honda motor co ltd-spons adr (HMC) Key Developments
Honda Motor Company to Launch New Civic Black Edition in United Kingdom
Aug 18 14
Honda Motor Company is launching a new Black Edition of its Civic hatchback in the United Kingdom. The vehicle is priced at GBP 21,455. The company is offering monthly payments from GBP249 at 0% APR over three years and a GB P500 deposit contribution. The model is available with a choice of 1.6i-DTEC diesel and 1.8i-VTEC petrol engines.
Honda Plans to Stop Production of Sporty CB Stunner
Aug 14 14
Now-a-days, there is a decline in the sales of the Honda's sporty CB Stunner, so Honda has planned to stop its production. Inspite of its fascinating features like split seats, alloy wheels and snazzy graphics, available with the 125 cc bike, there has been a failure in making the product to reach the customer's expectation level. Though the 125 cc, air-cooled engine that gets mated to a 5-speed gearbox, churns out 11 PS of power and 11 Nm of peak torque, it didn't exactly have the required sporty streak to it. However Honda have tried to reignite interest in the Stunner brand by launching the fi variant of stunner, but even its production has been halted in 2013.
Honda Motor Company Announces Price of 2015 Fit for the Canadian Market
Aug 11 14
Honda Motor Company has announced the price of its all-new 2015 Fit for the Canadian market. The vehicle is to arrive at Canadian dealerships on September 19, 2014 and will be available with a manufacturer's suggested retail price starting from CAD 14,495. It will be produced in Celaya, Mexico. The model is equipped with a new 1.5-litre engine that delivers 130bhp and 114 pound feet of torque. It is available in DX,LX, EX, and EX-L Navi trims. The model features one touch turn signal, LED brake lights, multi-angle rear-view camera and Bluetooth(R) HandsFreeLink(R), Smart Entry Push Button Start, a one-touch operated moonroof, 7-inch touchscreen Display Audio with next-generation HondaLink, heated seats, automatic climate control, navigation system and leather upholstery.
Honda Motor Announces Sales Results for the Month of July and for the period from January to July of 2014 in China
Aug 5 14
Honda Motor announced sales results for the month of July and for the period from January to July of 2014 in China. For the month, the company sold 39,543 local-produced vehicles in China in July, down 22.7% from a year earlier.
For the period from January to July, the company reported sales volume rose 6.9% to 392,959 units. Except Fit, other major car models including Accord, Crider and CR-V saw sales volume drop sharply.
Honda Motor Co., Ltd. Announces Consolidated Cash Flow Results for the First Quarter Ended June 30, 2014
Aug 5 14
Honda Motor Co., Ltd. announced consolidated cash flow results for the first quarter ended June 30, 2014. For the quarter, the company reported net cash provided by operating activities amounted to JPY 354,671 million compared to JPY 304,190 million a year ago. Capital expenditures were JPY 194,225 million compared to JPY 210,696 million a year ago.