QUOTE AND NEWS
The Economic Times  Apr 6  Comment 
"The phenomenal response from young urban customers reaffirms that more and more upwardly mobile youth who desired an advanced, stylish, powerful and convenient scooter are now buying GRAZIA,” said HMSI's Yadvinder Singh Guleria.
The Economic Times  Apr 6  Comment 
The booking for the second generation Amaze can be made at all authorised dealerships of the company with a booking amount of Rs 21,000.
Channel News Asia  Apr 4  Comment 
Volkswagen AG plans to produce its first SUV in Brazil, it said on Wednesday, betting on a rebound in Latin America's market despite signs of caution from rivals such as Honda Motor Co .
The Economic Times  Apr 2  Comment 
With 4 brand new models, new capacity infusion, addition of 500 new network outlets increasing our reach to hinterlands, Honda successfully consolidated leadership
The Hindu Business Line  Apr 2  Comment 
Honda Cars India has announced the appointment of Gaku Nakanishi as the new president and chief executive from today. Nakanishi replaces Yoichiro Ue
The Hindu Business Line  Apr 2  Comment 
The Hindu Business Line  Apr 2  Comment 
Honda Motorcycle and Scooter India (HMSI) is recalling 56,194 units of its three scooter models -- Aviator, Activa 125 and Grazia -- to rectify quali
SeekingAlpha  Apr 1  Comment 
Financial Times  Apr 1  Comment 
Takahiro Hachigo relies on technology partnerships in an effort to stay ‘permanently young’
The Economic Times  Mar 30  Comment 
There are another half dozen senior executives above general manager level who are being moved to a new role.
Japan Today  Mar 29  Comment 
Ana Holdings Inc and Honda Aircraft Co have signed an agreement for a strategic partnership supporting the expansion of the business jet market around the globe by using…




 


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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