow Japanese auto makers Toyota and Nissan posted sales gains in the same month. Based on year-over-year comparisons, Honda saw its sales decline by a shade ove...
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Here’s What Will Drive Growth In Honda Motors
Key growth drivers for Honda Motors (NYSE:HMC) include demand for luxury cars in Japan and North America, growing demand for green vehicles, and improving penetration in the motorcycle market, especially in China, India and Indonesia. We believe ...
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Does Honda’s Increased Capital Expenditure Make Sense?
Honda Motors (NYSE:HMC) has increased its capital spending in the past three years and this figure is now the highest among its peers relative to revenues. The company is allocating its capex partly towards improving the production facilities, in...
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Earnings Preview: Strong Trucks, Acura Performance Should Boost Honda’s Profits
Honda Motors (NYSE:HMC) is scheduled to announce its earnings for the second quarter of the fiscal year 2016 on Thursday, November 5th. The Japanese auto maker is undertaking a significant strategy shift this year. Earlier this year, the company ...
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Japanese Auto Makers Post Surprising Sales Gains in September
Honda Motors (NYSE:HMC) and Toyota Motors (NYSE:TM) reported strong growth on a year-over-year basis in unit sales in the U.S. car market in the month of September. Both Japanese automakers benefited from a strong trend in SUV sales in the United...
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Earnings Review: Renewed Quality Focus Boosts Honda’s Profits
Earlier this year, Honda Motors (NYSE:HMC) decided to move in a different direction. The company removed Takanobu Ito from the CEO position and decided to replace him with Takahiro Hachigo. Under Ito, the company had undergone significant change ...
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What Honda Is Doing To Protect Its Margins Amid A Challenging FX Environment
As part of its measures to address margin erosion caused by a strong dollar, Honda Motors (NYSE:HMC) is undertaking changes in its North America operations. Currently, 97% of Honda’s cars sold in North America are manufactured in the regio...
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What Honda Is Doing To Overcome The Slowdown In The Chinese Auto Market
Things seem to be going wrong again for Honda Motors (NYSE:HMC) in China. The Japanese auto maker reported a 4.1% increase in unit sales in 2014, 150 basis points higher than the 2.6% growth in 2013, but its growth slowed to only 0.6% in the firs...
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Earnings Review: Honda Profits Fall On High Quality Costs And Negative Impact Of FX Fluctuations
Honda Motors (NYSE:HMC) announced its earnings for the full fiscal year 2015 on Tuesday, April 28. The company reported a 17.2% drop in net income compared to the last fiscal year, due to high costs associated with the recall of faulty air bags ...
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Earnings Preview: Weak Yen, Rising Acura Sales Could Raise Honda’s Profits
Honda Motors (NYSE:HMC) is scheduled to announce its Q4 earnings on April 24. So far, this has been a year of two halves for the Japanese auto maker. Sales fell for the first six months on a year-over-year basis, forcing the company to downgrade ...
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2015 Will Be A Transition Year For Honda
Japanese auto maker Honda Motors (NYSE:HMC) is undergoing a significant change in 2015. The company’s CEO Takanobu Ito resigned and is being replaced by Takahiro Hachigo. Ito had done a lot to change the way the company operated and had set...
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Why 2015 Could Be A Bumper Year For Honda’s Luxury Car Brand Acura
U.S. Sales of Acura, the luxury car brand of Japanese auto maker Honda Motors (NYSE:HMC), experienced a sharp spike towards the end of 2014. As oil prices have crashed, consumers in the U.S. have found themselves in possession of more cash and de...
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Earnings Review: Recall Costs, Sluggish Domestic Car Sales, Weigh Down Honda’s Operating Profits
Honda Motors (NYSE:HMC) announced its earnings for the third quarter of fiscal 2015 on January 30. The company reported a 15.1% drop in net income compared to the same period last year, due to high costs associated with the recall of faulty air ...
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Earnings Preview: A Weak Yen, Rising SUV Sales In North America Could Boost Honda’s Profits
Honda Motors (NYSE:HMC) is scheduled to announce its Q3 earnings on January 30. During the Q2 earnings release, Honda downgraded its forecasts from 4.83 million vehicle sales for the fiscal year 2015, to 4.62 million, citing challenging business...
