Seeking Alpha
 

Honda Motor Co., Ltd. (HMC)

- NYSE
  • Tue, Jan. 27, 9:47 AM
    • U.S. sales for Honda (NYSE:HMC) are expected to increase 11.3% to 102K units in January, according to an estimate from Kelley Blue Book.
    • Honda market share -20 bps at 8.9%. (estimated)
    • The monthly sales pace should set Honda on the path to eclipse last year's 1% gain in U.S. sales. A new HR-V crossover and updated Pilot could be highlights.
    • U.S. new-vehicles sales are projected to increase 12.9% Y/Y to 1.14M units vs. the polar vortex month of a year ago.
    | Comment!
  • Wed, Jan. 21, 1:27 PM
    • Honda (HMC +0.6%) says it will stick with 3-year and 4-year auto loans despite the recent trend in the industry to push longer-term loans.
    • Last week, execs with the Japanese automaker maintained during interviews at the Detroit Auto Show that rivals are doing stupid things (7-year loans) in order to boost U.S. sales.
    • They noted consumers can end up with negative equity on their cars much faster if they opt for a longer-term loan in a development which could crimp demand in the future.
    • Experian reported recently that more than 25% of auto loans have terms between 73 and 84 months.
    | Comment!
  • Tue, Jan. 20, 7:30 AM
    • Toyota (NYSE:TM) and Honda (NYSE:HMC) plan to produce 6K hydrogen cars and build 35 hydrogen fuel stations in Tokyo ahead of the 2020 Olympics.
    • Last week, Prime Minister Shinzo Abe made a strong commitment to fuel cell development with a promise for aggressive subsidies.
    • Previously: The electric vs. hydrogen debate just got interesting (Jan. 15 2015)
    | Comment!
  • Fri, Jan. 16, 9:03 AM
    • Honda (NYSE:HMC) car registrations +2.6% to 9,922 units in December, according to the European Automobile Manufacturers Association.
    • YTD registrations -4.9% to 133,268 units.
    • Market share: 1.0% in December, 1.0% for the year.
    • EAMA release (.pdf)
    | Comment!
  • Thu, Jan. 15, 8:08 AM
    | 375 Comments
  • Wed, Jan. 14, 2:29 PM
    • Auto sales in India rose 11.8% to 262,795 units in December, according to WardsAuto.com.
    • Sales for 2014 ended at 3.213M units, down 1.8% Y/Y.
    • Higher prices from automakers due to increased excise taxes are expected to hold back demand in 2015.
    • Related stocks: OTCPK:SZKMF, HMC, TTM, OTCPK:BAMXY, OTCQX:VLKAY, OTCPK:NSANY.
    | Comment!
  • Tue, Jan. 13, 12:09 PM
    • Honda (HMC +1.5%) says it will invest $340M in a plant in Ohio in order to increase capacity for energy-efficient vehicles.
    • The Ohio facility produces four-cylinder gas engines with enhanced valves for the automaker.
    • What to watch: Honda plans to introduce a FCV model in 2016 to trail Toyota into the hydrogen segment.
    | Comment!
  • Thu, Jan. 8, 1:49 PM
    • Honda (HMC +1.4%) has been fined $70M by the NHTSA for underreporting warranty claims and injuries related to defects.
    • The Japanese automaker also agreed to a higher level of oversight.
    • The fines were the maximum allowed to be levied by the regulator.
    • Honda recall timeline
    | Comment!
  • Tue, Jan. 6, 8:20 AM
    • The spinoff of Ferrari could give Fiat Chrysler Automobiles (NYSE:FCAU) enough breathing room to seek a merger partner, according to auto industry analysts.
    • The rising cost of developing clean cars in Europe and the U.S. sets the stage for automakers to join forces through mergers and extended partnerships.
    • "Eventually it must happen," notes FCA chief Sergio Marchionne on the topic of mega-mergers.
    • No company is too big to be ruled out of the merger discussions due to the benefits of scaling investment costs and matching strengths/weaknesses in Europe, Latin America, China, and the U.S, note insiders.
    • Automakers: GM, F, TM, FCAU, HMC, OTCPK:NSANY, TSLA, OTCQX:VLKAY, OTCPK:DDAIF, OTC:HYMLF, OTCPK:BAMXY, OTCPK:FUJHY, OTCPK:MMTOF, OTCPK:PEUGF, OTC:RNSDF, TTM, KNDI. OTCPK:SZKMY, OTCPK:MZDAY.
    | 38 Comments
  • Tue, Jan. 6, 2:03 AM
    • Hoping to spur wider use of hydrogen to power vehicles, Toyota (NYSE:TM) says it will share its 5,700 patents related to hydrogen fuel-cells with other carmakers without charging a royalty fee.
    • The move rivals Elon Musk's decision last June to freely license Tesla’s electric-car patents to other automakers to help advance the development of electric-powered vehicles.
    • Toyota is aiming to produce a small number of $57,500 hydrogen-fueled Mirai vehicles this year which will be available globally.
    • Other automakers engaged in fuel-cell development programs: HMC, GM, OTCPK:NSANY, F, OTCPK:DDAIF
    | 16 Comments
  • Mon, Jan. 5, 12:34 PM
    • The average transaction price paid for a vehicles in the U.S. during December rose 1.9% Y/Y and 1.1% M/M to $33,168, according to an estimate from TrueCar.
    • ATP changes (Y/Y): Hyundai (OTC:HYMLF) +9.4%, Subaru (OTCPK:FUJHY) +4.3%, Volkswagen (OTCQX:VLKAY) +3.7%, Nissan (OTCPK:NSANY) +2.7%, General Motors (NYSE:GM) +2.4%, Ford (NYSE:F) +2.2%, Fiat Chrysler Automobiles (NYSE:FCAU) +1.9%, Kia +1.7%, Honda (NYSE:HMC) +1.2%, Toyota (NYSE:TM) -1.3%.
    • Incentive spending as a percentage of ATP was up 8.7% in December vs. +8.8% in November and +8.4% a year ago. The Big Three Detroit automakers were on the higher end, while Subaru and Toyota were the tightest of the bunch.
    • Previous on U.S. auto sales: Fiat Chrysler Automobiles, Ford, General Motors, Toyota
    | 16 Comments
  • Mon, Jan. 5, 8:01 AM
    • Honda (NYSE:HMC) unit sales +1.5% to 137,281 vs. +5.7% consensus estimate.
    • The Honda division had flat sales growth of 119,472 vehicles during the month, while Acura was up 13.1% to 17,809.
    • Sales growth by model: Accord -2.3% to 31,589; Civic -12.6% to 25,337; CR-V +12.6% to 32,369; Acura ILX +10.0% to 1,730; Acura TLX 3,834 (new).
    • What to watch: Honda will introduce the redesigned ILX and its new high-end Acura NSX sports car later this quarter.
    | Comment!
  • Fri, Jan. 2, 9:04 AM
    • Automobile prices in India are set to increase as much as 6% after the government decides not to extend a tax break for manufacturers.
    • Execs with several automakers have already weighed in on the development, saying the higher tax will be passed on to consumes.
    • The development is expected to cut into demand in the short-term for an industry which was starting to gain traction.
    • Related stocks: OTCPK:SZKMF, HMC, TTM, OTCPK:BAMXY, OTCQX:VLKAY, OTCPK:NSANY, OTC:RNSDF.
    | Comment!
  • Thu, Jan. 1, 3:41 AM
    • More than 60M vehicles were recalled in the U.S. in 2014, totaling an average of about two announcements a day and affecting the equivalent of one in five vehicles on the road.
    • GM's (NYSE:GM) defective ignition switch, Honda's (NYSE:HMC) Takata (OTCPK:TKTDY) air bag crisis and Fiat Chrysler's (NYSE:FCAU) flammable gas tanks led the group, doubling the previous U.S. annual recall record set in 2004.
    | 16 Comments
  • Dec. 31, 2014, 9:04 AM
    | 23 Comments
  • Dec. 26, 2014, 6:45 AM
    • On top of its mounting recalls over Takata air bags, Honda (NYSE:HMC) says it’s further delaying the start of sales for the redesigned Legend sedan to conduct additional checks on its radar safety system and hybrid powertrain.
    • Deliveries of Honda’s most expensive sedan will now begin on Feb. 20 in dealerships across Japan.
    • Honda previously pushed back the sale date to Jan. 22 from an initial launch in the fall.
    | Comment!
Visit Seeking Alpha's
HMC vs. ETF Alternatives
Company Description
Honda Motor Co Ltd develops, produces, and manufactures motor products, including small general-purpose engines and scooters and specialty sports cars.