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Stock Market & Financial Investment News

News Breaks
November 20, 2012
06:22 EDTHMCHonda unit recalling 11,500 motorbikes, Nikkei reports
Honda Motorcycle and Scooter India, Honda's (HMC) unit in India, is recalling 11,500 CBR250R motorbikes due to braking system problems, the Nikkei reports. Reference Link
News For HMC From The Last 14 Days
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July 1, 2015
06:47 EDTHMCToyota, Nissan, Honda pushing more fuel cell vehicles on roads, AP reports
Toyota (TM), Nissan (NSANY), and Honda (HMC) are collaborating to get more fuel cell vehicles on roads in what they call Japan’s push towards “a hydrogen society,” the Associated Press reports. The companies pledged up to $90,000 per hydrogen station per year, including building and maintenance, the report says. Reference Link
June 29, 2015
14:57 EDTHMCTakata asks carmakers to delay price cut requests, Nikkei says
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June 26, 2015
07:11 EDTHMCHonda restates earnings to adjust for airbag recall, Reuters reports
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June 25, 2015
18:52 EDTHMCAcura to recall 106,000 SUVs due to faulty air conditioner bolt
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10:01 EDTHMCTrueCar Tprjects retail auto sales to consumers up 7.9% in June
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06:49 EDTHMCSouth Korea orders recall of 24,808 vehicles with Takata air bags, Reuters says
South Korea's transport ministry stated that it ordered Honda (HMC), Fiat Chrysler (FCAU), Ford (F), and Renault to recall 24,808 vehicles that could contain faulty airbags manufactured by Takata (TKTDY), reports Reuters. Reference Link
June 24, 2015
17:57 EDTHMCWall Street applauds Senate giving go-ahead for 'fast track' trade powers
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June 23, 2015
07:53 EDTHMCSenate Commerce, Science & Transportation Committee to hold a hearing
The Committee holds a hearing entitled, "Update on the Recalls of Defective Takata Air Bags and NHTSA’s Vehicle Safety Efforts" with Executive Vice President of Takata, Kevin Kennedy, Sr Vice President of Fiat Chrysler, Scott Kunselman and Executive Vice President of Honda, Rick Schostek on June 23 at 10 am. Webcast Link
June 22, 2015
06:35 EDTHMCHonda says links eighth death to Takata airbags, Reuters reports
Honda (HMC) has confirmed that a September 2014 death of a Los Angeles, California, women, has been connected to the rupture of a Takata (TKTDY) airbag inflator, Reuters reported on Friday. This death is the eighth related to the defective airbags. Reference Link
June 19, 2015
10:50 EDTHMCEPA proposes new rules for medium- and heavy-duty truck emissions
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June 17, 2015
13:05 EDTHMCJ.D. Power: Japanese auto brands struggle to keep up with pace of improvement
With a significant year-over-year improvement, Korean brands continue to widen the quality gap with other automakers, while Japanese makes collectively fall below industry average for the first time in 29 years, according to the J.D. Power 2015 U.S. Initial Quality StudySM released today. Korean brands lead the industry in initial quality by the widest margin ever, averaging 90 PP100, which is an 11 PP100 improvement from 2014. For the first time in the study, European brands surpass Japanese brands, while domestic makes equal the Japanese for only a second time. Porsche (POAHY) ranks highest in initial quality for a third consecutive year, posting a score of 80 PP100. With a 20 PP100 improvement from 2014, Kia follows Porsche in the rankings at 86 PP100. This marks the first time in the history of the study that Kia has led all non-premium makes in initial quality. Jaguar (TTM), Hyundai (HYMLF) and Infiniti (NSANY) round out the top five nameplates. Infiniti is one of the most improved brands in the study, lowering its problem score by 31 PP100 from 2014. Reference Link

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