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honda motor co ltd-spons adr (MDMA) Snapshot

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11/29/13 - €30.93
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honda motor co ltd-spons adr (MDMA) Details

Honda Motor Co., Ltd. manufactures and sells motorcycles, automobiles, and power products. It operates through four segments: Motorcycle Business, Automobile Business, Financial Services Business, and Power Product and Other Businesses. The Motorcycle Business segment offers business and commuter models, as well as sports models, including trial and moto-cross racing motorcycle; all—terrain vehicles; and multi utility vehicles. The Automobile Business segment manufactures various automobile products, such as passenger cars, light trucks, and mini vehicles. The Financial Services Business segment provides various financial services comprising retail lending, leasing, and other financial services consisting of wholesale financing to dealers and customers. The Power Product and Other Businesses segment manufactures various power products, including tillers, portable generators, general-purpose engines, grass cutters, outboard marine engines, water pumps, snow throwers, power carriers, power sprayers, lawn mowers, and lawn tractors. It also offers compact home-use cogeneration units. The company sells its products through independent retail dealers, outlets, and authorized dealerships primarily in Japan, North America, Europe, and rest of Asia. Honda Motor Co., Ltd. was founded in 1946 and is based in Tokyo, Japan.

198,561 Employees
Last Reported Date: 06/20/14
Founded in 1946

honda motor co ltd-spons adr (MDMA) Top Compensated Officers

Chief Executive Officer, President and Repres...
Total Annual Compensation: ¥150.0M
Executive Vice President, Corporate Brand Off...
Total Annual Compensation: ¥141.0M
Compensation as of Fiscal Year 2014.

honda motor co ltd-spons adr (MDMA) Key Developments

Anapol Schwartz Files Class Action against Takata Corporation, Honda Motor Co

Anapol Schwartz Shareholder Larry Coben filed a class action lawsuit against Takata Corporation, Honda Motor Co., and numerous other manufacturers on behalf of about 20 million people who own or lease vehicles with defective Takata airbags that may explode and shoot shrapnel during an auto collision. The staggering number of vehicles recalled for the potentially deadly defect has led to an acute shortage of parts to correct the problem. The only solution offered by manufacturers to date is to either disable the airbags completely or to encourage customers not to drive their vehicles until the airbags can be fixed. Customers have been left with either an unsafe vehicle or no vehicle at all as a result. The legal action seeks monetary relief for millions of affected vehicle owners and a mandatory order for prompt repair of the defective airbags. The lawsuit also seeks an injunction forcing Takata to turn over to competitor airbag manufacturers the necessary technical information to help manufacture and replace these unsafe safety systems.

Honda Motor Co., Ltd. Announces the Collaboration with FirstElement Fuel

Honda Motor Co., Ltd. announced the collaboration with FirstElement Fuel. The collaboration is aimed at increasing the number of hydrogen refuelling stations in California. Both firms have signed a letter of intent to provide USD 13.8 million of financial assistance which, with some state money, is to construct FirstElement's 12 stations.

Honda Launches Honda Developer Studio in Silicon Valley to Grow App Ecosystem

Honda has unveiled Honda Developer Studio, an online portal and open innovation workspace in Silicon Valley. The portal and garage will enable developers to work directly with Honda engineers to create apps that are road-ready more quickly. The announcement comes on the heels of Google's debut release of the Android Auto software developer kit (SDK), which allows Android developers to easily extend their apps to the in-vehicle environment. Starting in December, Honda Developer Studio will enable app developers to test their Android Auto apps in a prototype vehicle environment and collaborate with Honda R&D teams. The goal is to help developers refine their ideas and accelerate the learning curve for newcomers to the automotive industry by encouraging them to consider 'automotive grade' engineering principles, as well as driver safety and privacy - top Honda priorities - from the get go.


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