Edition:
United States

Honda Motor Co Ltd (HMC)

HMC on New York Consolidated

29.72USD
21 Sep 2017
Change (% chg)

$0.07 (+0.24%)
Prev Close
$29.65
Open
$29.65
Day's High
$29.72
Day's Low
$29.59
Volume
162,448
Avg. Vol
609,988
52-wk High
$32.17
52-wk Low
$27.05

Latest Key Developments (Source: Significant Developments)

Honda says reaches agreement to settle Takata Airbag inflator MDL
Friday, 1 Sep 2017 02:00pm EDT 

Sept 1 (Reuters) - Honda Motor : :Honda says reached agreement to resolve economic loss claims in Takata Airbag inflator multidistrict class action litigation in the United States.‍Honda says as part of settlement valued at $605 million , Honda will create fund of nearly $200 million to augment its recall efforts​.Honda says settlement also establishes fund to reimburse out-of-pocket costs incurred by Honda customers in obtaining the free replacement part‍​.Honda - Agreement covers Honda, Acura vehicles already recalled or subject to any future recall for Takata inflators used in some airbag modules in U.S..  Full Article

American Honda Motor reports August sales of 146,015 Honda and Acura vehicles
Friday, 1 Sep 2017 11:49am EDT 

Sept 1 (Reuters) - American Honda Motor: :American Honda Motor says reported total august sales of 146,015 Honda and Acura vehicles, a slight decrease of 2.4 percent versus August 2016.  Full Article

Honda Cars India says August sales grew 25 pct y-o-y
Friday, 1 Sep 2017 09:03am EDT 

Sept 1 (Reuters) - Honda Motor Co Ltd <7267.T>:Honda Cars India-registers 25 pct sales growth in August 2017.Honda Cars India - monthly domestic sales of 17,365 units in August 2017 versus 13,941 units last year.  Full Article

Honda says July China vehicle sales up 11.6 pct y/y
Wednesday, 2 Aug 2017 02:12am EDT 

Aug 2 (Reuters) - Honda Motor Co Ltd <7267.T> says::July China vehicle sales total 113,803 units, up 11.6 percent y/y, versus a rise of 17.7 percent in June.Jan-July China vehicle sales total 757,970 units, up 17.6 percent y/y, versus an increase of 20.7 percent year ago.  Full Article

American Honda Motor reports total July sales of 150,980 Honda and Acura vehicles, down 1.2 pct
Tuesday, 1 Aug 2017 12:28pm EDT 

Aug 1 (Reuters) - American Honda Motor Co::Total July 2017 sales of 150,980 Honda and Acura vehicles, a decrease of 1.2 percent versus July 2016.  Full Article

Honda Cars India posts 22 pct sales growth in July 2017
Tuesday, 1 Aug 2017 08:07am EDT 

Aug 1 (Reuters) - Honda Cars India Ltd : :Registers 22% sales growth in July 2017.Monthly domestic sales of 17,085 units in July 2017 against 14,033 units in corresponding month last year.Exported a total of 350 units in July 2017.Post-GST price benefits, healthy monsoon and onset of festive season in many regions from August to give another boost to sales.  Full Article

Citi Retail Services expands partnership with American Honda Motor
Wednesday, 26 Jul 2017 10:08am EDT 

July 26 (Reuters) - Citi Retail Services::Citi Retail Services expands partnership with American Honda Motor Corp..Long-term agreement with American Honda Motor to provide private label credit card program for Honda's Powersports dealer network nationwide.  Full Article

American Honda Motor says notified NHTSA of rupture of Takata airbag inflator on June 18, 2016‍​
Monday, 10 Jul 2017 01:24pm EDT 

July 10 (Reuters) - American Honda Motor Co Inc : :American Honda Motor says has notified NHTSA of rupture of Takata driver’s airbag inflator in 2001 Honda Accord on June 18, 2016‍​.American Honda Motor Co says the individual died the next day from injuries sustained when the airbag deployed ‍​.American Honda Motor - Airbag rupture occurred while individual was attempting to perform unknown repairs inside vehicle while ignition switch was “on”.American Honda Motor says has shared all of the available vehicle history information collected to date with NHTSA‍​.American Honda Motor says will continue to cooperate with NHTSA throughout the process of the investigation.American Honda Motor - "Difficult to determine" whether cause of individual's death was inflator rupture or interaction of hammer with deploying airbag.  Full Article

Honda Cars India June domestic sales up 12.2 pct
Tuesday, 4 Jul 2017 08:01am EDT 

July 4 (Reuters) - Honda Cars India Ltd::Monthly domestic sales of 12,804 units in June 2017 against 11,407 units in corresponding month last year, growth of 12.2 percent.Exported a total of 450 units in June 2017."we foresee that GST rollout, good monsoon forecast and upcoming festive season will further improve buyers' sentiment".  Full Article

Honda June China vehicle sales +17.7 percent y/y
Tuesday, 4 Jul 2017 02:09am EDT 

July 4 (Reuters) - Honda Motor Co Ltd <7267.T> says::June China vehicle sales total 113,769 units, +17.7 percent y/y, versus +16.2 percent in May.January-June China vehicle sales total 644,167 units, +18.7 percent y/y, versus +17.7 percent year ago.  Full Article

Photo

Honda invests $267 million, to add 300 jobs for new Accord model

DETROIT Honda Motor Co Ltd said on Monday its has invested $267 million and will add 300 new jobs to support increased production of its revamped 2018 Accord sedan model at the Japanese automaker's plant in Marysville, Ohio.