Honda Motor-backed Helm.ai on Thursday unveiled its camera-based system to interpret urban environments, dubbed Helm.ai Vision, and said it was in talks with other automakers to deploy its self-driving technology in mass-market vehicles.
The faulty brake pedal can increase the risk of injury or crash, according to the National Highway Traffic Safety Administration.
Honda Motor is recalling 259,033 vehicles in the U.S. due to a faulty brake pedal that can shift out of position and hinder braking, raising the risk of crashes or injury, the U.S. National Highway Traffic Safety Administration said on Wednesday.
Japan's second-largest automaker, Honda Motor stock (NYSE: HMC), has predominantly fluctuated sideways this year, yielding approximately 2% since the beginning of January. Honda's recent outcomes have been somewhat underwhelming in the latest quarters.
A tour of an Indiana car factory found both a smooth operation and an illustration of how rough it could be to try to reshape one of America's most important industries.
Japan's auto biggie Honda HMC is pulling back on its electric vehicle (EV) plans as global demand cools. Instead, the company is betting big on hybrid cars, aiming to launch 13 new hybrid models globally between 2027 and 2030, including a new hybrid system for large-size vehicles set to debut in the second half of the decade.
Honda plans to reduce EV investment by $20 billion to focus on hybrids amid a global sales slowdown. Its CEO cited regulatory changes and slowing EV growth as key reasons for a strategic shift.
Honda Motor plans to reduce its electric-vehicle investment by more than $20 billion through the fiscal year ending March 2031 from its original plan.
Honda Motor said on Tuesday that it was scaling back its investment in electric vehicles given slowing demand and would be focusing on capturing growing demand for hybrids with new models.
For fiscal 2026, Honda forecasts an operating profit of 500 billion yen, indicating a contraction of 58.8% year over year.
Honda Motor Co., Ltd.'s FY2025 earnings revealed resilient motorcycle and hybrid sales, but auto segment weakness and a 12% profit drop spooked investors. FY2026 guidance is ultra-conservative, reflecting worst-case U.S. tariff impacts and a significant step down in operating and net profit expectations. Management is mitigating tariff risks by reallocating production to U.S. plants, accelerating exports, and delaying major EV investments to preserve flexibility.
While the Zacks Foreign Auto industry is struggling with economic uncertainty, stocks like TM, HMC and NIO are expected to hold their grounds.