Honda and Yamaha have joined forces to advance the electric motorcycle market in Japan by agreeing on the supply of electric models in the Class-1 category. This partnership, built on years of collaboration, aims to address challenges such as range and charging time.

Ahead of the new Amaze’s global release, Honda has started road testing the vehicle. The first-ever glimpse of the new Amaze is anticipated to occur before the end of this year, with delivery most likely to start in January 2025. The spy photos have disclosed some information about the next version of the Honda small […]

https://www.investing.com/news/press-releases/honda-and-yamaha-reach-agreement-on-oem-supply-of-electric-motorcycle-models-in-the-class1-category-93CH-3561335

TOKYO, Aug 8, 2024 - (JCN Newswire) - Honda Motor Co., Ltd. (Honda) and Yamaha Motor Co., Ltd. (Yamaha) today announced that they have reached an agreement for Honda to supply Yamaha with electric …

TOKYO (AP) — Asian shares dropped early Thursday morning trading after declines on Wall Street, as the gyrations that recently slammed global markets haunted investors. Japan’s benchmark Nikkei 225 fell as much as 2.4% in early morning trading, to 34,264.75. Australia’s S&P/ASX 200 shed 0.6% to 7,652.70. South Korea’s Kospi dropped 1.8% to 2,523.52. Hong Kong’s Hang Seng dropped 1.1% to 16,694.63. The future for the S&P 500 was down 0.2% and that for the Dow Jones Industrial Average edged 0.1% lower. Although Wall Street slumped on Wednesday, the decline wasn’t as bad as the manic moves that earlier wracked worldwide markets. European markets logged strong gains. Japanese officials moved Wednesday to calm concerns over potential rate hikes after an increase in its key rate contributed to the heavy selling on Monday, when the Nikkei suffered its worst percentage loss since 1987. The Japanese yen was relatively stable after big gains in its value against the U.S. dollar that led investors to dump shares on Friday and Monday.

Honda Motor Co. reported a 23% increase in first-quarter profit, driven by robust hybrid vehicle sales in the U.S. and Japan, coupled with a favourable exchange rate. The company’s operating profit for the April-June period reached 484.7 billion yen ($3.3 billion), surpassing analyst expectations.

TOKYO ― Japan''s Honda Motor reported a 23 percent increase in first-quarter profit on Wednesday as the automaker benefited from a weaker yen, higher pricing and growing hybrid vehicle sales in the US and its home market. Japan''s second-biggest carmaker said quarterly operating profit totaled 484.7 billion yen ($3.3 billion) in the April-June period, compared with an average estimate of 472.4 billion yen in a poll of seven analysts by LSEG. The company maintained its full-year operating profit forecast of 1.42 trillion yen, while slashing its sales outlook for China by 21 percent to 840,000 vehicles for that period. Honda said last week its global vehicle sales grew 2 percent to 1.9 million over the first six months of the year, largely due to a 9 percent rise in sales in the US, its top market. In contrast, it faced heavy headwinds in China where it saw sales slump 23 percent to 416,000 vehicles. In China, Honda has been suffering from heavy price competition and a faster-than-expected decline in the market for internal combustion engine vehicles, CFO Eiji Fujimura told an earnings briefing.

Honda Motor Company (HMC) has released an update. Honda Motor Co., Ltd. has reported a robust performance in its consolidated financial results for…

Japan-based car manufacturer Honda Motor Co. ($JP:7267) reported its Q1 results for FY25, with operating profit soaring 23% year-over-year to ¥484….

HMC earnings call for the period ending June 30, 2024.