TOKYO _ Honda Motor Co. on Friday reported fiscal fourth-quarter net income of $855 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Tokyo- based company said it had net income of 47 cents. Keywords: Honda Motor, Earnings Report.
Tokyo- based Honda, which makes the Accord sedan, Odyssey minivan and Asimo robot, said an unfavorable exchange rate and research spending that chipped away at profits were offset by lower recall expenses and cost cuts. Honda is the biggest customer of Japanese air-bag maker Takata Corp., which is recalling millions of defective air-bags whose inflators can...
Waymo, Google's self-driving car project will allow hundreds of people in Phoenix to take rides in the vehicles to get feedback on the experience.
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Harley-Davidson said it will lay off 118 workers at its York, Pennsylvania, plant and shift employment to Kansas City, The AP reports.
The U.S. motorcycle maker saw its first-quarter shipments hit the high end of the company's forecast.
Lower gas prices have not dampened enthusiasm for electric cars, according to a new report from the Automobile Association of America.
U.S. Vice President Mike Pence will meet with Japan's Deputy Prime Minister Taro Aso on Tuesday.
Harley-Davidson has taken the rare step of offering rebates on its 2016 motorcycles to U.S. dealers.
BEIJING— Automakers face a dilemma in China's huge but crowded market: Regulators are pushing them to sell electric cars, but buyers want gas-guzzling SUVs. The Shanghai auto show, which opens to the public on Friday, will showcase work on electric models meant to appeal to Chinese drivers who are wary of the unfamiliar technology's reliability and cost.
Asia markets closed lower in a light trading session as several major markets remain closed for a public holiday.
Fresh off a disappointing quarter of sales, automakers tried to reignite excitement at the New York International Auto Show.
Honda unveiled two new additions to its Clarity lineup on Wednesday, offering more choice to customers seeking alternatives to gas-driven cars.
At the New York Auto Show, Jeff Conrad, Honda American senior vice president, speaks to CNBC's Phil LeBeau about the demand for electric vehicles, the automaker's new Clarity series and his outlook for the auto market.
Asian markets mostly fell, tracking losses on Wall Street and ahead of a highly-anticipated summit between the leaders of China and the U.S.
Asia markets ended lower on Tuesday, with the Australian dollar slipping in the wake of the RBA's on-hold call.
America's long, robust boom cycle for car sales may finally be losing steam.
Automakers reported declining car sales that sent share prices for the Big Three lower.
Ford, GM and Honda report an increasing reliance on truck and SUV sales as U.S. sales of cars continue to slip.
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