-
Recent Posts
- Honda CR-V Fuel Cell EV – $389 a Month!
- EVs, PHEVs Worse Than Gas Vehicles On Power 2024 IQS
- May 2024 Car Sales Drop 3% in EU
- May 2024 Global Light Vehicle Sales Rate Up Slightly
- Stellantis Updates Circular Economy Initiatives at IARC
- Surprising Shifts in the 2024 American-Made Index
- Chinese Trade Wars – EU Adds High Tariffs on EV Imports
- Chinese Trade Wars – Exports Growing, Prices Dropping
- Stellantis Promise or Puff? – Clean, Safe, Affordable Mobility
- EPA 2031 CAFE – EVs, PHEVs, Hybrids Will Grow
- Porsche 2024 Annual Meeting Sweep. Dividend Doubled
- NHTSA Eases CAFE Regs For 2027-2031 Model Years
- NHTSA Fire Alert – Park Outside! 2020-2024 Kia Tellurides
- Milestones – Three Millionth Subaru Outback
- GM Annual Meeting Vote Strongly Endorses Board’s Strategy
Recent Comments
- Yen Chen - Center for Automotive Research on Biden Administration Chinese Trade War Tariffs Start August 1
- Ken Zino on Ford Motor Posts Q1 2024 Net Income of $1.3 Billion
- Robert Kurnick on Penske Automotive Group 2024 Q1 Earnings Drop
- Dr. K. Venkatesh Prasad on Southern Labor Rights Boosted at VW. Daimler Next
- Janet L. Yellen on EPA Celebrates Inflation Reduction Act Anniversary
Archives
Meta
Get intelligent commentary on the automobile business and its effects. Stay informed with AutoInformed.
Honda Post Record Operating Profit of $7B in FY 24
“In FY25, we will steadily proceed with dedicating resources towards electrification and aim to achieve operating profit of ¥1 trillion 420 billion and an operating profit margin of 7%, which is one year ahead of our original target,” said Toshiro Mibe, Director, President and Executive officer. He was the first Honda chief executive in history to attend the annual results conference. Normally, the finance staff conducts it with regional operating officers. Continue reading →