Tag - honda

 
 

HONDA

Strong sales of Prius hybrids are delivering a cash boost for Toyota to invest in fully-electric cars.
BUSINESS / Companies
May 16, 2024
Hybrids delivering cash chest for Toyota and Honda’s EV ambitions
With the shift to battery-electric vehicles clearly taking much longer than anticipated, consumers are voting for hybrids with their wallets.
Visitors line up near a billboard for a Honda electric vehicle at the Beijing International Automotive Exhibition in Beijing in April.
BUSINESS / Companies
May 15, 2024
Honda moves to cut China workforce with voluntary layoffs
Honda's move marks the latest setback for Japan's legacy car brands in China.
Thirty years after his death, Ayrton Senna remains a revered figure among motorsports fans in Japan.
MORE SPORTS / Auto Racing
May 1, 2024
30 years on, Japan's bond with Senna remains strong
During the driver's peak, Formula One grew to a point where the sport brought a second race to Japan in 1994.
Canadian Prime Minister Justin Trudeau (left), Honda CEO Toshihiro Mibe (center) and Ontario Premier Doug Ford walk in the company's automotive assembly plant in Alliston, Ontario, on Thursday.
BUSINESS / Companies
Apr 26, 2024
Honda to spend $11 billion on electric vehicle strategy in Canada
The move is meant to tap long-term demand in North America and pushes the automaker toward having electrified cars account for 100% of sales by 2040.
With U.S. protectionism hindering Chinese electric vehicle makers' overseas expansions, Japanese giants like Honda are poised to capitalize.
COMMENTARY / Japan
Apr 24, 2024
Japan is poised to fill an EV gap left by China
A new Honda facility in Canada shows that Asia’s auto industry is ready to meet North American needs.
Home electric vehicle chargers during the Montreal Electric Vehicle Show in Quebec, Canada, on Friday. Prime Minister Justin Trudeau is offering more tax breaks to automotive firms to put their electric vehicle factories in Canada.
BUSINESS / Companies
Apr 22, 2024
Honda nears deal with Canada to boost electric vehicle capacity
The auto sector is particularly important to Ontario, Canada’s largest province by population and home to assembly plants.
Honda has lagged behind European and U.S. competitors such as General Motors and Volkswagen in ramping up EV sales.
BUSINESS / Companies
Apr 16, 2024
Honda to launch next-generation EVs in China by 2027
The carmaker added that it also planned to roll out a total of 10 Honda-brand EV models in China by 2027.
Prime Minister Fumio Kishida tours a new Toyota battery factory in Liberty, North Carolina, with state Gov. Roy Cooper (second from right) on Friday.
BUSINESS
Apr 13, 2024
Kishida touts Japan’s investments in U.S. with visit to swing-state Toyota plant
The prime minister visited the North Carolina plant where Toyota last year injected an additional $8 billion to make batteries for electric vehicles.
Drivers in California’s Marin County rely on a single hydrogen fueling station.
ENVIRONMENT / Energy
Apr 6, 2024
Few stations and $200 to fill up: Life on California’s ‘hydrogen highway’
Fuel shortages and soaring prices have stalled the adoption of hydrogen cars — but proponents aren’t throwing in the towel.
Japanese automakers explore a unified approach and industry consolidation to stay competitive in the global EV market.
COMMENTARY / Japan
Mar 19, 2024
As China’s EVs approach, Japan’s carmakers must step on the gas
China sees an opportunity to dominate, and just as it did with sectors from steel to solar panels, it’s unlikely to always play fair.
Makoto Uchida (left), president and CEO of Nissan, and Honda President Toshihiro Mibe give a joint news conference in Tokyo on Friday to announce a new strategic partnership in electric vehicles.
BUSINESS / Companies
Mar 15, 2024
Nissan and Honda to explore electric vehicle partnership
Analysts said the move was aimed at catching up with Chinese rivals who have stolen a march in EVs while Japanese firms have lost ground.
A Honda CR-V e:FCEV on display at H2 & FC Expo in Tokyo on Wednesday
BUSINESS / Companies
Feb 28, 2024
Honda to sell plug-in hydrogen vehicle in North America, Japan
Japan's second-largest carmaker hopes to ease drivers’ anxiety over finding hydrogen stations by adding electric recharging capabilities.
Nissan's Ariya electric crossover sport utility vehicle assembled by robots at the company's plant in Kaminokawa, Tochigi Prefecture
BUSINESS / Companies
Feb 19, 2024
Japan carmakers forge ahead with EV investments despite slowdown
Outside of Japan, signs of a scaling back are everywhere, with the exception of China.
Labor unions at Toyota and other carmakers are seeking record pay increases in this year's spring wage negotiations.
BUSINESS / Companies
Feb 15, 2024
Major auto firm unions request record pay hikes ahead of annual talks
Whether major automakers fully accept unions' demands for a second consecutive year is set to be in focus after the prime minister called for wage hikes.
Honda now projects an annual net profit of ¥960 billion ($6.45 billion), up ¥30 billion from the previous forecast.
BUSINESS / Companies
Feb 8, 2024
Honda and Nissan release robust earnings reports
Honda upgraded its annual profit forecast while rival Nissan said its net profit almost tripled year-on-year.
Honda's four-seater CiKoMa EV can travel at speeds of up to 20 kph.
BUSINESS / Companies
Feb 1, 2024
Honda to test automated EV and logistic robot in Ibaraki Prefecture
The four-seater EV, named CiKoMa, can travel at speeds of up to 20 kph.
The engine of a Honda Clarity Fuel Cell vehicle is displayed during its unveiling in Tokyo in March 2016.
BUSINESS / Companies
Jan 26, 2024
Honda and GM fuel cell venture launches commercial production
Fuel cell technology offers the promise of replicating the hauling power and fast refueling of heavy diesel engines in ways batteries cannot match.
Keisuke Honda is joining an inflow of investment in Japan’s long-neglected startup scene.
BUSINESS
Jan 20, 2024
Retired soccer star Honda sets up $100 million Japan startup fund
In a country where celebrities shy away from speaking about their money or investments, the former AC Milan midfielder faces little competition from other sports stars.
Honda’s sales in the United States soared 33% last year and the firm anticipates continued growth but at a more modest pace.
BUSINESS / Companies
Jan 19, 2024
Honda sees 2024 U.S. sales climbing 10% with boost from hybrids
Honda’s sales in the U.S. soared 33% last year to 1.3 million vehicles — with one-quarter of that total coming from hybrid models.
Shinji Aoyama, Honda's chief director of North America, unveils its electric vehicle concept Space-Hub during the CES trade show in Las Vegas on Tuesday.
BUSINESS / Companies
Jan 10, 2024
Honda to launch new electric vehicle series as it plays catch-up
The automaker aims to roll out the first models of its new Honda 0 Series by 2026, with the series to be launched globally, starting with the North American market.

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?