Dick Colliver, who joined American Honda Motor Co. just as a huge sales kickback scandal was threatening the company and who led Honda to consistent sales success for a decade and a half, has stepped aside as executive vice president of sales.
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Honda has reached a North American milestone by producing its 20 millionth vehicle, based on January production totals to be released this week. Honda began assembling vehicles in Marysville, Ohio, in 1982.
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The Honda engineering team has been tinkering with their V-Flow hydrogen fuel cell technology, and they've now adapted it to a sports car. Currently employed in the FCX Clarity Sedan, the system has been reconfigured for a light weight application with a low center of gravity in a new concept model called the FC Sport.
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Nippon Steel, the world's second largest producer, will consider revising down its production outlook after seeing Toyota and Honda first-quarter output plans due later this month, a company executive has said, adding that the supplier expects demand to start recovering around mid-year.
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Honda Motor's US sales fall last month was similar to the 35% drop seen in December, and it will take several months to bring inventory down to sound levels, chief financial officer Yoichi Hojo has said.
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This week, Auto123.com features the following road tests the Volvo XC60 crossover, the first vehicle in the world equipped with a system designed to prevent low-speed collisions. The Mercedes-Benz B200 Turbo, a powerful, compact German model that's also surprisingly spacious. The Honda Pilot, the ideal solution for hauling around eight people in any road conditions. And check out the video filmed during our test drive of the Subaru Impreza WRX265, the version that rekindles the performance car image of the WRX.
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Honda's UK factory, which builds Civic hatchbacks and CT-V SUVs, and is scheduled to add the Jazz (Fit) later this year, on Friday assembled its last cars before a four-month shutdown as its Japanese parent posted an 89.9% fall in third quarter net profit and halved its full year earning forecast.
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Honda has posted a grim result for its third fiscal quarter ended 31 December with operating profit off 63% and net profit down almost 90%. The company cited falling vehicle sales and unfavourable currency exchange rates as the main reasons.
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Honda has posted a grim result for its third fiscal quarter ended 31 December with operating profit off 63% and net profit down almost 90%. The company cited falling vehicle sales and unfavourable currency exchange rates as the main reasons.
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Honda Motor lowered its annual profit forecasts for a fourth time this year, while rival Toyota Motor's losses are growing as sliding global car sales force the industry to scale back production further.
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Plunging sales in North America and Europe sent operating profit at Honda Motor Co. falling 63 percent in the third quarter, pushing the company to slash its outlook again. Honda now expects operating profit of 140 billion yen ($1.
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The family van from Honda seems to have grown somewhat. At least is sure
feels that way when you have seating for up to eight and some luggage space
left over. That's only on the inside. When you look at the outside, there are wheel flares that broaden front end and if you walk around to the front there is a grille that is dominated by the Honda "H".
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The family van from Honda seems to have grown somewhat. At least is sure
feels that way when you have seating for up to eight and some luggage space
left over. That's only on the inside. When you look at the outside, there are wheel flares that broaden front end and if you walk around to the front there is a grille that is dominated by the Honda "H".
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A federal judge in Rhode Island has lifted a temporary restraining order that prevented American Honda Motor Co. from banning online sales of Honda-backed extended warranty contracts.
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Earlier today, a British newspaper reported that the Formula 1 team currently known as Honda was in talks with the British government in the hope of qualifying for a loan.
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The Formula 1 team currently known as Honda is in talks with the British government in the hope of qualifying for a loan.
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The Formula 1 team currently known as Honda is in talks with the British government in the hope of qualifying for a loan.
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At first glance, the car in our spy shot looks like a Honda Accord Tourer on tiptoes. But on closer inspection, tell-tale signs show it’s designed for the rough stuff.Set to be badged the Honda CUV, the newcomer blends the all-terrain benefits of a 4x4 with the practicality of an estate, and proves the Japanese maker is toughening up to take on the Audi Allroad and Volvo XC70.
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Honda Motor has reported a year-on-year production decrease in Japan for the second consecutive year but said increased output in Asia meant production in regions outside Japan rose for the 12th consecutive year.
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Honda and Suzuki were the only Japanese automakers with higher domestic sales in 2008. Overall, domestic sales fell 4.8 percent from 2007. Light-vehicle sales fell to 4,920,212 in 2008, dragged down by a 13.
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