India's renewable energy service company OMC Power, backed by Japan's Mitsui & Co and Chubu Electric Power , said on Monday that Japanese automaker Honda Motor has taken an equity stake in the company to jointly build clean energy storage batteries.
The Japanese government and some of the nation's top manufacturers have warned Vietnam that a planned ban on petrol-powered motorbikes in Hanoi could spark job losses and disrupt a $4.6 billion market that is dominated by Honda , according to documents reviewed by Reuters and seven people familiar with the matter.
Honda's dominance of Vietnam's motorbike market is under threat as Hanoi pushes for a rapid switch to electric vehicles in a boost to local EV maker VinFast , according to industry data and the findings of a consumer survey.
HMC's hybrid growth, bold EV plans, and shareholder returns fuel optimism, but falling demand and higher capex weigh on the outlook.
The National Highway Traffic Safety Administration previously investigated this issue after its office received 414 reports of faulty connecting rod bearings in the vehicles.
The National Highway Traffic Safety Administration is opening a probe into more than 1.4 million Honda vehicles sold in the United States over concerns that connecting rod bearing failures in their engines could lead to complete engine failure.
HMC beats Q1 EPS estimates despite weaker y/y earnings, as Motorcycle gains offset softness in other segments.
Honda Motor Co., Ltd. (NYSE:HMC ) Q1 2026 Earnings Conference Call August 6, 2025 4:00 AM ET Company Participants Eiji Fujimura - Managing Executive Officer, CFO, Chief Officer of Corporate Admin.
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 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'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.