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Wednesday Morning Auto News, Nov 06, 2024: BMW, Honda profits tank. Tesla jumps on Trump win. BMW dumps much of Rolls-Royce stake. More.
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China woes weigh on profits at Toyota, Honda and BMW
$75 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT… Continue reading China woes weigh on profits at Toyota, Honda and BMW
Retail auto sales surge 32% in October 2024 on festive season high
The Indian automotive sector witnessed a remarkable surge in retail sales during October 2024, with overall vehicle sales jumping 32% year-over-year, driven by the convergence of major festivals and strong rural demand. According to data released by the Federation of Automobile Dealers Associations (FADA), total vehicle retail sales reached 28,32,944 units in October 2024, compared… Continue reading Retail auto sales surge 32% in October 2024 on festive season high
New Honda battery electric lawn mowers will be made in the USA
Honda is set to introduce a full line of battery electric walk-behind consumer and zero turn electric riding lawnmowers to its US power equipment dealers for 2025. Gas-powered lawn equipment is horrible for public health — so much so that a single two-strike leaf blower can produce significantly more harmful carbon emissions than a conventional… Continue reading New Honda battery electric lawn mowers will be made in the USA
Honda’s Prologue electric SUV is taking the US by storm
Honda’s first electric SUV, the Prologue, is already a top-selling EV in the US. With demand picking up, the Honda Prologue is shaping up to be a hit. Honda Prologue EV sales are picking up in the US The electric SUV was the fifth best-selling EV in the US, with sales topping 12,600 in the… Continue reading Honda’s Prologue electric SUV is taking the US by storm
EICMA 2024: Honda showcases e-bike concepts, electric scooter
Last year at EICMA, Honda had a diverse lineup on offer and this year too, Big Red continues that trend. The Japanese giant has shown a range of electric scooter and bike concepts at the show, with one e-scooter slated to go into production soon. Honda CUV e: electric scooter The CUV e: electric scooter… Continue reading EICMA 2024: Honda showcases e-bike concepts, electric scooter
EICMA 2024: Honda showcases e-bike concepts, electric scooter
Last year at EICMA, Honda had a diverse lineup on offer and this year too, Big Red continues that trend. The Japanese giant has shown a range of electric scooter and bike concepts at the show, with one e-scooter slated to go into production soon. Honda CUV e: electric scooter The CUV e: electric scooter… Continue reading EICMA 2024: Honda showcases e-bike concepts, electric scooter
Honda Motorcycle & Scooter sales rise 21% in October
Honda Motorcycle & Scooter India registered total dispatches of 5,97,711 units in October, marking a 21% year-on-year increase. Domestic sales accounted for 5,53,120 units, with exports reaching 44,591 units, up by 20% and 48%, respectively, over October 2023. HMSI’s April-October 2024 sales total 37,56,088 units, with domestic sales contributing 34,34,539 units and exports 3,21,549 units.… Continue reading Honda Motorcycle & Scooter sales rise 21% in October
@Honda: Honda to Begin European Verification Test of Battery Sharing Service with GoCimo
Honda Motor Co., Ltd. (Honda) and GoCimo (formerly known as GoCiklo) (CEO: Mattias Tingvall), a Swedish start-up that operates rental and sharing service of electric motorcycles with swappable batteries, will commence a battery sharing service verification test in Malmö, Sweden in February 2025 for a period of one year. The purpose of the test is… Continue reading @Honda: Honda to Begin European Verification Test of Battery Sharing Service with GoCimo