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Honda Motor Co Ltd

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  • Last year's profit shortfall was due about half to quality-related costs and half to weaker sales in the United States and Japan, Honda Executive Vice President Tetsuo Iwamura told a briefing for reporters. Honda's sales have suffered in the United States, its biggest market, due to an aging product line-up and as cheaper fuel shifts demand towards large SUVs...

  • Last year's profit shortfall was due about half to quality-related costs and half to weaker sales in the United States and Japan, Honda Executive Vice President Tetsuo Iwamura told a briefing for reporters. All six deaths linked to Takata's inflators so far have been on Honda cars. Honda is also under pressure in the United States, its biggest market, as cheaper...

  • TOKYO— Honda's profit for the fiscal fourth quarter dropped 43 percent as the costs of air bag recalls offset the positives of a weak yen and strong vehicle sales in Asia. The Japanese automaker has been the hardest hit by a recall of air bags manufactured by Takata Corp. of Japan, which supplied air bags for a wide range of Honda models. The problems have tarnished...

  • SEOUL, South Korea— Global stock markets were dented Tuesday by downbeat economic data from Europe ahead of major earnings reports and the Federal Reserve's policy meeting. KEEPING SCORE: Britain's FTSE 100 dropped 0.8 percent to 7,049.37 and Germany's DAX declined 0.7 percent to 11,955.50. BRITISH GDP: Britain's economic growth slowed to a quarterly rate of...

  • Honda is adopting international financial reporting standards from this year, and expects the same net profit under those standards. Honda delayed the launch of new cars last year as it took more time on quality controls, after recalling the remodelled Fit hybrid car five times in less than a year in Japan. For the final January-March quarter of the last...

  • Nikkei rises on dividend optimism, Fanuc soars Monday, 27 Apr 2015 | 10:24 PM ET

    *Fanuc rises sharply, lends strong support to Nikkei. TOKYO, April 28- Japan's Nikkei share average rose on Tuesday morning on hopes of better shareholder returns after Fanuc Corp doubled its dividend payout ratio at its earnings release. Bucking the strong market, Tokyo Electron Ltd plunged 15 percent to a six-month low and was the most traded stock by turnover...

  • Final Glance: Autos companies Monday, 27 Apr 2015 | 6:06 PM ET

    Ford Motor Co. rose$. 13 or. 8 percent, to $15.90. General Motors Co. rose$. 19 or. 5 percent, to $35.78. Honda Motor Co. fell$. 14 or. 4 percent, to $36.22.

  • Midday Glance: Autos companies Monday, 27 Apr 2015 | 1:50 PM ET

    Ford Motor Co. rose$. 15 or 1.0 percent, to $15.92. General Motors Co. rose$. 25 or. 7 percent, to $35.84. Honda Motor Co. rose$. 01 or percent, to $36.37.

  • Early Glance: Autos companies Monday, 27 Apr 2015 | 11:25 AM ET

    Ford Motor Co. rose$. 08 or. 5 percent, to $15.85. General Motors Co. rose$. 15 or. 4 percent, to $35.74. Toyota Motor Corp. fell$. 21 or. 1 percent, to $141.00.

  • Bulls sniffing out an S&P breakout Monday, 27 Apr 2015 | 6:00 AM ET
    Traders work on the floor of the New York Stock Exchange.

    As the Fed meets and earnings news rains down, the big question in the week ahead is whether the S&P 500 can manage a break out.

  • Final Glance: Autos companies Friday, 24 Apr 2015 | 8:08 PM ET

    Ford Motor Co. rose$. 01 or. 1 percent, to $15.77. General Motors Co. fell$. 33 or. 9 percent, to $35.59. Honda Motor Co. rose$. 26 or. 7 percent, to $36.36.

  • Midday Glance: Autos companies Friday, 24 Apr 2015 | 1:36 PM ET

    Ford Motor Co. rose$. 00 or percent, to $15.76. General Motors Co. fell$. 34 or. 9 percent, to $35.59. Honda Motor Co. rose$. 26 or. 7 percent, to $36.36.

  • Early Glance: Autos companies Friday, 24 Apr 2015 | 10:55 AM ET

    Ford Motor Co. rose$. 10 or. 6 percent, to $15.86. General Motors Co. fell$. 37 or 1.0 percent, to $35.55. Honda Motor Co. rose$. 25 or. 7 percent, to $36.35.

  • TOKYO, April 24- A group of former top Sony Corp executives has delivered an unusually blunt critique to the firm's chief executive Kazuo Hirai, accusing him of losing sight of innovation by focusing on cost-cutting. At a meeting at Sony's Tokyo headquarters last Thursday, five former executives, including PlayStation creator Ken Kutaragi, took Hirai to task...

  • Asian stocks end mixed on profit-taking, earnings Friday, 24 Apr 2015 | 3:48 AM ET

    Asian stocks traded mixed on Friday as investors took profits after the recent run-up and as earnings season gets underway in some parts of the region.

  • WASHINGTON, April 23- An executive of Hitachi Automotive Systems Ltd has been sentenced to 15 months in prison for his role in a plan to fix the price of starter motors, alternators and other auto parts, the Justice Department said on Thursday. Takashi Toyokuni, who pleaded guilty in the U.S. District Court for the Eastern District of Michigan, also agreed to pay a...

  • Final Glance: Autos companies Thursday, 23 Apr 2015 | 6:05 PM ET

    Ford Motor Co. fell$. 15 or. 9 percent, to $15.76. General Motors Co. fell $1.24 or 3.3 percent, to $35.92. Honda Motor Co. rose$. 63 or 1.8 percent, to $36.10.

  • Midday Glance: Autos companies Thursday, 23 Apr 2015 | 1:24 PM ET

    Ford Motor Co. fell$. 14 or. 9 percent, to $15.77. General Motors Co. fell $1.39 or 3.7 percent, to $35.77. Honda Motor Co. rose$. 54 or 1.5 percent, to $36.01.

  • Early Glance: Autos companies Thursday, 23 Apr 2015 | 11:02 AM ET

    Ford Motor Co. fell$. 14 or. 9 percent, to $15.77. General Motors Co. fell $1.35 or 3.6 percent, to $35.81. Honda Motor Co. rose$. 34 or 1.0 percent, to $35.81.

  • TOKYO, April 23- Honda Motor Co on Thursday flew its HondaJet business aircraft for the first time in Japan, bringing to life a dream cherished by legendary founder Soichiro Honda, but the automaker said sales of the jet in Asia remain years away. Speaking at an event to mark the aircraft's first appearance outside the United States, Michimasa Fujino, Chief...