TOKYO — Honda Motor is set to report a group operating profit surpassing 450 billion yen ($3.08 billion) for the first quarter ended June, it was learned Monday, a new quarterly record fueled by strong sales of hybrid vehicles in the U.S. market. Operating profit apparently jumped by roughly 20% on the year. This would… Continue reading Honda to report record Q1 $3bn-plus profit on strong U.S. hybrid sales
Tag: Honda
New Vehicle Inventory Growth Hits a Hiatus
Supply Sees a (Non-Seasonal) Decline for the First Time in Two Years GRAND RAPIDS, Mich., Aug. 5, 2024 /PRNewswire/ — Cloud Theory, the real-time automotive data insights provider for automotive manufacturers, agencies, and affiliates is reporting in August’s On The Horizon that new vehicle inventory ticked down slightly to 2.92 million, a decline of 0.02 million… Continue reading New Vehicle Inventory Growth Hits a Hiatus
Citroen to announce prices for Basalt coupe-SUV on August 7
Citroen will announce prices for the all-new Basalt coupe-SUV on August 7. It will be the brand’s fourth model on the C-cubed program, and essentially is a coupe styled alternative to the C3 Aircross SUV. The Basalt gets notable feature upgrades that have plagued Citroen models so far, and will be offered with two petrol… Continue reading Citroen to announce prices for Basalt coupe-SUV on August 7
Next gen Honda Amaze to debut by year end
The global debut of the new Amaze, Honda’s only new model for India this year, has been pushed to December 2024, Autocar India can confirm. It was earlier slated to go on sale by October to align with the festive season. The Amaze will enter its third generation upon launch, replacing the popular second-generation model… Continue reading Next gen Honda Amaze to debut by year end
Auto retails register strong double-digit gains in July, PV inventory jumps to Rs 73,000 crore
Despite an inclement monsoon season which has impacted different parts of the country, India’s automobile retail sector has registered strong double-digit year-on-year growth of 14% to cross the 2-million-units mark in July 2024. The month-on-month increase too, at 7.31% over June 2024’s 1.89 million units and flat sales, augurs well for India Auto Inc retail… Continue reading Auto retails register strong double-digit gains in July, PV inventory jumps to Rs 73,000 crore
Popular Group aims to double revenue, expands beyond Tamil Nadu
Chennai-based Popular Group, a leading automotive parts distributor, plans to double its revenue from Rs 700 crore to Rs 1,400 crore over the next four years. This ambitious goal will be supported by the company’s expansion beyond Tamil Nadu into new markets and segments. The Group, open to strategic or private equity investments to fuel… Continue reading Popular Group aims to double revenue, expands beyond Tamil Nadu
Audi A2 meets Honda Insight: The future we never got
The A2 isn’t such a featherweight, but an all-in figure of 895kg (although the diesel engine in our version adds 95kg to this figure) is frankly incredible for a car that will comfortably accommodate four adults and contains a useful 390-litre boot. Once again, aluminium is the vital ingredient in creating this low-mass marvel. The… Continue reading Audi A2 meets Honda Insight: The future we never got
Nissan and Honda to co-develop SDVs, EV platforms, batteries and e-axles
Nissan Motor and Honda Motor have announced that they have agreed to carry out joint research in fundamental technologies in the area of platforms for next-generation software-defined vehicles (SDVs). Both companies are promoting R&D and investment in various technologies to promote the spread and evolution of EVs, especially SDVs, which are the scope of study… Continue reading Nissan and Honda to co-develop SDVs, EV platforms, batteries and e-axles
Nissan and Honda to co-develop SDVs, EV platforms, batteries and e-axles
Nissan Motor and Honda Motor have announced that they have agreed to carry out joint research in fundamental technologies in the area of platforms for next-generation software-defined vehicles (SDVs). Both companies are promoting R&D and investment in various technologies to promote the spread and evolution of EVs, especially SDVs, which are the scope of study… Continue reading Nissan and Honda to co-develop SDVs, EV platforms, batteries and e-axles
Nissan and Honda to co-develop SDVs, EV platforms, batteries and e-axles
Nissan Motor and Honda Motor have announced that they have agreed to carry out joint research in fundamental technologies in the area of platforms for next-generation software-defined vehicles (SDVs). Both companies are promoting R&D and investment in various technologies to promote the spread and evolution of EVs, especially SDVs, which are the scope of study… Continue reading Nissan and Honda to co-develop SDVs, EV platforms, batteries and e-axles