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Honda Motor Company latest news:
UPDATE 1-Honda reaches $605 mln U.S. settlement over Takata air bags
WASHINGTON, Sept 1 (Reuters) - Honda Motor Co said
it agreed to a $605 million so-called economic loss settlement
on Friday covering up to 16.5 million U.S. vehicles with
potentially faulty Takata air bag inflators.
Honda reaches $605M U.S. settlement over Takata air bags
Honda Motor Co will announce a $605 million economic loss settlement on Friday covering 11.4 million owners of U.S. vehicles with potentially faulty Takata air bag inflators, sources briefed on the matter said.
Honda reaches $605 million U.S. settlement over Takata air bags
(Reuters) - Honda Motor Co will announce a $605 million economic loss settlement on Friday covering 11.4 million owners of U.S. vehicles with potentially faulty Takata air bag inflators, sources briefed on the matter said.
Honda posts strong first quarter on Asia sales, raises annual profit forecast
TOKYO (Reuters) - Honda Motor Co. posted a better-than-expected quarterly profit as higher vehicle sales in Asia helped offset a slide in North American demand, and drove up its forecast for the year citing a more favorable currency exchange rate.
Honda reports 19 percent rise in profit on sales, cost cuts
Japanese automaker Honda Motor Co. is reporting a nearly 19 percent improvement in fiscal first quarter profit on better sales and cost cuts
GM, Ford shares rally as investors shrug off weak June sales, focus on outlook
Shares of General Motors Corp. and Ford Motors Corp. rose sharply Monday, as investors shrugged off weak U.S. June sales and focused on optimism about the outlook. GM and Ford reported 5% declines in sales for the month, but Honda Motor Co. , Nissan Motor Co. and Toyota Motor Co. all notched gains. Executives were generally upbeat about the second half. "Now, while there's obviously significant fluctuation month to month, we expect our overall fleet business to end 2017 about the same as 2016 in terms of volume, share and percent of our total for all three components: rental, commercial and government," Ford executives said on a media call. Analysts were expecting 2017 sales to lag 2016, a record year. Ford shares jumped 3.5% and GM shares were up 3.6%. The Dow Jones Industrial Average rose 0.8% to a fresh record, while the S&P 500 was up 0.4%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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