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Stock Market & Financial Investment News

News Breaks
February 10, 2014
11:40 EDTHMCHonda to hire local engineers to expand in Southeast Asia, Nikkei reports
Honda intends to increase its market share in Southeast Asia by hiring local design engineers to develop models tailored specifically to those markets, according to Nikkei. Reference Link
News For HMC From The Last 14 Days
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February 26, 2015
10:39 EDTHMCOrbital ATK selected by 10 automakers to investigate Takata airbags
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February 24, 2015
13:13 EDTHMCTesla Model S named 'best overall' by Consumer Reports
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February 23, 2015
06:03 EDTHMCHonda says Takanobu Ito to step down as CEO, Takahiro Hachigo named new CEO
Takanobu Ito is stepping down as president and CEO of Honda, the company announced in a press release. Takahiro Hachigo, Honda's managing officer, will take over as president and CEO in June.
February 20, 2015
07:30 EDTHMCHonda cuts production by another 5,000 due to U.S. port strikes, Reuters says
Honda Motor Co stated it will lower production at two factories in Indiana and Canada from February 24 to March 2 due to a parts shortage brought on by continuing U.S. port strikes, reports Reuters, citing a Honda spokesperson. Total output loss for the two factories -- which mainly produce Civics -- will be roughly 5,000 cars, while total output loss for the company from February 16 to 23 will be roughly 20,000 cars. The spokesperson said supply will be "a little bit better next week" due to air deliveries. Reference Link
February 18, 2015
06:38 EDTHMCCar sales rose in Europe last month, NY Times says
European car sales increased 6.7% in January, versus the same period a year earlier, data from the European Automobile Manufacturers’ Association indicates, according to The New York Times. January was the 17th straight month that European car sales have increased, but they remain well below the levels they reached before the financial crisis, the newspaper stated. Publicly traded companies in the space include Fiat Chrysler (FCAU), Fiat S.p.A. (FIATY), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM) and Volkswagen (VLKAY). Reference Link
February 15, 2015
16:58 EDTHMCHonda not interested in providing financial aid to Takata, WSJ says
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February 13, 2015
11:24 EDTHMCHonda scraps 6M a year car sales target, Reuters reports
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February 12, 2015
06:50 EDTHMCHonda CEO fighting for more time at the helm, Reuters says
Honda Motor CEO Takanobu Ito, who has resisted calls for his ouster and come under fire for his dismantling of traditional sourcing process, will fight for another two-year term heading up the Japanese automaker, according to Reuters, citing four people with direct knowledge of the matter. Reference Link
06:14 EDTHMCHonda to add second U.S. production location for Acura MDX, WSJ reports
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