Honda: Eyes On Results Miss And Re-Rating Potential
I'm Neutral on Honda, taking into consideration its shares' cheapness and the unfavorable performance. The firm's recent results were below consensus forecasts, thanks to operating losses for the automobile division. But its valuations are depressed at 0.54x P/B; ongoing buybacks and the auto segment's profitability improvement could be possible medium-term re-rating catalysts.
Honda shares rise despite 50% profit drop, as tariff impact eases and outlook improves
Honda Motor (NYSE:HMC) shares edged up on Wednesday, after the carmaker raised its full-year profit forecast despite posting a steep 50% drop in quarterly earnings. The company reported operating profit of $1.66 billion for the April–June quarter, falling well short of the $2.12 billion expected by analysts.
Honda Motor first-quarter profit halves as U.S. auto tariffs bite
Honda's first-quarter operating profit fell 50%, missing estimates due to U.S. auto tariffs and a stronger yen.
Pre-Markets in Green Amid Trade Deal With Japan
Pre-Markets in Green Amid Trade Deal With Japan.
Pre-Markets Shine on Japanese Auto Trade Deal
A new trade agreement was announced that lowers tariffs on Japanese imported autos to +15% from +27.5%, with $550B in loans and investments.
Honda & Nissan in Discussion to Co-Develop Advanced Auto Software
HMC and NSANY are in talks to co-develop advanced vehicle software and expand U.S. manufacturing ties amid tariff pressures.
Honda pulls the plug on large electric SUV as driver demand for battery powered cars plummets
Honda has reportedly put the brakes on a large electric SUV, following President Trump's decision to cut EV incentives in the US.
Honda-backed Helm.ai unveils vision system for self-driving cars
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.
Honda recalls 259K vehicles over faulty brake pedal that can increase crash, injury risk
The faulty brake pedal can increase the risk of injury or crash, according to the National Highway Traffic Safety Administration.
Honda to recall over 259,000 U.S. vehicles over brake pedal issue, NHTSA says
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.
Tariffs, EV And China Risks: Is Honda Stock Still Worth It?
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.
Tariffs and auto manufacturing are no simple matter, as illustrated by this Honda factory in Indiana
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.
