QUOTE AND NEWS
Automotive World  12 hrs ago  Comment 
Michael Nash takes a look at the new partnership formed between GM and Honda to develop and mass-produce fuel cell vehicles The post Honda and GM send ‘clear message to the world’ with fuel cell future appeared first on Automotive World.
The Hindu Business Line  Mar 21  Comment 
Honda Cars plans to launch some of its premium models in India, particularly relaunch of the Honda Civic, according to Jnaneswar Sen, Senior Vice-President, Sales and Marketing, Honda Cars India.Addre...
Automotive World  Mar 21  Comment 
The redesigned Honda CR-V qualifies for the Insurance Institute for Highway Safety’s 2017 TOP SAFETY PICK+ award. Like the previous generation of the small SUV, the 2017 CR-V earns across-the-board good crashworthiness ratings. It is available...
The Economic Times  Mar 21  Comment 
The company’s product range includes Honda Brio, Honda Jazz, Honda Amaze, Honda WR-V, Honda City, Honda BR-V, Honda CR-V and Honda Accord Hybrid.
Automotive World  Mar 21  Comment 
Honda wants two-thirds of its European car sales to feature electrified powertrains in the next nine years, but will buyers be willing to pay for it? By Megan Lampinen The post Consumer trends suggest Honda’s ‘Electric Vision’ may be more...
Wall Street Journal  Mar 20  Comment 
Honda Motor Co.’s U.S. unit in January shifted its more-than-$500 million media-buying account from Mediavest, a unit of advertising giant Publicis Groupe, to an independent agency.
The Hindu Business Line  Mar 17  Comment 
Company betting big on new City, WR-V and high-end HR-V; may relaunch Civic shortly
Forbes  Mar 17  Comment 
Why is F1's legendary team McLaren so cocky these days? And why is the British firm badmouthing Honda and its under-performing engines so much in the media?
The Economic Times  Mar 17  Comment 
The company is also studying the possibility of driving in HR-V SUV in India (to be placed below CR-V) and new Civic premium sedan.
The Hindu Business Line  Mar 16  Comment 
The WR-V is an all-new sporty lifestyle vehicle based on Honda's globally successful Jazz platform.




 


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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