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Honda Motor Co Ltd (HMC)

HMC on New York Consolidated

27.62USD
25 May 2017
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Latest Key Developments (Source: Significant Developments)

Lootom Telcovideo Network sees Q1 FY 2017 net profit down 5 pct to 25 pct
Monday, 10 Apr 2017 05:48am EDT 

Lootom Telcovideo Network Co Ltd <300555.SZ> : Sees Q1 FY 2017 net profit to decrease by 5 percent to 25 percent, or to be 8.1 million yuan to 10.3 million yuan . Says Q1 FY 2016 net profit was 10.9 million yuan .The reason for the forecast is seasonal influencer.  Full Article

American Honda nets new march sales records
Monday, 3 Apr 2017 07:00am EDT 

American Honda Finance Corp : American Honda nets new march sales records .American Honda Motor Co Inc says reported total march sales of 137,227 Honda and Acura vehicles, a decrease of 0.7 percent over March 2016.  Full Article

Honda Manufacturing of Alabama announces investment of $85 mln for multi-phase project
Monday, 27 Mar 2017 11:26pm EDT 

Honda Manufacturing of Alabama: announced an investment of $85 million for multi-phase project in Alabama . construction for initial phase of the project is expected to be completed in 2018 Source http://bit.ly/2osMKVa ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

American Honda Motor Co advises owners of vehicles affected by Takata airbag inflator recalls to seek repair immediately
Monday, 27 Mar 2017 01:08pm EDT 

American Honda Motor Co:Honda advises owners of vehicles affected by Takata airbag inflator recalls to seek repair immediately.  Full Article

Honda Motorcycle & Scooter India appoints Minoru Kato as president, CEO
Monday, 27 Mar 2017 05:49am EDT 

Honda Motorcycle & Scooter India: Top management change in Honda Motorcycle & Scooter India Pvt. Ltd . Minoru Kato is appointed as new president & CEO, Honda Motorcycle & Scooter India Pvt. Ltd .Keita Muramatsu - current president & ceo, hmsi bids adieu to india after 6 years.  Full Article

Hung Poo Real Estate Development to change English name to Hong Pu Real Estate Development Co., Ltd.
Thursday, 23 Mar 2017 08:00am EDT 

Hung Poo Real Estate Development Co Ltd <2536.TW>:Says it will change its English name to Hong Pu Real Estate Development Co., Ltd..  Full Article

American Honda Finance enters into credit agreements
Wednesday, 8 Mar 2017 05:12pm EST 

Honda Motor Co Ltd <7267.T> : Says entered into credit agreements including $3.5 billion 364-day unsecured revolving credit facility, which expires on March 2, 2018 . Says entered into credit agreements including $1.4 billion, 5 year unsecured revolving credit facility, which expires on March 3, 2022 .Says entered into credit agreements including $2.1 billion, 3 year unsecured revolving credit facility, which expires on March 3, 2020.  Full Article

GM, Honda announce executive structure for their JV, Fuel Cell System Manufacturing
Tuesday, 7 Mar 2017 12:13pm EST 

General Motors Co : Co, Honda announced executive structure for their joint venture company, Fuel Cell System Manufacturing LLC . Suheb Haq of GM will serve as president of FCSM, and Tomomi Kosaka of Honda will be the new company’s vice president . FCSM will include a board of directors consisting of three executives from each company that will include a rotating chairperson .Co, Honda plan to rotate the positions of president and vice president for Fuel Cell System Manufacturing, every two years.  Full Article

Honda says invests nearly $150 mln to begin U.S. production of 10-speed transmission
Monday, 6 Mar 2017 02:25pm EST 

American Honda Motor Co. Inc:Honda invests nearly $150 million to begin U.S. Production of new 10-speed transmission.  Full Article

Honda says Feb China vehicle sales +41.4 pct y/y
Thursday, 2 Mar 2017 12:59am EST 

Honda Motor Co Ltd <7267.T> says: Feb China vehicle sales total 81,125, +41.4 pct y/y, versus +5.3 percent in Jan .Jan-Feb China vehicle sales total 194,169, +17.9 pct y/y, versus +9.0 percent year ago.  Full Article

More From Around the Web

UPDATE 1-Daicel, Toyota affiliate plan capital tie-up to expand air bag businesses

TOKYO, May 19 Japanese chemicals maker Daicel Corp and auto parts maker Toyoda Gosei Co said on Friday they will invest 1 billion yen ($8.98 million) in each other's equity, deepening ties as both companies expand their global air bag businesses.