Honda profit hit by falling sales Oct 30, 2009
A strong yen has hit Honda's export sales. Honda's profits for the July to September period more than halved after car sales continued to fall during the global economic downturn ... Honda says it will now make a net profit of 155bn yen for the year to the end of March, up from its previous forecast of 55bn yen. (BBC News -- Asia-Pacific)
Why is 'Consumer Reports' stacking the deck for Ford in its reliability survey? Oct 30, 2009
"Ford Fusion, Mercury Milan Reliability Tops Honda Accord and Toyota Camry." ... Nor did Honda placing first in two categories. (USA Today -- Money)
Honda Accord wagon from Europe to hit U.S. shores as the Acura TSX sport wagon Oct 30, 2009
Honda thinks the station wagon has a future in America. It's going to import the Honda Accord Tourer from Europe, give it an upscaleface-lift and call it the Acura TSX sport wagon ... Honda says it will have more in common with the TSX sports sedan than a U.S.Accord. (USA Today -- Money)
Toshiba ekes out small profit in 2nd quarter Oct 30, 2009
Honda raises forecast, avoids loss for first half. Japanese government incentives for green cars and strong sales in China helped Honda Motor Co. avoid red ink for the first half and raise its full year profit forecast. (Fresno Bee -- Business)
Ford vehicles called 'world-class' Oct 30, 2009
Toyota's Scion was ranked as the No. 1 most reliable brand for the second year in a row followed by Honda, Toyota, Nissan's Infiniti and Honda's Acura for the top five ... "Hyundai and Kia ... are challenging Honda and Toyota," Paul said ... The company's Ford Fusion and Mercury Milan midsize sedans ranked higher than the Honda Accord or Toyota Camry, which are top-selling cars in the United States. (Courier-Journal -- Business)
Treble Cove store a source for motorcycle, Western wear (10/29/09) Oct 30, 2009
Ma said the allure of riding his Honda Helix motorcycle is the feel of freedom on the open road, though he doesn t ride as much as he used to. When asked why he didn t ride a Harley Davidson, he joked that the bikes were too big for him. (Allston Brighton TAB, MA)
Asians top reliability lists Oct 30, 2009
But several models from Ford Motor Co. are consistently scoring above Honda and Toyota, the perennial leaders ... After Scion, Honda, Toyota, Infiniti and Acura rounded out the top five brands in reliability based on surveys taken in March of subscribers who own or lease 1 ... The Fusion and Milan outscored Toyota Motor Corp.'s Camry and Honda Motor Co.'s Accord, the two top-selling cars in the U.S. "which many people view as the paradigms of reliability," Mr. Paul said. (The Augusta Chronicle)
Other incidents from the Watertown Police log Oct 29, 2009
A Lexington Street resident called police on Oct. 23 at 6:46 a.m. after his 1994 Honda Accord was broken into sometime overnight. The owner parked his car in his driveway on Oct. 22 at 8 p.m. and discovered someone had broken the molding and pried open the door when he returned to it in the morning. (Watertown TAB & Press, MA)
High-tech options offer boost for tires Oct 29, 2009
(2,600 miles based on a 4 percent fuel economy improvement, on 65,000 Mile Tread Life Limited Warranty, as compared to the standard Goodyear Assurance tire tested on P195/65R15 size - 2008 Honda Civic. Actual results may vary based on when tires are replaced, driving and road conditions, and proper tire maintenance. (Fairfax Chronicle, VA)
Consumer confidence gloomiest in 30 years Oct 29, 2009
The cars beat out the Honda Accord and Toyota Camry, while the Lincoln MKZ topped the rival Acura TL and Lexus ES.. U.S. Steel Corp.'s losses persisting. (Honolulu Advertiser)
Formula One eras to end at season-closer in Abu Dhabi Oct 29, 2009
The Briton accepted a cut-price deal for 2009 because of doubts about the viability of the team following Honda s withdrawal on the eve of the season. Now he has won the world title and Brawn are on a more solid footing, a much better deal is due and Button would be quite happy for rumours about a move to McLaren to pass around, strengthening his bargaining position. (The Star Online, Malaysia -- Sports)
Demand high for Fibre's newest recycled paper Oct 29, 2009
The Zipster wrote on Oct 28, 2009 9:25 PM:" Most of the whining about union wages and benefits is simply envy from those without. Too bad they didn't unionize and get those benefits. Unions have really benefitted everyone who works for a living - promoting safety standards, regular work hours, things like paid vacations, health insurance and job security. In order for a unionized company to be successful, it takes cooperation on the part of both management and labor. GM's demise was the result... (Longview Daily News, WA)
Insight Hybrid Vehicle Wins Japan Automotive Hall of Fame Car of the Year 2009-2010 Oct 29, 2009
Tokyo, Oct 29, 2009 - (JCN Newswire) - Honda Motor Co., Ltd. announced that the Committee of Japan Automotive Hall of Fame had awarded its Car of the Year 2009-2010 to the Insight hybrid vehicle ... The strategy of affordable pricing Honda used in marketing the hybrid Insight 2 ... The balance of performance and fuel economy at cruising and higher speeds offered by Integrated Motor Assist (IMA), Honda's original hybrid system. (JCN Network, Japan)
The Green's farm empire quickly expanded. Oct 29, 2009
News : Animal lover finds home for herd in La Honda : Half Moon Bay Review, California ... Animal lover finds home for herd in La Honda ... When Amy Kinion got a desperate phone call from a stranger earlier this month, asking if she would retain a herd of farm animals on her 15-acre property in La Honda, she hardly hesitated before saying yes. (Half Moon Bay Review, CA)
Man allegedly torches van after wild test drive Oct 29, 2009
The incident began Thursday afternoon when the man and a Honda car salesman went on a test drive but the man refused to turn back around. The salesman was able to get out of the car when it slowed at a tollbooth near the Massachusetts state line. (Fresno Bee)
Toyota, Honda cut output to reduce inventories Oct 29, 2009
TOKYO: Toyota Motor Corp and Honda Motor Co, Japan s two largest carmakers, reduced auto production in September to pare inventories after sales declined ... Honda s production fell 17% to 300,742 while output at Nissan Motor Co, Japan s third-largest automaker, fell 8 ... Toyota and Honda built fewer cars in Japan as exports plunged. (The Star Online, Malaysia -- Business)
Auto players pleased with revised NAP Oct 29, 2009
I think this would put pressure on Japanese luxury makes like Lexus, Toyota and Honda, he said ... Honda Malaysia Sdn Bhd, currently one of two companies offering hybrid cars in its line-up, applauded the Governments decision to encourage the development of hybrid and green technologies. (The Star Online, Malaysia -- Business)
A123 Systems and IHI Corporation Sign Joint Marketing Agreement to Develop Advanced Battery Technology Business in Japan Oct 28, 2009
With over 24,000 employees around the world and over 155 years of history, IHI customers include major Japanese car makers Toyota, Honda, Nissan, Mazda, Suzuki and Mitsubishi. The company is a tier one turbo charger supplier to truck and auto makers all over the world. (Primezone Releases)
Honda Rises After Almost Tripling Profit Forecast on China, Japan Sales Oct 28, 2009
Honda Rises After Almost Tripling Profit Forecast (Update1) - Bloomberg ... Honda Rises After Almost Tripling Profit Forecast (Update1) ... Honda gained as much as 4. (Bloomberg -- Asia)
Chrysler ranks last in predicted reliability Oct 28, 2009
Toyota and Honda dominate the reliability charts ... Number one is the Honda Insight, pictured above right ... The Ford Fusion and Mercury Milan, both built on the same platform, beat out the Honda Accord and Toyota Camry in reliability for the second year in a row. (AZCentral -- Business)
Honda Sets All-Time Record for Worldwide Auto Production in Asia and China for the First Half of a Fiscal Year Oct 28, 2009
Tokyo, Oct 28, 2009 - (JCN Newswire) - Honda Motor Co., Ltd., today announced a summary of automobile production, Japan domestic sales, and export results for the month of September 2009 and the first half of the current fiscal year (April-September 2009) ... Honda Motor Co., Ltd. (TSE:7267/NYSE:HMC/LSE:HNDA.L) is one of the leading manufacturers of automobiles and power products and the largest manufacture of motorcycles in the world ... Honda has always sought to provide genuine satisfaction... (JCN Network, Japan)
Best Cars Are Toyota, Honda, Ford, Says Consumer Reports Oct 28, 2009
For the second straight year, the Ford Motor Co. has scored as the only Detroit automaker with quality and reliability to match that of Toyota and Honda, which between them have locked up nearly 25 percent of the enviable "Most Reliable" car list compiled by Consumer Reports magazine ... Ninety percent of Ford, Mercury, and Lincoln products were found to have average or better expected reliability, matching and even surpassing the scores posted by Honda and Toyota and their associated brands,... (Time.com)
Mixed views on RM10,000 fee for open APs Oct 28, 2009
At the moment we are getting what we need, Honda Malaysia Sdn Bhd head of sales and marketing Go Suzuki said of the groups supply of APs. Indirectly, there might be better sales opportunity. (The Star Online, Malaysia -- Business)
Southwest Montana Snapshot Oct 28, 2009
Gypsy wrote on Oct 27, 2009 12:24 PM:" I certainly do not envy the job President Obama faces. He has been in this job for only nine months, but the Republicans blame him for the unemployment rate, trying to orchestrate a government takeover of the health care system, of growing government, of not being a U.S. citizen, of being a socialist/marxist, fascist--take your pick.When Obama was first elected, the general consensus was that he would be given at least a year to get the economy moving... (Montana Standard, MT)
Hawaii car sales down 26% so far Oct 28, 2009
Toyota/Scion continues to hold the largest market share in Hawaii at 32 percent, followed by Honda (17 percent) and Nissan (12 percent). The Hawaii Automobile Dealers Association is holding on to its earlier projection that new light vehicle registrations will increase 13 percent in 2010. (Pacific Business News, HI)
AutoNation to buy Honda, Acura dealerships Oct 28, 2009
said it has signed agreements to acquire Valley Honda and Valley Acura in Spokane, Wash. The Fort Lauderdale-based auto retailer (NYSE: AN) said the dealerships, which will be renamed AppleWay Honda and AppleWay Acura, will become the ninth and 10th new vehicle franchises in Spokane owned by AutoNation. (South Florida Business Journal, FL)
Asians top auto reliability survey Oct 28, 2009
But several models from Ford Motor Co. are now consistently scoring above Honda and Toyota, the perennial leaders ... After Scion, Honda, Toyota, Infiniti and Acura rounded out the top five brands in reliability based on surveys taken in March of subscribers who own or lease 1 ... Honda's Insight hybrid was the most reliable vehicle in the survey, while the luxury SUV Volkswagen Touareg was the least reliable. (Republican-American)
* World Business Quick Take Oct 28, 2009
Honda raises profit forecast. Honda Motor Co raised its full year profit forecast despite earnings diving by more than half last quarter with green car incentives and growth in markets like China expected to further boost vehicle sales ... But Honda, Japans No. 2 automaker, now expects a CHINAnet profit for the fiscal year ending March of D155 billion, nearly four times its initial outlook for a D40 billion profit. (Taipei Times, Taiwan -- World)
Indias top auto brands in dealer service Oct 28, 2009
Following Maruti in the rankings are Honda and Mahindra. The study finds that the proportion of customers who defected from dealership service facilities to non-authorized service centers for their vehicle service requirements has decreased to 7% in 2009 from 11% in 2008. (India Times)
Review: 2010 Chevrolet Equinox Oct 28, 2009
The Bad: Less luggage space than Honda and Toyota, no optional third row of seats ... The 2010 Equinox is a classy, well-designed compact SUV that actually gets better mileage than such rivals as the Honda () , Toyota () Rav4, Ford () , and Kia Sorento ... It's almost exactly the same size as the Toyota Venza which is to say 13 inches longer than the Ford Escape, 10 inches longer than the Honda CR-V, and nearly six inches longer than the Rav4. (BusinessWeek)
School recalls student shirts with sex chat number Oct 28, 2009
In the words of Clovis West High School's Marissa Honda, "Music alone can influence the souls of millions." It is my hope that these students and their dedicated spirit will influence the souls, minds and future for the next generations. OC teacher charged with having sex with student. (Fresno Bee -- State)
Honda in the black, Daimler stays in the red Oct 28, 2009
Honda said Tuesday it expects a net profit for the fiscal year ending in March of 155 billion yen ($1 ... Honda has succeeded in weathering the global economic slump better than some rivals because it focuses on smaller fuel-efficient models such as its new Insight hybrid, which has been a big hit with the Japanese ... Honda also raised its forecast for sales this fiscal year to 3. (USA Today -- Money)
Tuesday Business Highlights Oct 28, 2009
Honda raises forecast, avoids loss for first half. TOKYO (AP) -- Japanese government incentives for green cars and strong sales in China helped Honda Motor Co. avoid red ink for the first half and raise its full year profit forecast. (Pocatello Idaho State Journal, ID)
Sensational Rossi still pushing hard to remain on top Oct 27, 2009
Rossi, who sealed a seventh premier class title with one round to spare after finishing behind Ducati s Casey Stoner and Honda s Dani Pedrosa, let down his hair with his Italian friends for a well-deserved party at a famous nightspot in the city hours after his triumph on Sunday. But he will soon be back to doing what he does best. (The Star Online, Malaysia -- Sports)
Carmakers to end discount season on soaring demand Oct 27, 2009
With big players such as Maruti and Hyundai looking at rationalising these discounts, smaller players like Honda Siel, Ford, Skoda and Fiat are also likely to slash offers in a big way ... Indigo Manza I Cars with Class I New Honda Civic. (India Times)
Honda sharply hikes annual profit forecast Oct 27, 2009
Honda Motor, Japan's number two automaker, raised its annual profit forecast almost threefold Tuesday on the back of cost cuts and government subsidies for fuel-efficient cars ... The brighter profit outlook came despite a tough second quarter, when Honda's net earnings plunged 56 percent year-on-year to 54 ... Honda, which announced in December its shock withdrawal from Formula One due to the credit crunch, said the outlook for the massive US market was murky. (Sydney Morning Herald -- World)
Tata Motors net zooms 110%, analysts still sound caution Oct 27, 2009
Automobile sales for most companies, including Maruti Suzuki and Hero Honda Motors, are surging in the nation after the Reserve Bank of India cut interest rate and the Manmohan Singh government cut taxes on products to revive economic growth after the credit markets collapsed last year. These companies were also aided by the slump in the prices of commodities, such as steel and aluminium. (India Times)
Don't 'fall' for it: Summer makes comeback Oct 27, 2009
Before the blue Honda Civic got all sudsy, Smith and Rogers talked about why they enjoy the club, which is not school sponsored. "It has a laid-back team-building atmosphere," Rogers said. (Framingham TAB, MA)
GO Daddy CEO's wedding takes the cake Oct 27, 2009
Parsons, a motorcycle enthusiast who recently opened Ducati and Honda dealerships in Scottsdale, thanked Goldman by giving him a real Ducati motorcycle and gear. Parsons and LaBelle met on a blind date in the Valley two years ago, Driscoll said. (AZCentral -- Business)
Honda lifts car sales to 3.4mn units Oct 27, 2009
Honda lifts global car sales f'cast to 3 ... Honda lifts global car sales f'cast to 3 ... TOKYO: Honda Motor Co said on Tuesday it expects the dollar to average 85 yen and the euro 125 yen in the October-March second half of the business year. (India Times)
Asian stocks advance on GDP hopes Oct 26, 2009
Honda Motor Co., which gets 47 per cent of its sales in North America, jumped 3 per cent as the weakening yen lifted the outlook for export earnings ... 7 per cent to 3,650 yen and Honda, Japan's No. 2 automaker, climbed 3 per cent to 2,890 yen. (Sydney Morning Herald -- Business)
Honda to up motorcycle output in Indonesia Oct 26, 2009
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India Inc keeps up profit rally in Q2, sales dip Oct 26, 2009
Many large consumer goods and service companies such as ITC, Asian Paints, Pantaloon Retail and top automakers Maruti Suzuki, Hero Honda and Bajaj Auto have reported double-digit growth in revenues and a sharp rise in profits ... A group of six large auto and auto ancillary firms Maruti Suzuki, Hero Honda, Bajaj Auto, Apollo Tyres, Bharat Forge and Exide Industries have together registered a 27% increase in net sales and 87% growth in net profit. (India Times)
Bull's Eye: AEL, Bajaj Auto, Hero Honda, Asian Paints, Yes Bank Oct 26, 2009
Bull's Eye: Adani Enterprises, Bajaj Auto, Hero Honda, Asian Paints, Yes Bank- Investor's Guide-Features-The Economic Times ... Bull's Eye: Adani Enterprises, Bajaj Auto, Hero Honda, Asian Paints, Yes Bank26 Oct 2009, 0601 hrs IST, ET Bureau ... CLSA maintain Outperoform rating on Hero Honda but they see limited potential for absolute returns. (India Times)
Eco challenge: Oct 26, 2009
The Eco Challenge consists of 17 entries, including the first production fully-electric sports car the Tesla, and vehicles made by Ford, Kia, Honda, Hyundai, BMW, Skoda, Suzuki and Holden. Cars can only travel in prescribed time periods. (Sydney Morning Herald -- Business)
Recap: Anaheim vs. Columbus Oct 25, 2009
Fedor Tyutin had the go-ahead goal with 3:22 left in the third period and also added an assist, as Columbus edged Anaheim, 6-4, at Honda center ... Fedor Tyutin had the go-ahead goal with 3:22 left in the third period and also added an assist, as Columbus edged Anaheim, 6-4, at Honda center. (News & Observer -- Sports)
Solar-powered cars race across Australia Oct 25, 2009
The Eco Challenge consists of 17 entries, including the first production fully-electric sports car the Tesla, and vehicles made by Ford, Kia, Honda, Hyundai, BMW, Skoda, Suzuki, Holden, and HSV. Cars can only travel in prescribed time periods. But Drewer expected most attention to remain on the World Solar Challenge with its fleet of unique and quirky vehicles that highlight research and development progress. (MSNBC -- Environment)
Japanese automakers' hydrogen car drive Oct 25, 2009
So does Honda president Takanobu Ito ... Manufacturers such as Honda, however, are making a renewed push behind the vehicles, which run on electricity generated by a reaction between hydrogen and oxygen, belching out nothing more harmful than water vapour ... Honda last year began delivering about 200 FCX Clarity hydrogen-powered cars on lease to US and Japanese customers, including some Hollywood celebrities. (Yahoo! Asia News)
Japanese automakers in new push for hydrogen-powered cars Oct 25, 2009
" onclick="Next();" src="/images/butt_next. A fuel-cell car gives you power, distance. (Channelnewsasia.com)
SHAPE and J&J Medical Collaborates to Launch "SHAPE Centers of Excellence" Oct 25, 2009
Find Honda Certified Used cars in the Seattle area. Free $50,000 practice account with real-time charts news and research. (Yahoo News -- Press Releases)
Aoyama boosts 250cc title hopes by setting fastest lap Oct 24, 2009
Dani Pedrosa (Spa) Honda 2:02 ... Andrea Dovizioso (Ita) Honda 2:03 ... Toni Elias (Spa) Honda 2:03. (The Star Online, Malaysia -- Sports)
CHAT TRANSCRIPT: James Healey answers your questions Oct 24, 2009
I'm also a long time Honda owner ... Honda had promised a diesel, fits in an Acura then probably going into the Accord, but pulled the plug on that a year ago ... Honda offered a production Euro-spec diesel as a benchmark and that one ran quite well, drove nicely. (USA Today -- Money)
Too much rear vision could cost Webber next year Oct 24, 2009
Brawn - the team for which Jenson Button won this year's championship - emerged from the ashes of Honda, a team that was consistently at the middle of the grid despite the benefit of factory backing and hundreds of millions of dollars ... There were claims McLaren had been ''sandbagging'' during trials but Hamilton made it clear before this year's Australian Grand Prix that Honda had obviously given away 2008 in favour of concentrating on developing the 2009 model. (Sydney Morning Herald -- Sport)
Repairing a hybrid doesn't have to cost a lot Oct 24, 2009
The first generation Toyota and Honda hybrids were introduced more than a decade ago and there are definitely thousands of satisfied hybrid owners. Another misconception of gas-electric hybrid vehicles is that they are expensive to maintain. (Fairfax Chronicle, VA)
More than 20 states report higher unemployment rates Oct 23, 2009
Honda Motor Co. also manufactures the Civic at a plant in the state, Guell said. The Civic was a major beneficiary of the clunkers program, which provided rebates to consumers who traded in old cars for newer, more fuel-efficient models. (Ontario Argus Observer, OR)
Reva may sport made-in-US tag Oct 23, 2009
The US market currently has only a couple of electric car plants, but the market is dominated by hybrid cars (petrol+electric) such as Toyota Prius and Honda Insight. Toyota has sold over a million unit of the segment leader Prius in the past decade. (India Times)
Andrea Bocelli Announces Superstar Guest Duets on His Forthcoming Disc, My Christmas, Including Mary J. Blige, Natalie Cole, Reba McEntire, The Muppets, The Mormon Tabernacle Choir and Katherine Jenkins Oct 23, 2009
Tour dates include: November 28 Bank Atlantic Center Ft Lauderdale, FL December 3 Air Canada Center Toronto, Canada December 5 IZOD Center East Rutherford, NJ December 10 SaveMart Center Fresno, CA December 12 MGM Grand Las Vegas, NV December 13 Honda Center Anaheim, CA. Andrea's heart-warming new CD, coupled with his special live concerts are destined to make My Christmas the ultimate holiday musical event of the year. (Yahoo! Wire -- Entertainment News)
Topix May Struggle as Mizuho, Mitsubishi UFJ Raise Cash, Citigroup Says Oct 23, 2009
Toyota and smaller rival Honda Motor Co. produce gasoline-electric hybrid cars. Toshiba said in August it expected to receive orders for 39 nuclear plants globally by 2015. (Bloomberg -- Japan)
World champion Button gets dirty over his budget deal with Brawn Oct 23, 2009
He is understood to be disappointed by an offer only marginally higher and nowhere near the sum he was paid by his previous employers, Honda, thought to be about 10 million ($18m) a year ... In the deal that saved the team from closure, struck with Honda in February little more than a fortnight before the season started, about 100m, sufficient for two seasons at a stretch, was left in the pot. (Sydney Morning Herald -- Sport)
Fire destroys home of Tiburon's 'Purple Lady' Oct 23, 2009
FromMike Harvey Honda. 2005 Silverado 1500. (San Francisco Chronicle -- Sports)
Foreign automakers skip Tokyo car show Oct 22, 2009
Honda Motor Co. President Takanobu Ito shakes hands with humanoid robot Asimo at the 41st Tokyo Motor Show at Makuhari Messe in Makuhari, near Tokyo, Japan ... Honda Chief Executive Takanobu Ito stressed the show is an opportunity to demonstrate the strengths of the Japanese in environmental technology, such as Honda's Clarity fuel-cell vehicle, which runs on superclean energy produced when hydrogen combines with oxygen in the air to produce water ... In addition to the Insight hybrid, which... (MSNBC -- Business)
Japan's car brands get personal Oct 22, 2009
Honda's U3-X unicycle is just 65 centimetres high and looks like a futuristic pogo stick designed by Dyson ... In common with the Segway and Honda's Asimo robot, which can shake hands, walk up stairs and even run, the U3-X has balance technology: the pedal on each side not only supports the rider's feet but also monitors changes in weight distribution ... Honda says: "The compact one-wheel structure of the U3-X puts the rider at approximately the same height as when walking and allows motion in... (Sydney Morning Herald -- Australia)
ASU Hornets compete in Battle of the Bands Oct 22, 2009
MONTGOMERY, AL - Alabama State University's Mighty Marching Hornets Band has joined nearly 5,000 student musicians from 45 Historically Black Colleges and Universities in taking their first steps on "The Road to the Honda" in hopes of being one of the eight lucky bands slated to finish their journey in Atlanta at the 2010 Honda Battle of the Bands Invitational Showcase ... "Online polling for the 2010 Honda Battle of the Bands Showcase will end Friday, Oct. 30, at midnight (EST), so we ask that... (WSJA.com, AL)
Brookline police incident log: Oct. 13-19 Oct 22, 2009
10:01 p.m., Oct. 15 1200 block, Beacon Street A green 1998 Honda Civic was last seen at 6 p.m.. Larceny. (Brookline TAB, MA)
Electric cars take on hybrids at Tokyo show Oct 22, 2009
" From Honda comes the EV-N, a cute new electric concept car with a retro look that can store a one-wheel personal mobility device inside its door. The high cost of rechargeable batteries has long been a barrier to the launch of affordable electric vehicles, but after technological advances the dawn of zero-emission vehicles appears to be approaching. "Hybrids have disadvantages they are heavy, have a complicated system and still use gasoline," said Tatsuya Mizuno, director of Mizuno Credit... (Channelnewsasia.com)
