If you’re looking for auto stocks to buy, Honda Motor Co. (NYSE:HMC) should be at the top of your list. Bloomberg reported earlier in May that forecasted a strong year for Honda profits due to high demand for its hybrids in the U.S. and motorcycles in Asia. In February, the company projected it would earn 1.25 trillion yen ($8.0 billion USD) in fiscal 2025 (March year-end). Now Honda expects profits to be 1.42 trillion yen ($9.07 billion USD). Some analysts believe it will raise its guidance again in 2025. ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Unsplash/CC0 Public Domain In retrospect, the turnaround—and just how fast it happened—is difficult to believe. In 2010, Ontario's economic future looked grim. Tied as it had been for more than a century to the automobile industry, the provincial economy was in freefall. ...

KEY TAKEAWAYS Honda plans to invest almost 10 trillion yen ($64.4 billion) in its electric vehicle strategy through its 2031 fiscal year, as it seeks to catch up with Tesla and its Chinese rivals. The Japanese automaker has a target of having EVs and fuel-cell EVs account for 40% of its global auto sales by 2030. The increased investment by Honda comes as EV makers scale back their expansion amid slowing growth and intense competition from cheaper Chinese models. Honda Motor (HMC) on Thursday said it plans ...

Honda (NYSE:HMC) layoffs are coming to China as the automotive company using a voluntary program to reduce its headcount overseas. These Honda layoffs are happening at GAC Honda Automobile. This is a joint venture between the automotive company and the state-owned business GAC Group. The current voluntary layoffs include 1,400 employees or 14% of the joint venture’s total workers. The reasons for these layoffs are increasing competition and declining sales in China. That has Honda expecting 2024 vehicle sal ...

Honda (HMC) reported earnings of 99 cents per share for fourth-quarter fiscal 2024, surpassing the Zacks Consensus Estimate of 44 cents. The bottom line also grew from the year-ago profit of 51 cents per share. Quarterly revenues totaled $36.5 billion, missing the Zacks Consensus Estimate of $37.9 billion. The top line, however, increased from $33.1 billion recorded in the year-ago period. Segmental Highlights For the three-month period, which ended on Mar 31, 2024, revenues from the Automobile segment incr ...

财务数据和关键指标变化 - 2024财年营业利润创历史新高,达到13,819亿日元,营业利润率为6.8% [1][2] - 2025财年预计营业利润将达14,200亿日元,营业利润率将达7%,比原计划提前1年实现 [1][2] - 2024财年经营活动产生的现金流(扣除研发费用)约为3万亿日元,同比增加1万亿日元,为未来投资提供了基础 [1] 各条业务线数据和关键指标变化 - 摩托车业务营业利润创历史新高,达5,562亿日元 [2] - 汽车业务营业利润为5,606亿日元 [2] - 金融服务业务营业利润为2,739亿日元 [2] - 动力产品及其他业务营业利润为-88亿日元 [2] 各个市场数据和关键指标变化 - 中国市场销量有所下降,但北美市场需求稳定,总体销量超过上年 [2] - 越南市场摩托车销量下滑,但印度和巴西市场需求强劲,摩托车总销量与上年基本持平 [2] - 汽车销量在北美有所下降,但在日本和北美有所增加 [2] 公司战略和发展方向及行业竞争 - 公司将继续专注于环境和安全这两大社会价值,致力于实现未来移动出行和有吸引力的移动出行社会的愿景 [1] - 公司将加大电动化投入,到2030年实现40%电动化,2040年实现100%电动化或燃料电池车 [9] - 公司正与日产进行广泛的合作讨论,包括电动化、软件等领域,预计在今年内能够就合作内容达成共识 [9] - 公司正在优化产能,并与合资伙伴商讨相关措施,将在2025财年预算中包含相关费用 [2] 管理层对经营环境和未来前景的评论 - 公司已经奠定了未来投资增长的基础,现金流充沛 [1] - 公司将进一步提升混合动力系统的性能和成本,在本十年后期实现突破 [1][2] - 公司将通过优化资本、建立和维护盈利基础、细化电动化战略等措施,尽早实现市盈率超过1倍的目标 [1] 问答环节重要的提问和回答 问题1 **中国业务问题** **Aoyama回答** 公司将在今年下半年推出YE系列首款纯电动车型,并在未来进一步扩大YE系列产品线,以此来拓展中国电动车业务 [2][3] 公司正在与合资伙伴商讨优化产能的相关措施,将在2025财年预算中包含相关费用 [2] 问题2 **研发投入问题** **Fujimura回答** 公司将加大电动化和软件方面的研发投入,2025财年研发投入将达到1万亿日元的历史最高水平 [3][4] 公司将通过提升传统内燃机车型的盈利能力,来支撑更高的研发投入 [4] 问题3 **混合动力定位问题** **Mibe和Fujimura回答** 混合动力是公司的核心技术,2025财年预计销量将达100万辆,占总销量的四分之一 [5][6] 公司将进一步提升混合动力系统的性能和成本竞争力,在本十年后期实现突破,为电动化转型提供支撑 [5][6]

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Honda has made big outlays as it aggressively pursues an ambitious target of acheiving 100 percent electric vehicle sales. Japanese auto giant Honda on Friday logged a record annual profit thanks to improving global vehicle sales, but issued a cautious outlook for the current fiscal year. The company said net profit for the ye ...

Follow Invezz on Telegram , Twitter , and Google News for instant updates > Today, on 10 May 2024, Honda Motor Co., Ltd. reported its earnings for the first quarter of FY24. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins. Honda’s operating profit for this quarter reached an all-time high of 1 trillion 381.9 billion yen and the operating profit margin was 6.8%. Honda Group’s net sales and profits Copy link to section Honda’s motorcycle business sales ...

Honda Motor Co., Ltd. (HMC) is slated to release fourth-quarter fiscal 2024 results on May 10. The Zacks Consensus Estimate for the to-be-reported quarter’s earnings and revenues is pegged at 44 cents per share and $37.96 billion, respectively. For the fiscal fourth quarter, the consensus estimate for HMC’s earnings per share has moved down by 13 cents in the past 90 days. Its bottom-line estimates imply a decline of 13.73% from the year-ago reported number. The Zacks Consensus Estimate for revenues suggest ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The ...