Honda, Hitachi to partner on electric vehicles

Feb 7, 2017

Honda, Hitachi to partner on electric vehicles

Automaker Honda Motor Co. has signed a deal with Hitachi Automotive Systems to jointly develop, make and sell motors for electric vehicles, as the industry adapts to concerns over global warming and the environment. The companies announced the agreement Tuesday. Honda, which also makes ...

Jan 13, 2017

Honda to revive Civic in Japan after six-year hiatus

Honda Motor Co. will revive the Civic compact line in Japan this summer after a roughly six-year hiatus, the automaker said Friday. Honda, which plans to launch three Civic models including a sedan, aims to enhance its brand power by reviving the popular line. ...

Nov 29, 2016

Domestic output for eight Japan carmakers fell 3.2% in October

The combined domestic output of eight major Japanese automakers fell 3.2 percent in October from a year earlier to 743,086 vehicles for the first decline in three months, according to data from major automakers. Six of the eight carmakers reported declines, with Mitsubishi Motors ...

Nov 9, 2016

Japan's seven top carmakers see April-September sales sag amid high yen

Japan’s seven major automakers logged drops in group sales in April-September, reflecting the yen’s appreciation, their latest earnings data have showed. Toyota Motor Corp., Mazda Motor Corp. and Fuji Heavy Industries Ltd., which rely on exports more heavily than others, posted operating profit declines ...

Oct 31, 2016

Honda upgrades profit forecast as SUVs lead surge in China sales

Honda Motor Co. raised its forecast for full-year profit as demand for Vezel and XR-V sport utility models surged in China, the carmaker’s second-largest market. Net income will probably rise to ¥415 billion in the fiscal year ending March, more than the ¥390 billion ...

Honda to open new XR-V factory in China in 2019

Oct 18, 2016

Honda to open new XR-V factory in China in 2019

Honda Motor Co. plans to build a new factory in China that will produce passenger cars from 2019, boosting its output capacity in the country by about a fifth, two people familiar with the matter said on Tuesday. Honda and partner Dongfeng Motor Group ...