DM Keith has acquired Grimsby’s Westgate Motor Group in a move which sees the group expand the size of its portfolio to ten franchised dealership sites.
Tag: Honda
General Motors asks to avoid Takata airbag recalls for 3rd time
CLOSE Beleaguered Japanese air bag supplier Takata filed for Chapter 11 bankruptcy Sunday night in U.S. bankruptcy court in Delaware and is widely expected to also file for bankruptcy in Japan. Detroit Free Press staff New airbag inflators are installed on the Takata service recall of a 2005 Honda Accord LX at Suburban Honda in… Continue reading General Motors asks to avoid Takata airbag recalls for 3rd time
GM posts strong 2017 despite losses
General Motors headquarters is seen in the Renaissance Center in Detroit. (Photo: Stan Honda / Getty Images) General Motors Co. was the only Detroit automaker to post a net loss in 2017, down $3.9 billion as it adjusts for the new tax law and takes one last hit from the money-losing European business it sold… Continue reading GM posts strong 2017 despite losses
GM reports $3.9 billion loss for 2017
General Motors headquarters is seen in the Renaissance Center in Detroit. (Photo: Stan Honda / Getty Images) General Motors Co. reported Tuesday a loss of $3.9 billion in 2017, due largely to charges related to the new tax law and the Opel-Vauxhall sale, in what the company characterized as a very strong year. Even though… Continue reading GM reports $3.9 billion loss for 2017
Socar Launches in Malaysia
A screen grab of the Socar app. Photo via Socar. South Korea-based carsharing startup Socar has launched in Malaysia, marking its first overseas expansion according to an article by Digital News Asia. The Socar fleet in Malaysia consists of 240 vehicles in the Klang Valley. Vehicles include the Perodua Axia, Honda City, Honda HR-V and… Continue reading Socar Launches in Malaysia
Honda dealers in Spain will achieve a return of 1.5% in 2018
The Japanese car company Honda expects that in 2018 the profitability on turnover of its dealers will reach 1.5%, a figure slightly higher than that of 2017, when, in the absence of the final date of the end of the year, it was in October around 1.3%.
Consolidated Financial Summary for the Fiscal 3rd Quarter
Honda has announced its consolidated financial summary for the fiscal 3rd quarter ended December 31, 2017.
American Honda Reports January Sales Results
Honda Pilot notches 5th straight monthly gain with 62% jump in January Honda HR-V hits new January record as sales climb 10% for the month Honda Civic rises 2.8% on heels of all-time annual record TLX and RLX lead Acura cars to 9.3 percent gain in January, bucking industry trend American Honda Motor Co., Inc.… Continue reading American Honda Reports January Sales Results
SAIC MOTOR can start testing autonomous vehicles in California
On June 28, 2017 SAIC Innovation Center (LLC) officially obtained the California permit for testing self- driving vehicles, that is, SAIC Motor’s autonomous vehicle can be found running on the public road in California. The permit covers two cars and one driver. SAIC becomes the 35th organization to receive a permit, following automakers Ford, GM,… Continue reading SAIC MOTOR can start testing autonomous vehicles in California
All-Time Calendar Year Automobile Production Records
Honda Motor Co., Ltd. today announced a summary of automobile production, Japan domestic sales, and export results for the calendar year 2017 as well as for the month of December 2017. Worldwide Production Calendar Year 2017 December 2017 Units vs.’16 Units vs.’16 Japan 817,500 -0.3% 76,758 -1.5% Outside of Japan 4,419,342 *1 +5.8% 351,676… Continue reading All-Time Calendar Year Automobile Production Records