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Honda Motor Co., Ltd.

5/26/2013, 4:21 AM ET

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Monday, September 17, 2012, 11:46 AM Moody's cuts its forecast for 2013 growth in the auto industry to 2.9% with downwards revisions to sales in Europe and China pushing the overall global projection lower. The ratings agency maintains a stable outlook on the sector for the next year to 18 months, needing an outlook of 5% growth or better to move to a positive outlook. 2 Comments [Consumer]
Tuesday, September 11, 2012, 1:27 PM Shares of Clean Diesel Technologies (CDTI +11%) pop after Honda (HMC +0.6%) announces that it will begin selling its 2013 four and six-cylinder Accord models incorporating CDTI's palladium-only catalyst on September 19. The catalyst design significantly reduces precious metal content and cuts the use of Rhodium by 50%. Comment! [On the Move]
Tuesday, September 4, 2012, 2:39 PM August auto sales wrapup: Small fuel-efficient models led automakers to record a solid month and keep on a 14.5M annual sales pace. Ford (F) backed its recent plan to increase production with broad gains, while GM rode fleet buyers to double-digit growth. Though numbers from Japanese firms (TM, HMC, NSANY.OB) are still out of whack due to last year's earthquake, consumers looking for fuel-efficient models and emboldened with better financing terms came back into the market in force for imports. Chrysler (FIATY.PK) didn't miss out on the fun, with the Dodge Dart roaring to a good debut. 2 Comments [Consumer, Global & FX]
Tuesday, September 4, 2012, 1:04 PM Honda (HMC) August U.S. sales: +59.5% to 131,121 vehicles, 12.1% higher than last month's mark. Honda division +57.9; led by Accord and Civic posting gains of 89% and 106%, respectively. Acura division sales rose 72.8% to 15,646, lifted in part by a record high 2,926 RDX units. (PR) Comment! [Consumer, Global & FX]
Friday, August 31, 2012, 1:13 PM August auto sales preview: The tally for new light vehicles sales in the U.S. is expected to come in strong, with an estimate of 1.255M units marking a 17.2% gain from last year and a seasonally adjusted annualized rate of 14.2M. Perhaps even more relevant to auto stock investors, margins should improve with incentive spending per unit down 6% Y/Y. Japanese automakers should lead the charge again, boosted by earthquake-affected comps, while Volkwagen (VLKAY.PK) and Ford (F) are also tipped for a strong month. Comment! [Consumer, Global & FX]
Wednesday, August 29, 2012, 11:56 AM TrueCar.com predicts sales of new cars in the U.S. will rise 17% in August Y/Y, which translates into an annualized rate of 14.2M, up from 12.1M a year earlier and 14.1M in July. GM and Ford (F) will continue to lose market share as Japan's economy recovers, the report says, adding "Volkswagen is quietly becoming a serious player whose growth can’t be ignored.” 2 Comments [Consumer, U.S. Economy]
Tuesday, August 28, 2012, 6:37 PM The Obama administration releases its final fuel efficiency standards for cars and trucks, requiring each automaker's fleet to reach an average 54.5 miles/gallon by 2025, nearly doubling current levels. To meet the standard, automakers will need to introduce new technologies and sell more alternative fuel vehicles. Critics say the rules will add thousands to new car prices. 80 Comments [Consumer]
Friday, August 24, 2012, 2:00 PM Forecasting firm LMC Automotive sees U.S. automobile sales hitting their highest selling level in 4.5 years during August. The growth rate should hit double-digits for the 4th consecutive months as dealers clear inventory to make way for 2013 models. Looking forward, an optimistic LMC pegs total light-vehicle sales for 2013 above 15M. 1 Comment [Consumer]
Friday, August 24, 2012, 10:27 AM An exec with Honda (HMC+0.5%) says he expects the automaker's sales in the U.S. to increase over 40% in August and push 27% higher for the year. Production is surging as the company continues to play catch-up with inventory after last year's natural disasters devastated manufacturing. Demand is hot for Accord, Civic, and CR-V models in North America with fuel efficiency and affordability in focus. Comment! [Global & FX, Consumer]
Thursday, August 23, 2012, 10:46 AM Honda (HMC -0.3%) sets the hot-selling Toyota Camry in its sights with new models and marketing campaigns designed to topple the vehicle's dominance. The automaker's redesigned Accord midsized sedan offers better fuel-efficiency and new tech toys in a segment where increased competition could bring in lower pricing. 1 Comment [Global & FX, Consumer]
Monday, August 20, 2012, 5:25 AM Japanese car makers face a sales cliff once the state subsidies that have driven revenues this year end. Sales jumped 53% from January-July but are expected to fall 20% in the next quarter. Toyota (TM) and Honda (HMC) hope new models will maintain demand, while Nissan plans to offer support to dealers. Comment! [Consumer, Global & FX]
Monday, August 13, 2012, 2:30 PM A new study indicates that automobile buyers may be increasing their reliance on the Internet reviews as they ponder their various choices. According to Maritz Research, online auto shopping has advanced to the point that 11.4% of recent buyers even skipped taking a test drive before taking the plunge with a new vehicle. It's a disturbing trend for automakers and dealers used to impressing potential customers behind the wheel - instead of in front of the screen. 8 Comments [Consumer, Global & FX]
Monday, August 13, 2012, 2:56 AM Like peers Toyota and Nissan, Honda (HMC) is increasing its output in North America and sharply cutting the number of vehicles it imports into the region from Japan as part of an effort to deal with strong yen. Honda exported 55K vehicles from North America last year, a figure that will rise to 200K once a new Mexican facility starts operations. 2 Comments [Consumer]
Wednesday, August 8, 2012, 10:15 AM Google continues to move forward with its ambitious self-driving car initiative. In a blog post the company says that select employees will use the cars to commute to work and "take over" if the famed Google algorithm goes awry. The industry as a whole has been keeping an eye on the self-driving concept (I, II), but Google picking the Lexus RX450h for its testing could give Toyota (TM -1.1%) a leg up. 3 Comments [Consumer, Tech]
Wednesday, August 1, 2012, 3:40 PM July auto sales wrapup: While GM and Ford (F) saw a disappointing month after fleet sales fell and money-back guarantees failed to perform, Japanese automakers such as Nissan (NSANY.OB), Honda (HMC), Toyota (TM) show outsized gains off of earthquake-influenced comparables. Chrysler (FIATY.PK) may have posted the sweetest month of the bunch, with a brisk 13% sales increase led by resonating new models. The overall trend for the sector is still positive despite the soft month, as industry-wide annual sales remain on a +14M track on the highest growth rate in 5 years. 2 Comments [Consumer]
Wednesday, August 1, 2012, 3:32 PM Honda (HMC) July U.S. sales: +45.1% to 116,944 vehicles, 6.3% below last month's mark. Car sales increased 53%, while truck sales rose 37%. Honda division +46%; led by Accord and Civic posting gains of 70% and 79%, respectively. (PR) 1 Comment [Global & FX, Consumer]