Honda chief rebuilds management team

Feb 24, 2016

Honda chief rebuilds management team

Honda Motor Co. President Takahiro Hachigo is assembling his team of senior executives a year after being named to the position. Nine members of top management are retiring following a series of quality issues. Seiji Kuraishi, head of Honda’s China business, becomes executive vice ...

Strong yen is a brake on Japanese carmakers' profits

Feb 15, 2016

Strong yen is a brake on Japanese carmakers' profits

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Japanese automakers may have run out of the fuel that has driven profits higher for the past four years: the weaker yen. Toyota Motor Corp. and Japan’s six other automakers may combine to earn ¥4.55 trillion in the fiscal year through March 2017, according ...

Feb 4, 2016

Carmakers say India's sudden rule changes raise investment uncertainty

Behind the glitzy song-and-dance sequences at the biennial Delhi Auto Expo, executives from automakers including Maruti Suzuki India Ltd., Honda Motor Co., and Ford Motor Co. are expressing concern about sudden changes in regulation. In December, India’s top court banned the sale of diesel ...

Feb 3, 2016

Honda agrees to new IndyCar engine deal

A rough 2015 season couldn’t chase Honda out of IndyCar racing. Instead, the longtime engine-manufacturer is redoubling its efforts and its commitment to the series. Honda Performance Development President Art St. Cyr announced Tuesday that his company had signed a new contract to compete ...

Honda fetes first HondaJet deliveries in U.S.

Jan 23, 2016

Honda fetes first HondaJet deliveries in U.S.

Honda Motor Co. celebrated the first U.S. deliveries of its new HondaJet at a ceremony in Phoenix as it finally marked its long-awaited entry into the aviation market. The momentous occasion, fulfilling the dream of late founder Soichiro Honda, came 30 years after the ...

Jan 12, 2016

Honda, Volvo take top awards at Detroit auto show

After a few years of Detroit domination, two foreign automakers have nabbed 2016 North American Car and Truck/Utility of the Year honors. A panel of about 55 independent automotive journalists selected the Honda Civic and Volvo XC90 on Monday. The winners were unveiled at ...