Honda Motor aims to double its global hybrid car sales to 1.3 million vehicles annually by 2030 from 2023 levels, providing a "bridge" until fully electric vehicles become more widespread, the Japanese automaker said on Wednesday.
Honda Motor Co. will stop funding a joint venture with General Motors and Cruise to launch a robotaxi service in Japan, now that GM has pulled the plug on Cruise and its commercial robotaxi ambitions, reports The Nikkei.
The Investment Committee detail their latest portfolio moves.
Honda is recalling nearly 206,000 Passport and Pilot vehicles that could potentially experience a fuel leak.
The National Highway Traffic Safety Administration said on Thursday that Honda would recall about 205,760 SUVs in the United States over a fuel leak issue.
Read on to know which of these automotive giants, Toyota or Honda, holds the upper hand in terms of investment now.
Honda Motor stock price has remained under pressure this year as it moved into a deep bear market. It has dropped by over 30% and was trading at ¥1,300, its lowest level since August 5.
HMC builds a demonstration facility in Sakura City, Japan, to mass-produce solid-state batteries at lower costs.
Honda is one of the world's largest and most innovative engine makers. But in recent years it has been challenged by the shift to electric vehicles.
Honda Motor aims to double the driving range of its electric cars by the late 2020s when they start to adopt all-solid-state batteries, a new type of power source under development, the head of its research unit said on Wednesday.
The National Highway Traffic Safety Administration is investigating concerns that engines on 1.4 million Honda and Acura vehicles might fail. Transcript: Conway Gittens: On Monday the Dow closed above 44,000 for the first time in history and the S&P made its first close above 6,000.
The National Highway Traffic Safety Administration said on Monday it is opening a probe into 1.4 million Honda vehicles after reports of serious engine issues.