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Stock Market & Financial Investment News

News Breaks
June 8, 2014
17:44 EDTHMCHonda looks to add to India unit's headcount, Economic Times says
Honda is looking to add 1,000 employees in India by the end of fiscal year 2015 as it is planning to begin a second production shift at its plant there, says the Economic Times. Reference Link
News For HMC From The Last 14 Days
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September 1, 2015
14:55 EDTHMCAutodata says U.S. auto sales rate comes in at 17.8M SAAR, CNBC reports
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10:45 EDTHMCHonda reports August U.S. sales down 6.9% to 155,491 units
August 26, 2015
16:26 EDTHMCMajor automakers sued over allegedly 'deadly' keyless technology, Reuters says
A number of automakers have been named in a lawsuit alleging that keyless ignition technology can lead to "deadly" results due to carbon monoxide poisoning from cars left running under the belief that engines will automatically switch off, reports Reuters. Defendants include General Motors (GM), Ford (F), Fiat Chrysler (FCAU), Honda (HMC), Hyundai (HYMLF), Nissan (NSANY), Toyota (TM), Volkswagen (VLKAY), BMW (BAMXY), and Daimler's (DDAIF) Mercedes Benz, said Reuters. According to the plaintiffs, the carmakers had "actual knowledge" of the so-called risks and could have prevented 13 deaths and numerous injuries. Reference Link
13:42 EDTHMCTrueCar says 'on plan' to hit 17.2M U.S. vehicle forecast for 2015
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13:19 EDTHMCTrueCar says daily auto sales pace up 0.9% for August, with 17.4M SAAR
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August 21, 2015
18:42 EDTHMCNHTSA launches probe into 2008 Honda Accord air bag controller, Reuters says
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10:02 EDTHMCHome Depot, Honda Power Equipment expand supply partnership
Honda Power Equipment, a division of American Honda Motor Co. (HMC), and marketer of a comprehensive range of outdoor power equipment, announced today the expansion of its partnership with The Home Depot (HD). Beginning September 1, a number of Honda generator models will be sold at The Home Depot's top 300 U.S. PRO Desk locations, a specialized area of the store dedicated to the product and service needs of the professional contractor.

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