Jul 2, 2015

Top automakers pony up ¥6 billion for hydrogen stations in Japan

Toyota Motor Corp., Nissan Motor Co. and Honda Motor Co. will together spend around ¥5 billion to ¥6 billion over the next five years to help build hydrogen stations for fuel-cell vehicles in Japan. The financial assistance, designed to partially cover the operating expenses ...

Jun 24, 2015

Two automakers dump Takata as source of air bags

Two major automakers told the U.S. Congress on Tuesday that they are replacing Takata Corp.’s air bag inflators with units from other manufacturers amid growing concerns about the safety of Takata’s product. Executives of FCA U.S. LLC and Honda Motor Co. were speaking during ...

Honda reports eighth death related to exploding air bags

Jun 22, 2015

Honda reports eighth death related to exploding air bags

Honda Motor Co. confirmed Monday a new death linked to an air bag, bringing the global total to eight fatalities. The company said a woman in Los Angeles died last September after a faulty inflator in a 2001 Honda Civic ruptured, firing metal shrapnel ...

Honda remains upbeat despite F1 problems

Jun 21, 2015

Honda remains upbeat despite F1 problems

Honda is committed to Formula One and expects its relationship with McLaren to become a winning one despite current problems with the engine, according to the Japanese car company’s motorsport head, Yasuhisa Arai. “They believe, the chief executive and the board members, they think ...

Apr 28, 2015

Honda profit forecast trails estimates on recalls, U.S. sales

Honda Motor Co. forecast profit that fell short of analyst estimates as the carmaker recovers from its worst vehicle recalls in decades. Net income will probably rise to ¥525 billion in the fiscal year ending March 2016, based on U.S. GAAP accounting standards, from ...

HondaJet makes maiden flight from Sendai to Tokyo

Apr 23, 2015

HondaJet makes maiden flight from Sendai to Tokyo

Honda Motor Co.’s first jet plane made its maiden flight Thursday as the company seeks to boost its reputation for cutting-edge technology. The seven-seat aircraft took off from Sendai and landed at Tokyo’s Haneda airport Thursday afternoon, said Kosuke Kachi, a Honda spokesman. The ...

Apr 21, 2015

As car sales slow in China, automakers trim prices

China’s auto sales growth is slowing to a “new normal” with Bayerische Motoren Werke AG to Honda Motor Co. trimming their prices to sustain demand. BMW will reduce production in the quarter that began this month and has cut prices on some models to ...

Apr 14, 2015

Honda admits Takata air bag fault in Florida injury

Honda Motor Co. on Monday said that a faulty air bag made by Takata Corp. ruptured in the crash of a Honda Civic in March in Florida, injuring the driver. A metal fragment hurled from a front airbag inflator struck the driver in the ...