29.21 +0.03 (0.10%)
After hours: 4:11PM EDT
|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||29.15 - 29.28|
|52-week range||27.36 - 37.29|
|PE ratio (TTM)||5.44|
|Forward dividend & yield||0.91 (3.10%)|
|1y target est||35.64|
According to 20 Wall Street analysts’ consensus data compiled by Thomson Reuters, 50.0% of analysts covering Honda Motor Company (HMC) gave it a “buy” recommendation on July 11. The remaining 50.0% of these analysts suggested a “hold.” There were no “sell” recommendations for the company.
In this series, we’ve looked at US vehicle sales for key auto giants Fiat Chrysler (FCAU), Honda (HMC), and Toyota (TM), which all saw their US sales volumes rise in June. Let’s now look at European auto giant Volkswagen’s (VLKAY) US sales figures.
Of the 23 analysts covering Fiat Chrysler (FCAU) stock, 48% recommend “buy.” In comparison, ~59% of the 22 analysts covering Toyota (TM) and 50% of the 20 analysts covering Honda (HMC) recommend “buy.”
In June, Honda’s (HMC) American division reported a 4.8% YoY (year-over-year) increase in its US market sales volumes, to 146,563 vehicle units from 139,793. June was the third month this year for American Honda’s sales to increase YoY.
The proposed tariffs by Trump are likely to hit the U.S. auto industry, which is heavily dependent on a complicated global supply chain.
In May, Toyota Motor (TM), the largest Japanese automaker, reported a YoY (year-over-year) increase of 8.6% in its China sales to 122,400 vehicle units. In April, its Chinese sales rose 9% YoY to 117,900 units.
DETROIT (AP) — Every workday, about 7,400 trucks mostly loaded with automotive parts rumble across the Ambassador Bridge connecting Detroit and Canada, at times snarling traffic along the busy corridor.
Previously, we saw how the strengthening US dollar could benefit foreign automakers (VCR) such as Toyota (TM) and Honda (HMC). An upward movement in the US Dollar Index could also hurt the international market profitability of US automakers General Motors (GM) and Ford (F). Now, let’s take a look at the recent crude oil price movement and find out what it suggests for the auto industry.
Of the 20 analysts covering Honda (HMC) on June 6, 50% recommended “buy,” and 50% recommended “hold.” There were no “sell” recommendations. Their 12-month target price for Honda ADRs (American depository receipts) was $37.98, lower than their target price of $40.80 about two months ago.
In May 2018, the American division of Honda Motor (HMC) reported a YoY (year-over-year) increase of about 3.1% in its US market sales volume. Last month, the company sold 153,069 vehicle units in the US as compared to 148,414 units in May 2017. May was the second month in 2018 that Honda’s US sales increased YoY.
General Motors (GM) and Honda (HMC) to work together to develop batteries for electric vehicles, mainly for the North American market.
General Motors will supply batteries for electric cars from Honda, amping up GM's rivalry with Tesla, which seeks dominance in EV battery production.
TOKYO (AP) — Honda Motor Co. of Japan and U.S. automaker General Motors Co. agreed Thursday to work together in developing batteries for electric vehicles, mainly for the North American market.
General Motors Co. and Honda Motor Co. said Thursday they have agreed to collaborate in developing next-generation batteries for all-electric vehicles. "The next-generation battery will deliver higher energy density, smaller packaging and faster charging capabilities for both companies' future products, mainly for the North American market," the companies said in a joint statement. Under the terms of the deal, the two will work on GM's next generation battery system with Honda sourcing battery modules from GM.
Vehicles sales in the United States up an estimated 2% in May 2018. Robust consumer confidence and low unemployment help in lowering the impact of rising fuel prices and interest rates.
The U.S. auto industry has had a bumpy ride so far this year, with sales down in February, up in March and again down in April. Yet the auto industry is on steady track.
KUALA LUMPUR, Malaysia (AP) — Malaysia's transport minister said Saturday that owners of more than 71,000 affected Honda cars will be penalized if they fail to replace flawed Takata air bags, in a drastic move to curb fatalities.
Tired of paying a ton of money at the pump, but don't want to drive an electric car? Hydrogen fuel-cell vehicles might be the answer. If they can take off, that is.
Another person has died in Malaysia after a flawed Takata air bag inflator exploded, raising the worldwide death toll to 23. The unidentified driver was killed when a 2004 Honda City crashed on May 27 ...
KUALA LUMPUR, Malaysia (AP) — Japanese carmaker Honda said Friday another person has died in Malaysia after a flawed Takata airbag inflator exploded, raising the number of deaths linked to the defect in the Southeast Asian country to seven.
Revenues of Japanese automakers could be hit hard, which could compel them to shift their production to the United States, although producing cars domestically has been more viable.