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Honda reduces its yearly operating profit estimate by 67% On Wednesday Honda reduced its yearly operating profit estimate by 67 percent, its third profit caution this year, as a deepening financial emergency continues to hit international vehicle demand and making the yen soar. The second-biggest carmaker of Japan now anticipates operating profit for the fiscal year to March 31 at 180 billion yen or $2 billion, about 81 percent fall from the previous year. It had earlier forecast 550 billion yen.[source] Article added: 2008-12-19 08:13:36 Article Views Rating: 180
Honda's natural solution to high gas prices | detnews.com | The Detroit News The price of clean fuel is angst. Other than that, it's pretty cheap. The No. 1 problem with the 2009 Honda Civic GX, the only natural gas burning compact car on sale today to the public, is it uses natural gas. Every time I started to enjoy the car, I would take a peek at the white fuel gauge and see it slowly ticking toward empty. My heart would race and this sick feeling would begin to overwhelm me. All I could hear was the voice of the man who dropped off the Civic for my week-long test... Article added: 2009-01-07 09:36:15 Article Views Rating: 212
Honda quarterly profit slumps, cuts annual target | detnews.com | The Detroit News TOKYO -- Honda Motor Co.'s net profit tumbled 90 percent in the October-December quarter from a year earlier, hit by the global economic slump. Japan's No. 2 automaker also cut its net profit forecast for the current fiscal year through March by 57 percent, to 80 billion yen $888.9 million from 180 billion yen. Honda released its quarterly earnings Friday, which showed its net profit was 20.24 billion yen during the latest quarter, versus 200 billion a year earlier. Like other carmakers, Honda is... Article added: 2009-01-30 07:07:52 Article Views Rating: 183
Honda celebrates 40 years in Australia Honda Australia today celebrates its 40th birthday.From its humble beginnings in a two-bedroom flat in the Melbourne suburb of South Yarra, Australia is now one of Honda’s leading markets. Honda Australia’s first General Manager, Mr. Hidehiko Shiomi, set up business in a Millswyn Street flat and represented half of the initial workforce. His colleague at this time was Mr. David Morwood. There are now over 500 people employed by Honda in Australia including the motorcycle, power... Article added: 2009-02-04 06:57:33 Article Views Rating: 349
2009 Geneva Auto Show: Honda S2000 Ultimate Edition Honda plans to bring its latest sport car S2000 Ultimate Edition to the upcoming 2009 Geneva Auto Show. The manufacturer wants to start sales in Europe in March, but the North American customers won’t see it at their dealerships.Honda S2000 Ultimate Edition looks really impressive with the Grand Pix While body and graphite-color alloy wheels. The automaker says the choice for the color is based on the 1964 F1 model. The interior is trimmed in red leather and decorated with numbered plaques... Article added: 2009-02-12 06:29:17 Article Views Rating: 370
2010 Honda Insight Hybrid Honda has given us a sneak peak at its latest offering in the fuel efficiency contest, the Honda Insight, which was unveiled to invited media in Melbourne this morning. Launched onto the Japanese market less than two weeks ago, the Insight Concept will be on show at the Melbourne Motor Show from next Friday, but we were able to get up close and personal with it today. The car has already proved a huge hit in Japan and since its launch onto the market 10 days ago Honda has sold 10,000 units, and... Article added: 2009-02-20 07:09:35 Article Views Rating: 1319
A new social compact: Honda Civic best all-around choice in '09 lineup | detnews.com | The Detroit News There's no doubting the variety that comes with compact cars. Some, such as the Volvo C30 and Audi A3, are more luxurious, while others, like the Mini Cooper, have cult-like followings. All of them, however, share a few common attributes. In auto parlance, they are known as C-Segment vehicles, something that falls between the B and D segments. The EPA defines them as vehicles with interior volumes measuring between 100 and 109.9 cubic feet, but most people wouldn't know a cubic foot from a... Article added: 2009-02-23 15:09:05 Article Views Rating: 248
Honda names new president amid slowdown | detnews.com | The Detroit News TOKYO -- Honda Motor Co. named Takanobu Ito, head of core automaking operations, as its new chief executive Monday, in an effort to provide fresh leadership to battle a global crisis in the auto industry. Ito, a 55-year-old research and development expert with U.S. experience, replaces Takeo Fukui, 64, who will remain on the board as adviser, Japan's No. 2 automaker said in a statement. Both Fukui and Ito said the change at the helm is a message of its determination to turn a new leaf and press ahead... Article added: 2009-02-23 15:09:05 Article Views Rating: 230
Honda taps research expert as CEO | detnews.com | The Detroit News TOKYO -- Honda Motor Co. named Takanobu Ito, head of core automaking operations, as its new chief executive Monday, in an effort to provide fresh leadership to battle a global crisis in the auto industry. Ito, a 55-year-old research and development expert with U.S. experience, replaces Takeo Fukui, 64, as chief executive officer and president. Fukui will remain on the board as adviser, Japan's No. 2 automaker said in a statement Both Fukui and Ito said the change at the helm is a message of its... Article added: 2009-02-24 09:58:41 Article Views Rating: 258
Honda Insight Hybrid It was nearly nine years ago when Honda brought its innovative Insight gasoline-electric hybrid to U.S. highways, beating Toyota to the punch with a North American hybrid model by mere months. It seems that Honda is aiming at the same kind of publicity coup again with its all new Insight hybrid concept vehicle that just debuted at the Paris Motor Show. Today, even as hybrid fans are salivating over rumors about what Toyota's all-new 2010 Prius will be like, Honda is reaping the benefits of sharing... Article added: 2009-03-25 06:47:25 Article Views Rating: 318 |
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