Honda Motor Co., Ltd. today announced a summary of automobile production, Japan domestic sales, and export results for the month of January 2018. Worldwide Production January 2018 Units vs.’17 Japan 61,693 -1.9% Outside of Japan 411,302 * +17.6% Worldwide Total 472,995 * +14.6% * Record high for month of January Production Outside… Continue reading Honda Sets Monthly Records for Automobile Production
Tag: Honda
New Toyota magnet cuts dependence on key rare earth metal for EV motors
FILE PHOTO: A Toyota Prius and a Prius V are displayed at the North American International Auto Show in DetroitThomson Reuters TOKYO (Reuters) – Toyota Motor Corp has found a way to reduce the amount of a key rare earth metal used in magnets for electric car motors by around 20 percent, which could tame… Continue reading New Toyota magnet cuts dependence on key rare earth metal for EV motors
Notice Concerning Management Changes
Honda announced that its Board of Directors has decided on changes in its Operating Officers as of April 1, 2018 and June 2018.
Top Automotive Industry News for Week of February 12 – February 18, 2017
Here is the most important news associated with the automotive industry identified by the SEA for the week February 12, 2018 – February 18, 2018. We hope it helps you stay up to speed on the key developments in our industry: -AEA Membership News- The 2018 NADA AEA Member Reception is coming soon! The next… Continue reading Top Automotive Industry News for Week of February 12 – February 18, 2017
New Hendy dealership for Mazda, Kia and Honda in Eastleigh
Hendy Automotive is building a new multi-franchise dealership in Eastleigh Hampshire for Mazda, Kia and Honda. The company’s existing Leigh Road facility will now sell Ford. The new showrooms are expected to employ 90 people and the project is part of a partnership with Eastleigh Borough Council, which retains ownership of the site. Features include… Continue reading New Hendy dealership for Mazda, Kia and Honda in Eastleigh
Honda at Geneva Motor Show: Hybrid, Electric and Sport
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Automakers to provide up to $130 million for Takata’s U.S. settlement
WILMINGTON, Del. (Reuters) – A group of 13 automakers will contribute as much as $130 million to compensate those injured by faulty Takata Corp (TKTDQ.PK) air bag inflators as part of a deal to resolve the Japanese company’s bankruptcy, a U.S. plaintiffs’ attorney told Reuters. The agreement clears the way for the sale of Takata’s… Continue reading Automakers to provide up to $130 million for Takata’s U.S. settlement
UPDATE 1-Ford expands ‘Do Not Drive’ warning to 33,000 more pickup trucks
WASHINGTON (Reuters) – Ford Motor Co (F.N) on Monday warned an additional 33,000 owners of older pickup trucks in North America to stop driving them until potentially defective Takata Corp (TKTDQ.PK) air bag inflators can be repaired. Ford told 2,900 owners of 2006 model year Ford Ranger trucks in January to stop driving immediately after… Continue reading UPDATE 1-Ford expands ‘Do Not Drive’ warning to 33,000 more pickup trucks
Michael Jeffery buys Stirling of Hereford’s Suzuki dealership
Michael Jeffery, which trades as Ponthir Suzuki and Honda has bought Porch 2005’s Suzuki dealership trading as Stirling of Hereford for an undisclosed sum. This is its third Suzuki dealership. The group already represents the brand in Abergavenny and Caerleon in Newport. The company also represents Honda at the Caerleon site. Up until summer 2017,… Continue reading Michael Jeffery buys Stirling of Hereford’s Suzuki dealership
Stirling of Hereford acquired by Ponthir Suzuki and Honda
Stirling of Hereford has been acquired by Ponthir Suzuki and Honda following Motorline earlier acquisition of the group’s Hyundai dealership.