Honda Motor Co., Ltd.NYSE
Yesterday, 7:15 AM
- UBS predicts the era of diesel passengers cars is slowly coming to an end as manufacturers adopt a higher mix of hybrid and electric powertrains.
- The investment firm sees a drop of global diesel market share to 4% in 2025, from a current share of about 13.5%.
- The development is seen as positive for Ford (NYSE:F), General Motors (NYSE:GM), Tesla (NASDAQ:TSLA), Nissan (OTCPK:NSANY), Honda (NYSE:HMC), Toyota (NYSE:TM) and Hyundai (OTC:HYMLF). The slide in diesel market share will hurt Fiat Chrysler Automobiles (NYSE:FCAU), BMW (OTCPK:BMWYY), Peugeot (OTCPK:PEUGF, OTCPK:PUGOY), Renault (OTC:RNSDF) and Volkswagen (OTCPK:VLKAY), warns UBS. European oil refinerers could also feel a neagtive impact.
- Source: Bloomberg
- Previously: EVs a long-term wildcard in the oil market (Dec. 3)
Fri, Dec. 2, 7:21 AM
- Honda (NYSE:HMC) has outsold Toyota in China for the first 11 months of the year on strong demand for its SUV lineup and the new Civic.
- The automaker plans to build a new plant in central China to help it meet the increase in demand.
- Honda's sales in China rose 39.5% to 126,713 units. YTD Honda sales in China are up 28% to 1.1148M units.
Thu, Dec. 1, 2:34 PM
- Honda (NYSE:HMC) unit sales +6.5% to 122,924 units.
- Car sales rose 3% during the month, while truck sales were up 9%.
- Sales in the Honda division increased 8% to 111,308 units, while Acura sales were down 5% to 11,616 units.
- YTD Honda sales +2.9% to 1,477,465 units.
Wed, Nov. 30, 9:59 AM
- A top Trump advisor says the President-elect will only use the threat of tariffs as a last resort.
- While the development isn't a shocker in the political world, a tariff overhang has lingered over Ford (F +0.3%) and Japanese automakers (OTCPK:NSANY, TM, HMC, OTCPK:MZDAY, OTCPK:SZKMY, OTCPK:FUJHY, OTCPK:MMTOF) since the election.
- Some analysts thinks Trump is likely to face increased pushback on dismantling NAFTA from the business world after he sets up in the Oval Office.
Fri, Nov. 25, 9:46 AM
- U.S. automobile sales are expected to increase 4.2% to a record 1.37M units in November, according to a forecast from Kelley Blue Book. The previous high for the month was 1.32M units.
- This November includes two extra selling days than last year which provides an obvious boost. A high level of promotions around the Black Friday weekend is also seen as a sales driver.
- KBB's forecast by automaker: General Motors (NYSE:GM) +8.6% to 249K, Toyota (NYSE:TM) +2.9% to 195K, Ford (NYSE:F) +0.1% to 187K, Fiat Chrysler Automobiles (NYSE:FCAU) -4.5% to 168K, Honda (NYSE:HMC) +9.1% to 126K, Nissan (OTCPK:NSANY) +8.3% to 116K, Hyundai-Kia (OTC:HYMLF) +7.0% to 113K, Subaru (OTCPK:FUJHY) +15.0% to 53K, Volkswagen (OTCPK:VLKAY) +5.5% to 47.5K.
- Tesla Motors (NASDAQ:TSLA) isn't running up the volume quite yet to make the KBB list, but that is expected to change in 2017.
Mon, Nov. 21, 8:01 AM
- Honda Motor (NYSE:HMC) CEO Takahiro Hachigo says the company won't make any production changes in North America until it sees if Donald Trump follows through on campaign promises to dismantle NAFTA.
- "It is still unclear what Trump's policies will be," notes Hachigo.
- Honda operates two major plants in Mexico, with combined annual production of about 260K cars and 100K motorbikes.
Fri, Nov. 18, 10:39 AM
- Fiat Chrysler Automobiles (NYSE:FCAU) and Amazon (NASDAQ:AMZN) are teaming up to sell cars online, according to Reuters. Consumers will still finalize their car purchases at a dealership.
- The initiative will start off in Italy with the Fiat 500, Fiat Panda and Fiat 500L.
- "The time has arrived to give consumers a new, more efficient and transparent way to choose a new vehicle," says Fiat's top exec in Italy.
- Though the Fiat-Amazon tie-up isn't necessarily groundbreaking, it's still another crack in the dealership model that could have implications down the road.
- Related automobile sector stocks: GM, F, TM, HMC, OTCPK:NSANY, TSLA, OTCPK:VLKAY, OTCPK:DDAIF, OTC:HYMLF, OTCPK:BMWYY, TTM, TSLA, AN, KMX, SONC.
- Previously: Amazon launches automotive research portal, Amazon Vehicles (Aug. 25)
Wed, Nov. 16, 9:52 AM
- The Los Angeles Auto Show is off and running this week, with technology companies stealing some of the early headlines.
- Samsung (OTC:SSNLF) got the ball rolling with its huge acquisition of Harman (NYSE:HAR), while Amazon dazzled many by showcasing its connected-car Blue Link technology that uses the AI-heavy Alexa in Hyundai cars.
- Ride sharing platforms are on display, led by BMW's Reach Now program which is a potential Uber (Private:UBER) X competitor.
- Edmunds.com may have sent a bit of shock wave through the auto retailer sector by demonstrating its advanced messaging platform that uses Facebook Messenger to help direct buyers to cars.
- Then there is Olli which is the first self-driving vehicle to use IBM (NYSE:IBM) Watson as its brains.
- There are plenty of new models on display at the Staples Center - including the Alfa Romeo Stelvio, Volkswagen e-Golf, Land Rover Discover, Porsche Panamera and Mazda CX-5. The first look at the Jaguar all-electric I-Pace SUV is one of the more talked about introductions.
- The all-electric Chevy Bolt and Tesla Model X mobile design studio will also be making an appearance in LA. Expect some updates on both as the GM vs. Tesla war starts to get ratcheted up.
- Related automobile sector stocks: GM, F, TM, FCAU, HMC, OTCPK:NSANY, TSLA, OTCPK:VLKAY, OTCPK:DDAIF, OTC:HYMLF, OTCPK:BMWYY, TTM, TSLA, AN, KMX, SONC.
Mon, Nov. 14, 2:15 PM
- The NHTSA passes a new regulation requiring all new electric and hybrid vehicles to make an audible noise at speeds below 19 mph to help protect blind and visually-impaired pedestrians as well as cyclists.
- Manufacturers have until September 1, 2019, to add the sounds to all new hybrid and EVs.
- Department of Transportation press release
- Related auto stocks: GM, F, TM, FCAU, HMC, OTCPK:NSANY, TSLA, OTCPK:VLKAY, OTCPK:DDAIF, OTC:HYMLF, OTCPK:BMWYY, TTM, TSLA.
Sun, Nov. 13, 9:27 AM
- As part of its plan to expand in the growing industry, Honda (NYSE:HMC) expects to ramp up business jet production and assemble 80 planes annually by March 2019, up from 36 currently.
- The company began deliveries of its $4.5M jet in December and has received around 100 orders so far, mainly from customers in North America and Europe.
- It competes with similar-sized aircraft produced by Cessna (NYSE:TXT), Bombardier (OTCQX:BDRAF, OTCQX:BDRBF) and Embraer (NYSE:ERJ).
Wed, Nov. 9, 4:32 AM
- The industry has been betting billions of dollars on globalized production and higher fuel efficiency, but Trump has been talking about moves to effectively reshore jobs to the U.S., while calling climate change into question.
- Related stocks: TM -3.9%, F -1.1%, GM -0.4%, FCAU -0.4%, HMC, OTCPK:NSANY, OTCPK:VLKAY, OTCPK:DDAIF, OTC:HYMLF, OTCPK:BAMXF, TTM
Tue, Nov. 8, 11:04 PM
- Shares of Toyota (NYSE:TM), Honda (NYSE:HMC) and Nissan (OTCPK:NSANY) are all down over 3.2% in Tokyo trading.
- The U.S.-traded ADRs are likely to see a similar drop tomorrow if global markets remain anxious over the U.S. election results.
- The automobile industry is already going through a major period of disruption, which could include a new twist if trade policies are changed dramatically.
- Previously: Japanese automakers eye reset with U.S. strategy (Nov. 8)
Tue, Nov. 8, 9:04 AM
- Japanese automakers (OTCPK:NSANY, TM, HMC, OTCPK:MZDAY, OTCPK:SZKMY, OTCPK:FUJHY, OTCPK:MMTOF) are reconsidering strategy in the U.S. after taking in the strong preference by American buyers for SUVs and trucks. The shift in sales mix has contributed to the rising incentive spending needed to clear inventory.
- Top execs at Toyota say the company will have to be "very careful" with the North American market going forward.
- "It’s a peak and we don’t see a potential for further growth," said Nissan co-CEO Hiruto Saikawa.
- Toyota reported earlier today a sharp drop in FQ2 operating profit. Last weekend, news broke that the company may make a serious pure EV commitment.
- The shifting ground in the automobile industry has long-term implications for suppliers as well.
- Related auto parts stocks: ACW, ALSN, ALV, AXL, BWA, CAAS, CPS, DAN, DLPH, DORM, FDML, FENX, GNTX, JCI, LDL, LEA, LKQ, MBLY, MLR, MNRO, MOD, MPAA, MPG, MTOR, PLOW, SMP, SRI, STRT, SUP, STRT, TEN, THRM, TEN, TOWR, UFAB, VC, VOXX, WBC, ZX.
- Previously: Toyota to go 'full-scale' into EVs (Nov. 6)
- Previously: Overnight earnings roundup (Nov. 8)
Fri, Nov. 4, 7:33 AM
- The WardsAuto Fuel Economy Index for vehicles sold in the U.S. in October increased 0.5% Y/Y to 25.1 mpg (9.4 L/100 km).
- The slightly higher percentage of electrics and plug-in hybrids sold didn't offset the impact of a shift in mix to larger SUVs and trucks.
- A separate measure of average fuel economy in the U.S. from the University of Michigan Transportation Research Institute shows an increase since 2014 in average mpg.
- Back in 2012, the Obama Administration set a target fuel economy rating of 54.5 by 2025.
- Related auto stocks: GM, F, TM, FCAU, HMC, OTCPK:NSANY, OTC:HYMLF.
Tue, Nov. 1, 11:47 AM
- Honda (NYSE:HMC) unit sales -4.2% to 126,261 units to top the Kelley Blue Book forecast for a 5% drop. The automaker's pace of sales was +3.2% on an adjusted day basis.
- Car sales fell 10% during the month, while truck sales were up 2%.
- Sales in the Honda division fell 2% to 113,292 units, while Acura sales were down 20% to 12,869 units.
- Civic sales stayed over 26K for the month to keep the model on pace for a record year. HR-V sales were up 47% to 6,596 units.
- YTD Honda sales +2.6% to 1,354,541 units.
Mon, Oct. 31, 7:02 AM