* Sees annual operating profit 710 bln yen, prior view 700 bln yen * Cuts global group vehicle sales f’cast from previous view * Expects to sell record 5.29 mln vehicles, prior view 5.38 mln (Recasts, adds details on results) TOKYO, July 31 (Reuters) – Honda Motor Co raised its full-year forecast operating profit forecast… Continue reading UPDATE 1-Honda hikes annual profit view, posts surprise Q1 rise on N.America sales
Tag: Honda
Update: Celaya Plant Flooding and Recovery
Due to the overflow of a river near Honda’s auto plant in Celaya, Mexico, all auto and component production was suspended beginning June 28. While the Honda transmission plant in Celaya resumed production on July 9, our expert teams have completed an investigation of the damage to the tooling and equipment at the auto plant,… Continue reading Update: Celaya Plant Flooding and Recovery
Mugen founder Hirotoshi Honda on why he didn’t follow in his father’s footsteps
As things turned out McGuinness couldn’t make the grid but another Mugen factory rider still managed to set a new course record at an average speed of 121.824mph, which is amazing when you consider that when they started six years ago, the bikes couldn’t crack 100mph. These things I learn while we wait. Mr Honda… Continue reading Mugen founder Hirotoshi Honda on why he didn’t follow in his father’s footsteps
Honda plans to sell 8,000 cars in Spain in the fiscal year and achieve a profitability of the network of 1.4%
Posted 7/19/2018 10:13:08 CET The Spanish market is growing “artificially” by the liquidation of vehicles that do not comply with the WLTP, according to Honda JOCHBERG (AUSTRIA), Jul 19 (EUROPA PRESS) – The Japanese automobile firm Honda plans to register 8,000 cars in the Spanish market during the Japanese fiscal year 2018/2019 (from April 2018… Continue reading Honda plans to sell 8,000 cars in Spain in the fiscal year and achieve a profitability of the network of 1.4%
UK joins project for autonomous vehicle platform that can find potholes
Two UK road authorities and Jaguar Land Rover are contributing to a global research project intended to develop a system that could enable autonomous vehicles to spot potholes. Using a platform created by connected tech and transport analytics firm Inrix, JLR, Transport Scotland and Transport for West Midlands will contribute to the development of the AV Road Rules… Continue reading UK joins project for autonomous vehicle platform that can find potholes
Honda Civic Type R to be refreshed next year in hot hatch title defence
Honda will respond to increasingly tough competition against the Civic Type R by refreshing the 316bhp model for 2019. Seen here testing in Germany, the British-built Japanese hot hatch is due to receive minor design changes including tweaked bumpers and new headlights, as shown by the placement of camouflage on the development car. Honda is also… Continue reading Honda Civic Type R to be refreshed next year in hot hatch title defence
UPDATE 1-Ford agrees to $299.1 mln U.S. Takata air bag settlement
WASHINGTON (Reuters) – Ford Motor Co (F.N) agreed to a so-called economic loss settlement of $299.1 million covering at least 6 million U.S. vehicles with potentially faulty Takata air bag inflators, court documents filed in a federal court in Miami on Monday show. The Ford logo is pictured on the company’s stand during the 88th… Continue reading UPDATE 1-Ford agrees to $299.1 mln U.S. Takata air bag settlement
Ford agrees to $299.1 mln U.S. Takata ‘economic loss’ settlement
WASHINGTON (Reuters) – Ford Motor Co (F.N) agreed to a $299.1 million so-called economic loss settlement covering at least 6 million U.S. vehicles with potentially faulty Takata air bag inflators, court documents filed in a federal court in Miami on Monday show. The Ford logo is pictured on the company’s stand during the 88th Geneva… Continue reading Ford agrees to $299.1 mln U.S. Takata ‘economic loss’ settlement
‘Made in America’ is not a priority for Harley-Davidson riders in Europe, says custom motorcycle builder
Harley-Davidson riders in Europe don’t care whether the iconic American motorcycles are made in the United States, custom motorcycle builder Alan Stulberg told CNBC.
Celaya Plant Flooding and Recovery
Due to the overflow of a river near Honda’s auto plant in Celaya, Mexico, all auto and component production was suspended on June 28. As a result, production of the Honda Fit and HR-V in Celaya has been suspended for the month of July. Our teams continue to investigate the damage to the tooling and… Continue reading Celaya Plant Flooding and Recovery