QUOTE AND NEWS
The Hindu Business Line  10 hrs ago  Comment 
Rolls out CB Unicorn 160 cc bike
The Times of India  11 hrs ago  Comment 
Honda Motorcycle & Scooter India (HMSI) announced its aggressive 'Bigger, Better & Bolder' roadmap for FY'2015-16 on Friday and launched its brand new premium motorcycle CB Unicorn 160 for the Chennai market.
The Times of India  Feb 4  Comment 
India is all set to overtake Indonesia as the top two wheeler market for Japanese auto major Honda Motor Company globally.
Motley Fool  Feb 4  Comment 
The Acura rebounded in 2014, and things are only getting better for Honda’s luxury brand.
The Times of India  Feb 4  Comment 
Japanese auto major Honda is undertaking an aggressive market expansion ride in the Indian two-wheeler segment with 15 new launches in the next fiscal year, while setting eyes on annual sales of 50 lakh units.
Automotive World  Feb 3  Comment 
American Honda and the Honda Division set new January records as Fit, CR-V and Pilot top prior monthly records with double digit percentage gains over January 2014 Both the Honda and Acura Brands set new light truck sales records for January Acura...
Insurance Journal  Feb 2  Comment 
By the time Carlos Solis IV laid eyes on the silver Honda Accord in a Texas used-car lot last April, the sedan had changed hands twice, been in at least two crashes and still had a defective air bag that … The article Fatal Houston...
Automotive World  Feb 2  Comment 
Subcompact Fit achieves both an NCAP 5-Star Overall Vehicle Score and an IIHS TOP SAFETY PICK rating Fit is the fifth Honda vehicle for 2015 to achieve top crash safety ratings from both from IIHS and NHTSA The spacious, fuel-efficient and...
Automotive World  Feb 2  Comment 
The Hindu Business Line  Feb 2  Comment 
Two—wheeler manufacturer Honda Motorcycle & Scooter India (HMSI) today reported 14.24 per cent growth in total sales at 3,93,787 units for January 2015 as against 3,44,678 units in correspondi...
Japan Today  Feb 1  Comment 
More than 2 million Toyota, Chrysler and Honda vehicles are being recalled for a second fix for faulty air bags that may inadvertently inflate while the car is running. The recall includes some Acura MDX, Dodge Viper, Jeep Grand Cherokee, Honda...




 


Honda Motor Company (NYSE: HMC), headquartered in Japan, is the world's fifth largest automaker and first largest motorcycle producer.[1]

With about 180,000 employees worldwide, the firm operates in four main segments: Motorcycles, Automobiles, Financial Services, and Power Products and Other Businesses.[2] North America is Honda's largest market in the automobile segment.[3]

A variety of factors impact Honda's earnings, ranging from U.S. legislation, the housing market, and commodities prices to exchange rates, emerging markets, and an aging Japanese population.[4] Honda's fuel efficient fleet of small cars and motorcycles, provided it with a relative advantage compared to some its more SUV focused competitors, as fuel prices rise. [5][6]

Company Overview

Honda employs approximately 180,001 employees who work at 35 major manufacturing facilities located throughout Argentina, Brazil, Mexico, the USA, Canada, Japan, Thailand, Vietnam, Indonesia, the Philippines, Malaysia, Pakistan, India, China, Taiwan, Turkey, Spain, Italy, France, and the U.K.[7] Although Honda is one of the largest companies in Japan, it still trails behind its perennial leader Toyota Motor (TM).[8] The company operates in four main segments: Motorcycle Business, Automobile Business, Financial Services Business, and Power Product & Other Business.


FY2010 Income Data, in billions of Japanese ¥ [1][9]
Financial Data FY2007 FY2008 FY2009 FY2010
Automobile Division Income ¥8,889 ¥9,489 ¥7,674 ¥6,555
Motorcycle Division Income ¥1,370 ¥1,559 ¥1,411 ¥1,140
Power Product & Other Income ¥418 ¥421 ¥343 ¥278
Financial Services Income ¥410 ¥534 ¥582 ¥606
Total Revenue (% change y-o-y) ¥11,087 (11.9%) ¥12,003 (8.2%) ¥10,011 (16.7%) ¥8,579 (14.3%)
Operating Income (operating margin) ¥852 (7.7%) ¥953 (7.9%) ¥190 (1.9%) ¥364 91.8%
Net Income ¥592 ¥600 ¥137 ¥283


Q1 FY2011 Earnings Summary

  • Honda posted an operating profit of 234.4 billion Yen ($2.7 billion USD) for the first reporting quarter of FY2011, an increase of 830% compared to 25.2 billion Yen a year ago.
  • Operating revenues also rose by 17.9% during the first quarter to 2,371.4 billion Yen.[10]

Q2 FY2011 Earnings Summary

  • Posted earnings of ¥135.92 billion ($1.62 billion USD) for the second reporting quarter of FY2011, more than doubling its same period one year ago performance of ¥54.03 billion.[11]
  • Net sales also increased to ¥2.25 trillion from ¥2.05 trillion in the same period last fiscal year.[12]

Q3 FY2011 Earnings Summary

  • Earnings of $995 million for the third reporting quarter of FY2011, a 40% drop compared to $1.640 billion same quarter last years.[13] * Top-line also dropped for the quarter from $27.29 billion to $25.90 billion.

There is no best brand. There are a lot of different farotcs that appeal to a lot of people. Heritage and community, Harley. Reliable metric, Honda. Reliable and powerful domestic, Victory. Comfortable sport bike, honda. good all round sport bike, Kawasaki and Yamaha. Holds value, Harley. I have owned a honda crusier, shadow 600, two kawi sport bikes, ninja 250 and zx6r, 2 harleys, vrod and fatboy, and the best bike in my opinion that I have owned is my current ride, my Victory kingpin. It is all a matter of opinion. Find the bike that moves you and ride it. Good Luck!

36 a 2d2I don't think so if the battery is cotpeemlly dead, but that's a pretty rare circumstance. Hybrids have gone hundreds of thousands of miles on the same battery pack, and if it's an old hybrid why buy a new battery? You can find batteries at salvage lots from hybrids that have been an accidents, but the battery is still in perfect shape and the costs are quite economical.In terms of conventional hybrids, not plug-ins, the battery just really hasn't been an issue. There have been some glitches here and there, but only in a very small percentage of cases. In terms of plug-ins, we'll have to wait a while for the real world data to tell that story.16

Competition

Automobile

Honda's small-car, simple, fuel efficient product line lacks much of the diversity and range of the market share leaders. If Honda is to dominate the world market, it will have to expand its product line, diverging from what it does best - and likely hurting its margins.

Motorcycle

Harley-Davidson maintains a large lead in its dominance in the US Heavyweight Motorcycle market as compared to Honda and others. Unlike Harley, Honda specializes in the full array of motorcycles, ranging from dinky scooters sold primarily in emerging markets to the heavyweights Harley is known for. This means that HOG and Honda's respective sales react differently to economic changes. As Harley's are seldom used as primary transportation, but rather as a recreational vehicle, HOG's sales generally fall off during economic slowdowns as people have less disposable income. On the other hand, especially in emerging markets, Honda's motorcycles serve as a primary transportation method for lower income individuals, meaning that growing wealth can drive consumers to automobiles, which the company hopes will be also made by Honda.


References

  1. 1.0 1.1 Honda Motors 2009 Form 10-K, Page 1
  2. Honda Motors 2009 Form 10-K, Page 79
  3. Honda Motors 2009 Form 10-K, Page 1
  4. Statistical Handbook of Japan, chapter 2
  5. Freep.com: Honda announces deeper production cuts
  6. CNN: Big drop predicted for global auto sales
  7. Honda Motors 2009 Form 10-K, Page 80
  8. OICA 2007 World Ranking of Manufacturers
  9. is it true info10/pdf/honda2010ar-all-e.pdf HMC FY2010 Annual Report
  10. Honda Motor net income soars
  11. 2nd UPDATE: Honda, Mazda Enjoy Strong 2Q, But Forecasts Portend Tough 2H
  12. Honda Raises Annual Profit Forecast as Gains in Asia Offset Stronger Yen
  13. Honda Faces Fall In Profit For Q3
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