Ro_Patel
Posted - 2 days ago
Cox: Used-vehicle inventory levels at the start of May were higher than in April - tax refund season – oftentimes a lift for the used-vehicle market – was unremarkable in 2024, delivering a muted “spring bounce.” The total supply of used vehicles on dealer lots – franchised & independent – across the U.S. stood at 2.27M units as May opened, up 6% from a year ago and up from the 2.22 million units at the start of April. Used-vehicle days’ supply at the start of May was 46 days, compared with the revised 45 days at the start of April, a 2% increase. Against last year, days’ supply was unchanged at the beginning of May. The avg used-vehicle listing price was $25,571, up slightly from the revised $25,536 at the start of April but down -6% y/y The top 5 sellers of the month sold at an avg price of $23,316, more than 9% below the avg listing price for all vehicles sold, & were once again $F $GM$TM $HMC & $NSANY accounting for 49% of all used vehicles sold.
DonCorleone77
Posted - 2 days ago
$HMC Honda CEO believes hybrid boom will last until end of decade, FT says At a recent news conference, Honda CEO Toshihiro Mibe said he expects the boom in global hybrid sales to continue to 2030, which will help fund its Y 10T, or $65B, investment plan to expand EV production, Kana Inagaki and David Keohane of The Financial Times reports. Mibe also said the company would stick to its target to phase out petrol and diesel cars by 2040.
DonCorleone77
Posted - 2 days ago
$HMC Honda to invest Y 10T on EVs, provides briefing on electrification strategy Honda recently held a 2024 business briefing on the direction of electrification initiatives and investment strategy. Key points of the briefing include: Honda has not changed its belief that EVs are the most effective solution in the area of small mobility products such as motorcycles and automobiles, and Honda's electrification target to make EVs and FCEVs represent 100% of its global vehicle sales by 2040 remains unchanged. Through the establishment of a vertically-integrated EV value chain with a central focus on batteries, as of 2030, Honda will reduce the cost of the battery to be procured in North America by more than 20% compared to the cost of current batteries. Honda will establish a competitive business structure with an aim to reduce overall production cost by approximately 35%. For the Honda 0 Series, a global EV series which will be the flagship series of Honda EVs, a total of seven models will be launched globally by 2030 including various models ranging from small to large size. As a part of electrification with the use of Honda Mobile Power Pack e: Honda will introduce a micro-mobility product which will be equipped with 4 MPPs in Japan before the end of FY2026, enhancing the applications of MPPs. Honda is planning to invest approximately 10 trillion yen in resources over the 10-year period through 2030, when the period of full-fledged popularization of EVs is expected to start. Honda will pursue both bold investments for future growth and shareholder returns.
DonCorleone77
Posted - 3 days ago
$TM $HMC $NSANY Japanese automakers to team up on AI, chips for next-gen cars, Nikkei reports Toyota (TM), Honda (HMC), Nissan (NSANY) and other Japanese automakers plan to team up to develop software for next-generation vehicles and will bring together their expertise in areas like generative AI and semiconductors, Nikkei Asia's Riho Nagao reports.
DonCorleone77
Posted - 4 days ago
$HMC Honda seeks to cut China workforce, has 1,700 voluntary layoffs, Nikkei reports Honda is looking to scale back its full-time production workforce in China and has about 1,700 voluntary layoffs so far, Nikkei Asia's Shizuka Tanabe reports. GAC Honda Automobile, a JV between Honda and GAC Group, began seeking employees to resign this month, according to the report.
NewsByNick
Posted - 4 days ago
$HMC | Honda Moves To Cut China Workforce With 1,700 Voluntary Layoffs - Nikkei Asia https://asia.nikkei.com/Business/Automobiles/Honda-moves-to-cut-China-workforce-with-1-700-voluntary-layoffs
IN0V8
Posted - 6 days ago
$HMC expects net profit to decline 9.7% to 1.000 trillion yen ($6.43 billion) and revenue to fall 0.6% to Y20.300 trillion for the year that began in April. https://www.morningstar.com/news/dow-jones/202405103845/honda-motor-expects-annual-profit-fall-announces-share-buyback-update
research68
Posted - 1 week ago
$HMC buybacks is always welcomed . Nice earnings.
Steamdonkey
Posted - 1 week ago
$LCID So the next model Lucid will delay for years will be called the "Earth" 🤣. With a "Earth Dream Edition " . I wonder when Honda $HMC will bring a infringement lawsuit for the "Earth Dream" name, like Lucid is facing with Gravity?
DonCorleone77
Posted - 1 week ago
$HMC Honda sees FY25 EPS Y210.23 Sees FY25 revenue Y20.3T, down -0.6% from FY24. Sees FY25 operating profit $1.42T.
DonCorleone77
Posted - 1 week ago
$HMC Honda reports FY24 EPS Y225.88 vs Y128.01 last year Reports FY24 revenue Y20.428T vs Y16.907T last year.
npcpaperboy
Posted - 1 week ago
$NIO,$GME,$HMC
StockTwitsHugh
Posted - 2 weeks ago
$HMC Question - long term. Which car company to buyout Honda? Any guesses?
bvr
Posted - 2 weeks ago
$HMC makes Canada Great Again with the EV plants, along with a 2.97% dividend rate.
Everything to like.
StockInvest_us
Posted - 04/29/24
Signal alert: $HMC - PivotPoint bottom https://stockinvest.us/l/id8TcihFPA
GiraldoFetz
Posted - 04/27/24
$BIG one last piece of dd...Leonard the Lobster is bullish. The 2005 Honda civic is still givin'er...$1200 car + $400 maintenance costs in 4 years. The blue bonnet is a fuhkin trooper and fires up in -40c mornings. I'll be truly blessed if my next car is as reliable. $HMC is also at the bottom of its trend and probably ready to bounce.
Money_Flow_Trader_
Posted - 04/27/24
@dirk805 just I rather buy $HMC
BuildMoreBuyLess
Posted - 04/26/24
$F $GM $TM $HMC How about some of these manufacturers stop selling us overpriced, over engineered mortgages and give the American people something we need. I would sign a waiver to have a new 10k truck without all the BS—give me simple utility, A/C and some roll up windows. Upselling problematic crap we don’t need for insane prices does not end well ..with people paying what used to be a mortgage payment for their vehicles. Just stop.
davoid49
Posted - 04/25/24
$HMC Honda to build $11 billion electric vehicle hub in Canada
https://www.cnbc.com/2024/04/25/honda-to-build-11-billion-electric-vehicle-hub-in-canada.html?__source=androidappshare
WhisperNumber
Posted - 04/24/24
$F #earnings after close, the expectation from the WhisperNumber community is $0.55, 15c ahead of analyst estimates. Earnings came in $0.12 ahead of the whisper last quarter. 61% beat rate. Implied movement +/-7.6%. https://www.whispernumber.com/wr_options_alerts.jsp #options $GM $HMC
Aigner_Andreas
Posted - 04/23/24
TD BUY $HMC at 34.58, Supp 34.14 Resis 37.04 R8 HiLo 75% T1Y 28 strong_buy 1.0 DIV N/A #Honda Moto #stocks #trading #finance #market
DonCorleone77
Posted - 04/23/24
$HMC Honda, Canada near deal for EV assembly plant in Ontario, WSJ reports Honda is close to an agreement to manufacture electric vehicles and components in Canada, with the government approving a partial offset of capital costs through recently unveiled tax breaks, the Wall Street Journal's Paul Vieira and Vipal Monga report, citing a person familiar with the matter. Under the terms of the agreement with Ottawa and Ontario, Honda will build batteries, process the cathode materials needed for the batteries and also assemble electric vehicles. A formal deal announcement is expected as early as Thursday.
RickRolling
Posted - 04/22/24
$TSLA MC at 440,000,000,000 Billion.
Needs to be where Mercedes and BMW are 90,000,000,000 • It’s far too high and EVs are dead right now. You can buy a Tesla for $15k. They’re done $spx $f $HMC $TM • Tesla is cooked! 💀
victorcastro
Posted - 1 month ago
$HMC $IWM $SMH $SPY $TSLA
