Seeking Alpha

Honda takes cautious path in the U.S.

  • Honda's (HMC -0.2%) top exec in the U.S warns that automobile sales in the U.S. may have peaked even as manufacturers pull out some of their tricks from the frothy 2006-2008 period.
  • John Mendel thinks the reliance on subprime loans and extended financing by peers could end up being damaging to the industry.
  • Honda has lost 60 bps of market share this year in the U.S. (9.1% from 9.7%) due in part to its cautious approach.
From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector