HONDA MOTOR CORPORATION
Zomato’s Eternal switch; China’s AI leap forward
Zomato shareholders have greenlit the parent company’s name change to Eternal. This and more in today’s ETtech Top 5.
Takashi Nakajima named new President & CEO of Honda Cars India
Takashi Nakajima has been appointed as the new president and chief executive of Honda Cars India Ltd, effective from April 1. He will replace Takuya Tsumura, who is returning to Honda's Japan headquarters. Nakajima's experience spans multiple countries and roles in business planning, marketing, and product planning.
Trump exempts some automakers from Canada, Mexico tariffs for one month
President Donald Trump exempted automakers from 25% tariffs on Canada and Mexico for one month, contingent on compliance with existing trade rules. The move, aimed at easing trade tensions, led to a rebound in auto stocks but maintained pressure on both countries regarding fentanyl smuggling.
Fact-checking Trump: What he said on tariffs, inflation, taxes, economy in Congress
Trump's address to Congress emphasized tariff plans, economic growth, and lowering egg prices amid avian flu outbreaks. His policies include hefty tariffs on goods from Mexico, Canada, and China. Context and fact-checking reveal economic impacts and inaccuracies in his statements, especially regarding inflation, crime, and trade wars.
Nissan to announce management shake-up, sources say, as CEO Makoto Uchida's future comes into focus
Nissan Motor is considering replacing CEO Makoto Uchida due to declining business performance and a failed merger with Honda Motor. Talks of combining to form a $60 billion car company fell apart after Honda's proposal to make Nissan a subsidiary was rejected.
Ode to three Boxes: Sedans - the vanishing breed of the 3-box legacy
Sedans, once symbols of milestones and corporate prestige, are losing their market share to SUVs. However, there remains a niche market for high-end sedans and potential for growth in the electric vehicle segment if affordability issues are tackled.
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These mid-cap stocks with ‘strong buy’ & ‘buy’ recos can rally over 26%, according to analysts
In the last three weeks, the correction in the market has been led by mid-cap stocks. There is one common thread which runs through the stocks which have corrected the most: Very high valuations. A number of them were, ironically, outperformers in the first phase of correction in October-November 2024. A last bull becoming a bear kind of phenomenon. Looking ahead, in the short term, market sentiment would be governed by what the budget offers. But, as always, in the long term, it is earnings and valuations which matter to the street. As a relief rally takes place, it would be better for investors to use the upmove to rejig their portfolios. Take into consideration how companies performed in Q3. And what kind of commentary came with it.
Asian shares track Wall Street optimism before BOJ
Equity benchmarks rose in Tokyo ahead of a key interest rate decision by the Bank of Japan later Friday, where a hike is expected. Stocks also rose in Sydney and Seoul.
Honda, Nissan move to deepen ties, sources say, including possible merger
Japanese automakers Honda and Nissan are discussing the creation of a joint holding company to share resources and bolster their competitiveness against rivals like Tesla and Chinese manufacturers. While both companies confirmed ongoing collaborations, they denied any formal merger announcement.
Big New Year deal: Nissan, Mitsubishi shares on fire on potential mega-merger with Honda
Combining resources and scale could help Honda and Nissan better compete globally.
Honda commissions new R&D facility to accelerate electrification in India
Honda R&D (India) established a Bengaluru centre to drive Indian electrification, in line with Honda's 2050 carbon neutrality vision. Their focus includes achieving carbon-neutral motorcycles by the 2040s through advanced technologies and open innovation.
Honda Motor announces top management changes
The company announced the elevation of Vinay Dhingra, who was earlier Director - General & Corporate Affairs, Strategic Information System and Honda India Foundation, HMSI, as the Senior Director - Human Resource and Administration, Corporate Affairs, Information Technology and Honda India Foundation.
Honda taps Toshihiro Mibe as chief to steer in ecological times
"I am going to build a house that is the future of Honda on the foundation of businesses that Mr. Hachigo has worked so hard to create. And this building must have resilience, to withstand this once in a hundred years transformation," Mibe told reporters.
In top gear: Honda Motorcycle FY18 sales rise 16% to Rs 26,728 crore
The story was different in fiscal 2018, though, as volume grew 22% on strong demand for scooters.
Toyota recalls 23,157 units of Corolla Altis in India
Corolla Altis is priced between Rs 15.87 lakh and Rs 19.91 lakh (ex-showroom Delhi).
Honda begins world's largest 'only scooter' plant in Gujarat
Honda Motorcycle and Scooter India Pvt Ltd held the foundation stone laying ceremony for its 'scooter manufacturing only' plant at Vithalpur in Ahmedabad district of Gujarat.
Hero Honda hires Law & Kenneth to create brand identity; stock down
Hero Honda has hired UK creative agency Law & Kenneth to create a brand identity after parting ways with 27-year-old partner Honda Motor.
Heard on the Street: Hero Honda, IDBI Bank
The shares of two-wheeler major Hero Honda Motors rose substantially after the Cabinet Committee on Economic Affairs approved Hero Investments' Rs 4,500-crore foreign direct investment proposal on Tuesday.
Munjals pledge shares to fund buy
Hero Investments Private Limited has pledged the company’s entire 17.33% shareholding in Hero Honda in order to bridge finance its buyout of Honda’s 26% stake in the joint venture.
The entity Hero Honda does not change: Ravi Sud, CFO, Hero Honda
Ravi Sud, chief financial officer of Hero Honda, spoke to ET on the apprehensions springing from Hero Group's deal to buy 26% stake of its Japanese joint venture partner Honda Motor Co.
Hero admits Rs 28.75 cr exposure in Citi fraud
Brijmohan Lal Munjal-promoted Hero Group on Friday admitted that it has an exposure of . 28.75 crore in Citibank's estimated Rs 300 crore fraud.
Analysts buy Hero Honda royalty story, lift stock 18%
However, there is limited clarity on royalty, deal pricing dampening spirits among some.
Hero Honda shares tank on JV termination report
Hero Corporate will buy 26 percent of Honda's stake in the joint venture for $1 billion to $1.2 billion.
Hero Honda stock slips 5% on JV split details
Hero Honda Motors stock tumbled nearly 5% on Monday in early trade before closing 3% down at Rs 1,774 on the Bombay Stock Exchange.
Hero Honda slips on JV breakup, investors may veto deal terms
Shares in Hero Honda Motors fell nearly 5 per cent early on Monday on reports that Honda had agreed to exit its stake in the joint venture.
Hero Honda announces realignment of Munjal family stake in the company
Hero Honda -- a joint venture between the Munjals and Japan's Honda Motor Co -- on Monday announced a realignment in the ownership of stake of its Indian promoters' holding in the country's largest two-wheeler maker.
B M Munjal to ride Hero Honda under family settlement pact
B M Munjal and his sons will hold the stake as Indian promoters in the country's largest two-wheeler maker Hero Honda as part of the family settlement of $ 4.2-bn Hero Group.
Honda to sell 100 jets a year from 2010
Japanese auto major Honda, which has announced a foray into aviation, plans to sell 100 jets a year, after it begins commercial production in 2010.
Tata in Forbes top 20 most reputed cos
Maruti Suzuki, Hero Honda Motors, HLL, ITC, SBI, Infosys and M&M are also in the top 200 list.
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