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March 25, 2014
08:11 EDTHMCHonda to reduce production at U.K factory, Belfast Telegraph says
Honda is poised to reduce production at its U.K. factory from three shifts to two, which could threaten 340 jobs, according to the Belfast Telegraph, citing comments from Ian Howells, senior vice president of Honda Motor Europe. Reference Link
News For HMC From The Last 14 Days
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October 30, 2014
06:42 EDTHMCDefected Takata airbags could take months to replace, Reuters says
The National Highway Traffic Safety Administration does not think Takata is capable of completely supplying replacement parts for millions of faulty airbags until this upcoming January or later, according to Reuters, citing comments from the agency's deputy director. David Friedman. Car companies who utilized Takata airbags include Toyota (TM), Honda (HMC), Mazda (MZDAF), BMW (BAMXY), Nissan (NSANY), Mitsubishi, Subaru, Chrysler (FCAU), Ford (F), and General Motors (GM). Reference Link
October 28, 2014
08:08 EDTHMCHonda raises Q2 dividend to Y22 from Y20
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08:07 EDTHMCHonda sees FY operating revenue Y 12.75T
Sees FY Net sales and other operating revenue up 7.7% to Y 12.75T and FY operating income up 2.6% to Y 770B.
08:04 EDTHMCHonda reports Q2 EPS 72c vs. 61c last year
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October 27, 2014
14:37 EDTHMCToyota tops Consumer Reports survey, Reuters says
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11:11 EDTHMCHonda recalling CR-V, Brio, Amaze vehicles in India, Times of India reports
Honda is recalling 2,338 CR-V, Brio and Amaze vehicles in India, the Times of India reports. The vehicles, manufactured between September 2011 and July 2014, are being recalled to replace a faulty part related to airbags. Reference Link
06:40 EDTHMCTakata mulls $19M-$28M charge to cover airbag recall expense, Reuters says
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October 24, 2014
06:29 EDTHMCHonda Mobilio zeros in on Toyota's domain in Indonesia, Reuters says
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October 23, 2014
07:58 EDTHMCAutomakers under increased scrutiny after wide ranging air bag recall, WSJ says
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06:58 EDTHMCHonda volatility elevated into Q2 and outlook
Honda November call option implied volatility is at 31, December is at 24, January is at 23; compared to its 26-week average of 21 according to Track Data, suggesting large near term price movement into the expected release of Q2 results on October 28.
06:37 EDTHMCHonda president, 12 execs take wage reduction after Fit recall, Reuters says
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October 22, 2014
06:24 EDTHMCNHTSA says over 6M cars involved in Takata airbag recalls
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