Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
HMC refutes reports that state that the automaker plans to shift vehicle production from Canada and Mexico to the United States due to potential heavy tariffs.
Honda is discussing plans to move production of its CR-V and Civic vehicles from Canada and Mexico to the U.S. as the administration tries to boost the American auto industry.
Honda plans to boost its production in the US by up to 30% over the next two-to-three years, the Nikkei reported.
Honda (HMC) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Honda Motor said on Monday that it had accepted the resignation of Executive Vice President Shinji Aoyama which followed an allegation of inappropriate conduct during a social gathering outside of work hours.
Complaints allege the car's engine fails to restart on its own after a complete stop at a traffic light or intersection when the Auto Idle Stop feature is engaged.
The U.S. automobile safety regulator has opened up an investigation into more than 2 million Honda vehicles over reports that the engine can fail to restart from an idle position.
The National Highway Traffic Safety Administration said on Friday that it was opening an engineering analysis into about 2.2 million Honda vehicles over concerns related to its engine restarting.
Investors fretted over U.S. President Donald Trump's tariffs on cars and certain auto parts not made in the country, sending Asian auto stocks down for a second day. The new tariffs will take effect on April 2, and will target imported passenger vehicles and light trucks, as well as key automobile parts including engines and transmissions, the White House said.
Don't give up on the possibility of a Honda-Nissan linkup just yet.
As of March 19, 2025, two stocks in the consumer discretionary sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.