Tag Archives: honda

Milestones: Honda Builds 1 Millionth U.S. Made Auto for Export

Posted on 6 December 2012 by Ken Zino

Honda has built a silver 2013 Honda Accord EX-L Sedan that will be shipped to South Korea – the 1 millionth Honda automobile to be exported from the U.S. Continue reading →

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Honda Opens Advanced Design Studio in Downtown Los Angeles

Posted on 28 November 2012 by Ken Zino

Honda R&D Americas today opened an Advanced Design Studio in downtown Los Angeles for the creation of future Honda and Acura “automobile and mobility design concepts.” Continue reading →

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Toyota, Honda Post Huge September Sales Gains, Nissan Stalls

Posted on 3 October 2012 by Ken Zino

Worrisome for competitors were increases in market share of 2.6% at Toyota, and 1.2% at Honda year-over-year, according to AutoData. Each percentage point in share is worth roughly $1 billion dollars in profits, according to an old industry rule of thumb. Left as road kill was Nissan whose share dropped more than 1% with sales of 92% units. Continue reading →

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Honda Signs Joint Venture to Make Motorcycles in Bangladesh

Posted on 27 September 2012 by Ken Zino

Honda Motor Company today signed a joint venture agreement with Bangladesh Steel and Engineering Corporation (BSEC) to establish a production and sales joint venture company for motorcycles before the end of 2012. The JV – 70% of shares held by Honda and 30% by BSEC- will produce locally. Continue reading →

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Honda Says New Steel and Aluminum Welding Process Cuts Weight

Posted on 25 September 2012 by Ken Zino

Honda Motor Company says it has a newly developed technology for the continuous welding of the dissimilar metals of steel and aluminum. Continue reading →

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First Look – 2014 Honda Accord Plug-In Hybrid Sedan

Posted on 5 September 2012 by Ken Zino

Since electric driving depends on a tiny 6.7 kilowatt-hour (kWh) lithium-ion battery, this means the Accord plug-in will be hard pressed to stay on electricity for more than 10 or 15 miles, although it will look good on the window sticker with a projected EPA rating of greater than 100 MPG-e. The electric motors are rated at 124-kilowatt (kW). Thank goodness there is also power dense gasoline on board, so the projected range of the plug-in is almost 500 miles. Continue reading →

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Honda Posts $1.7 Billion Profit in Japanese Fiscal Q1

Posted on 31 July 2012 by Ken Zino

Despite the strong recovery, the results did not meet analysts’ expectations because of rising marketing costs and the strong yen. Nevertheless, Honda is sticking to its global sales forecast of 4.3 million vehicles in the Japanese fiscal year to March 2013, an increase of 38.4% from FY 2012. North America is forecast to sell almost 40% of the total, which means a lot is riding on the success of the new Accord due this fall. Continue reading →

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First 118 MPGe Honda Fit EV Delivered in California

Posted on 23 July 2012 by Ken Zino

American Honda initially will lease Fit in some California and Oregon markets. Some East Coast locations will be added next year. The EV is lease-only with a price of $389 per month for three-years, which computes to a Manufacturer’s Suggested Retail Price (MSRP) of $36,625. Collision coverage, maintenance costs and roadside assistance service included in lease. Gasoline versions of the Fit sell in the $16,200 to $21,000 range. Continue reading →

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Honda Indiana Plant to Increase Capacity and Add Civic Hybrid

Posted on 18 July 2012 by Ken Zino

Honda announced at the Automotive Press Association in Detroit that it is investing $40 million to increase annual capacity by 50,000 units to 250,000 vehicles at its Indiana plant. The strong Japanese Yen continues to be a good development for autoworkers as all Japanese firms are shifting production out of Japan. Continue reading →

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June Auto Sales Soar with Mixed Results for Detroit Three

Posted on 3 July 2012 by Ken Zino

Sales of new cars and light trucks in June increased 22% from the same period a year ago, as the auto industry delivered almost 1.3 million vehicles for the month. On a seasonally adjusted annual basis or SAAR, this meant that the industry-selling rate continues to be more than 14 million units for five of the six months of 2012, resulting in sales of more than 7.2 million vehicles year-to-date. The slowly recovering auto market presented mixed but arguably positive results for the Detroit Three. Continue reading →

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Germany to Add 35 New Hydrogen Fueling Stations

Posted on 20 June 2012 by Ken Zino

Automakers are currently lobbying in the U.S. for tax breaks and other taxpayer incentives for fuel cell cars to bring down their astronomical – as in $pace technology – costs. Hyundai thinks it can develop a fuel cell business if it can get the costs down to ~$50,000 a vehicle. Continue reading →

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Honda World’s First Company to Reveal Third-party Validated Estimates of Global CO2 Emissions during Product Use

Posted on 20 June 2012 by Ken Zino

Honda Motor Company said in Japan today that it is the world’s first mobility company to disclose estimated global CO2 emissions during customer use of its motorcycles, automobiles and power products. The move will likely force other automakers who claim to be green into similar disclosures. A next step could be window or product stickers that list the effects of their use on the environment. Continue reading →

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Yazaki Exec and Autoliv Plead Guilty on Price Fixing Auto Parts

Posted on 6 June 2012 by Ken Zino

This is the first case filed relating to occupant safety systems sold to auto manufacturers as part of the DOJ’s ongoing antitrust auto parts investigation. An executive of Japan-based Yazaki Corporation has also agreed to plead guilty for his role in a separate conspiracy to fix prices of automotive wire harnesses and related products installed in U.S. cars. Continue reading →

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Japanese Big 3 – Toyota, Honda, Nissan – Sales Up in May

Posted on 1 June 2012 by Ken Zino

Toyota Motor came close to displacing Ford Motor from its assumed Number 2 spot in the U.S. by posting monthly sales of 202,973 – within a rounding error of Ford’s 215,699 and firmly putting Toyota in the Number 3 sales spot for the year-to-date. The other Japanese powerhouse members were also back in shape. American Honda posted sales of 134,000 (576,000 ytd) easily ahead of the Nissan at 92,000 (485,000 ytd). With a new Accord and Altima due this fall, the family car market is about to becomes more competitive than it has been in years, which is good for buyers but might leave weaker and older entries as road kill. Continue reading →

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Honda Makes Money on End of Life Car Recycling in Japan

Posted on 1 June 2012 by Ken Zino

Honda Motor Company in its annual report covering end of life car recycling in Japan said today it made money on the sustainability program that is part of Japanese regulations. The total cost of the recycling efforts amounted to ¥3.48 billion ($44.55 million), which was ¥290 million ($3.7 million) less than the total recycling proceeds received which was ¥3.77 billion yen. Continue reading →

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