A new trade agreement was announced that lowers tariffs on Japanese imported autos to +15% from +27.5%, with $550B in loans and investments.
HMC and NSANY are in talks to co-develop advanced vehicle software and expand U.S. manufacturing ties amid tariff pressures.
Honda has reportedly put the brakes on a large electric SUV, following President Trump's decision to cut EV incentives in the US.
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.