|Bid||28.69 x 1200|
|Ask||28.88 x 1200|
|Day's range||28.45 - 28.79|
|52-week range||21.44 - 28.79|
|Beta (5Y monthly)||0.78|
|PE ratio (TTM)||9.75|
|Forward dividend & yield||0.88 (3.09%)|
|Ex-dividend date||29 Mar 2023|
|1y target est||32.39|
Mercedes-Benz has a roughly 9.7% stake in the British sportscar maker famed for its association with fictional secret agent James Bond. The German carmaker is also currently the Formula One team's engine provider. The Silverstone-based Formula One team is separate from the road car company but owned by Canadian billionaire Lawrence Stroll, whose Yew Tree consortium is Aston Martin Lagonda's biggest shareholder.
With spring car buying season in full swing, those looking for a deal in the used car market are likely not going to find one. According to a new report titled “Used Market Enters Uncharted Territory Post-Pandemic” released from car-shopping site Edmunds.com, though used car prices softened a bit recently they still remain historically high. Edmunds’ data scoured from dealer retail pricing finds that the average used vehicle transaction price in Q1 slipped 6.4% year-over-year, but is still up 44% from five years ago.
Honda Motor's (HMC) attractive products and frequent collaborations are poised to bolster its revenues. High R&D expenses and commodity and labor costs are major headwinds.
For fiscal 2024, Honda (HMC) forecasts revenues of 18.2 trillion yen, indicating an uptick of 7.6% year over year.
Image source: The Motley Fool. Honda Motor (NYSE: HMC)Q4 2023 Earnings CallMay 11, 2023, 2:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Unknown speaker I thank you very much for taking time out of your busy schedule to attend our press conference.
Japan's Honda Motor Co on Thursday forecast a 19.1% rise in operating profit for this business year, after it missed analysts' estimates in the fourth quarter. Japan's second-biggest automaker forecast full-year operating profit rising to 1.0 trillion yen ($7.40 billion) compared with a 985.62 billion yen average profit expected by 21 analysts.
Japan's automakers are facing a sales crisis in China, data shows, as a rapid shift to electric vehicles (EVs) has upended the world's largest auto market and led to a plunge in purchases of gasoline-powered cars. Total sales of Japanese auto brands in China were down 32% year-on-year in the first quarter, more than double the pace of the overall market contraction, industry data analysed by Reuters showed. While other automakers like Volkswagen AG have also been caught out by the sharp shift in China, Japanese automakers stand out because of their limited showing in the fast-growing category of electric and plug-in hybrid sales.
CarMax, the largest used car retailer in the US, is seeing a huge spike in electric vehicle interest. In its annual EV consumer report, CarMax found that search volume for the word “electric” doubled from February of last year to this year, when the retailer compiled data for its last EV report.
Image source: Getty Images It's no secret: Honda makes some of the most reliable vehicles on the road. But according to a recent study by iSeeCars, there are seven Hondas that seem to outlive the rest -- and, no, the Civic isn't in the top position.
Kelley Blue Book Executive Editor Brian Moody discusses the state of the car market and breaks down how the supply and demand dynamics surrounding car inventories are leading to consistent prices for leading brands such as Honda and Kia.
General Motors (GM) sells 603,208 vehicles in the United States in Q1. Cummins (CMI) is set to invest $1 billion to support the industry's first fuel-agnostic engine platforms operating on low-carbon fuels.
Honda Motor said Thursday it is recalling 563,000 CR-V sport utility vehicles sold or registered in cold weather U.S. states because road salt may cause the frame to corrode and possibly detach the rear trailing arm. The recall covers 2007 through 2011 model year CR-V vehicles in 22 states and the District of Columbia where road salt is routinely used. Dealers will inspect and install a support brace or repair the rear frame, as necessary, free of charge.
While Toyota's (TM) Q1 US vehicle sales drop 8.8% y/y to 469,558 vehicles, Honda's (HMC) sales rises 6.8% to 284,507 vehicles.
Amid an accelerated e-mobility revolution, Winnebago (WGO) is set to buy Lithionics to power its electric RV offerings. Ford (F) invests in a nickel project in Indonesia to ensure steady supply of the metal.
The vehicle recall by Honda (HMC) covers the 2020-2022 Odyssey, 2020-2022 Passport, 2020-2021 Pilot and 2020-2021 Ridgeline.
While Lithia's (LAD) buyout of Jardine bolsters its opportunities in the U.K. market, Westport (WPRT) posts disappointing Q4 results with a wider-than-expected loss.
Honda (HMC) calls back nearly half a million vehicles in the United States and Canada over a front seat belt latching issue.
Image source: Getty Images One of the best ways to save money on your vehicle costs is to hang on to the same car for as long as possible. You may have heard that a self-made millionaire is more likely to drive a 10-year-old car than the newest model, and for good reason -- a vehicle is a depreciating asset, and by minimizing the amount of money you're sinking into it, the more you have to allocate in ways that can actually make you money.
Honda Motor Co's U.S. unit said on Tuesday it would move production of its Accord sedan to Indiana in 2025 after assembling the model in Marysville, Ohio for more than 40 years, as part of its shift to electric vehicle (EV) production.Marysville will be Honda's first U.S. auto plant to transition to making EVs. The move comes after Honda and South Korea's LG Energy Solution Ltd in October announced they would build planned $4.4 billion joint-venture battery plant at a site near Jeffersonville, Ohio and broke ground earlier this month. The battery plant, to be completed by the end of 2024, will cover more than 2 million square feet (185,806 square meters) and aims for about 40 Gigawatt hours (GWh) of annual production capacity.
Honda Motor Co is moving rapidly to catch up with electric-vehicle competitors in global markets, but the company's top executive said combustion engines could last through 2040 and beyond. That includes the establishment next month of a standalone business unit to oversee development of Honda's EV and battery business, which eventually could include an investment in charging stations, similar to Tesla Inc's Supercharger network, Mibe said in Marysville, Ohio, at the hub of the company’s U.S. operations. Mibe added that Honda is running feasibility studies on everything from chargers and advanced batteries to aerial vehicles and rockets, as well as new low-carbon e-fuels that could help keep combustion engines around - in performance cars, big trucks and airplanes - for another decade or two.
Fuel-cell electric vehicles, which are powered by hydrogen, have been around for a long time, but as the hydrogen market develops there is now a real possibility they could go mainstream.
Toyota, Honda, BorgWarner, O'Reilly Automotive and Cummins are part of the Zacks top Analyst Blog.
While Honda (HMC), Toyota (TM), O'Reilly (ORLY), BorgWarner (BWA) surpass earnings estimates in their latest quarterly release, Cummins (CMI) fails to pull off a surprise.
For fiscal 2023, Honda (HMC) forecasts revenues of 17.25 trillion yen, indicating an uptick of 18.5% year over year.
Yahoo Finance automotive reporter Pras Subramanian details Honda's Q3 earnings.