Honda Motor CoNYSE: HMC

The National Highway Traffic Safety Administration is investigating concerns that engines on 1.4 million Honda and Acura vehicles might fail. Transcript: Conway Gittens: On Monday the Dow closed above 44,000 for the first time in history and the S&P made its first close above 6,000.

The National Highway Traffic Safety Administration said on Monday it is opening a probe into 1.4 million Honda vehicles after reports of serious engine issues.

HMC reports mixed second-quarter fiscal 2025 results. While earnings lag estimates and decline year over year, sales outpace mark and increase year over year.

Production volumes are falling, driven mainly by China, but things aren't growing anymore, even in strong markets like the US. In general, the automotive cycle is at risk of turning, and there are signs across the industry of heightening competition. With Honda and other foreign manufacturers, they have also become less appealing with Trump winning the presidency.

Honda Motor Co., Ltd. (NYSE:HMC ) Q3 2024 Earnings Conference Call November 6, 2024 3:00 AM ET Company Participants Shinji Aoyama - Director & EVP, Representative Executive Officer Eiji Fujimura - CFO Conference Call Participants Operator Thank you very much indeed for your participation today.

The Japanese automaker cut its annual forecasts for car sales and net profit after posting a drop in first-half earnings due partly to weakness in its auto business in China.

Japan's Honda Motor reported a 15% decline in second-quarter operating profit at 257.9 billion yen ($1.68 billion), on Wednesday, missing analysts' expectations while keeping its full-year profit forecast.

Honda (HMC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

SALINAS, Calif.--(BUSINESS WIRE)-- #dgdg--Cancer survivor receives car from Salinas Honda, $52,000 raised for American Cancer Society Relay For Life of Salinas Valley.