Honda Motor Co., Ltd. (ADR) (HMC)
The Company develops, produces and manufactures a variety of motor products, ranging from small general-purpose engines to specialty sports cars.
Recs
This stock doesn't seem to move much even on big days. The way the dollar has been acting vs. the yen, and the negative reports in the car sector after cash for clunkers, makes me think its going to hang around the 31-32 dollar mark.
Recs
solid company but will not take off until dusts settle down
Recs
Toyota-wanna be, doomed to an existence of mediocrity. Things will only get worse for honda once the convergence of crisis (financial, oil etc) gets really going.
Recs
It is a pig in the back of the pickup on the way to the slaughter. It will recover but it will be a while.
Recs
Analysts predict a long-term decline in earnings. If even those perennially optimists think that, it must be in trouble.
Recs
It is a "monopolies" company, by defination it has many sellers, although sellers try to differntiate, Main St., wants a car that produce 50 (fifty) miles to a gallon of gas per car. We want it afforable, in the name of "saving the planet," and we don't care what it looks like, as long as we can pack our kids, and grocery bags in them.
Which ever producder of this car, could become a "obligopolies"
My dollar is on, Ford
Recs
Weakening consumer confidence and shrinking Japanese market for cars mean that this stock won't do well.
Recs
when things get bad you take care of you family and friends - -> in Japan that will be loyalty to the workers -- that will bit at the bottom line -- in america it will mean "buy American"--combined with -- fuel cost -> translation-> shipping cost -- bank finance for free --any money on made by a car manufacture will be nil to none --
Recs
The next few months will be tough for all automotive companies and i expect honda to take a hit just as well as the other companies. However expect a rebound come Q3.
Recs
I used to have this co as outperform but based on my personal experience honda is on the down slope of the success curve.
The transmission in my 3rd honda (minivan) started to slip. I was quoted $3700 to repair and no warranty. I bought the Honda in Canada and I now live in the US. A manager at American Honda told me they are not the same company and a Canadian Honda is much different from the American model. (the idiot does not know they are made on the same assembly line) She then said, "asking American Honda to honor the warranty on a Canadian Honda is like buying a dress at Sears and asking Macys for a refund!"
problem #1 who in the heck buys dresses at Sears (see my Sears Holdings underperform)
problem #2 idiot manager analogy would have been correct if I was asking honda to honor a Dodge warranty
a correct analogy would have been buying something at Sears and returning it at a different Sears location, which all customers expect.
The fact that Honda management would even speak to me in that way shows they don’t value customers, this is my third and last honda. I would rather buy a ... gulp... a GM product before I ever buy another Honda. (okay most likely Toyota or Lexus)
so why is a tranny breaking at 60k miles anyway on a car that has had regular dealer maintanence? Bad service and unreliable means there is absolutely no reason for Honda to exist. (super nice job on the muscle hybrid accord - lol)
Recs
Economy has slowed and car manufacturers are still overproducing product. When the economy does regain momentum--Honda will soar in Hybrid sales. The public will remember high gas prices for a long time to come.
Recs
Honda ended its fiscal 2007, with a sturdy performance. For the fiscal year ended 31 March 2007, revenues increased 12% to Y11.08 trillion as a result of higher inflows from sales of motorcycle in the overseas markets, while financial services and other business segments also hiked their contributions in the top-line. The revenue growth can also be attributed to rise in fuel-efficient vehicle sales and positive impact from weakening of Yen. However, it is the net income tally that failed to generate the growth, and actually observed a 1% slide to Y592.32 billion, led by increase in cost of production and higher interest and other non-operating expenses.
The company recently announced recalling 166,000 vehicles in the United States of the Accord, Odyssey and five other models to fix a faulty component in the fuel pump. While more than 390,000 vehicles are recalled in Japan for a similar problem. This massive recall though is necessary for over all customer satisfaction and safety, does not create a favorable impact on the new buyers, which might decide to switch to other car makers.
Going ahead, the company estimates fiscal 2008 profits to slide by 3%, as a result of high commodity prices which are expected to continue to hit the gross margins. While the global shift to compact cars, is also causing worries for the company, as compact cars generate a much lower-margin in comparison to Honda’s mid-sized sedans. The quality-related expenses for a series of vehicle recalls around the world, is also likely to have a negative impact in the fiscal performance. Moreover, the strengthening of Yen, weak forecast given by the company and limited production facilities to cash-in on rapid demand for some of its premium models, makes Honda a feeble investment for the rest of the year.

RSS Headlines
Fool UK
- Show Me:
-
Outperform
-
Underperform
-
All
- Sort by:
-
Author
-
Recs
-
Date
-
Member Rating
-
Results 1 - 12 of 12