Exchange: NYSE·Updated 06:50 PM EST
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HMC Honda Motor Co., Ltd.

$34.40
$0.33
(0.97%)
Today
Closed $34.29
$0.11
(0.32%)
After Hours
EarningsNov 10
Mkt Cap$44.07B
Vol566,517.00

About HMC

Honda Motor Co., Ltd. engages in the manufacture and sale of automobiles, motorcycles, and power products. It operates through the following segments: Automobile, Motorcycle, Financial Services, and Power Product and Other Businesses. The Automobile segment manufactures and sells automobiles and related accessories. The Motorcycle segment handles all-terrain vehicles, motorcycle business, and related parts. The Financial Services segment provides financial and insurance services. The Power Product and Other Businesses segment offers power products and relevant parts. The company was founded by Soichiro Honda on September 24, 1948 and is headquartered in Tokyo, Japan.
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$HMC Honda warns of a “catastrophic” outcome for the auto industry if the U.S. and Canada fail to reach a new trade deal by year-end. Trump has threatened to double tariffs on Canadian vehicles and parts from 25% to 50% on Jan. 1. Jennifer Thomas, American Honda’s SVP of corporate affairs, says North America needs a trilateral deal that includes Mexico to remain competitive. Auto production relies on parts crossing borders, making tariff uncertainty a serious risk. Meanwhile, trade deals with Japan and South Korea include 15% U.S. vehicle tariffs. Thomas is “cautiously optimistic” renewed U.S.-Canada talks can avert escalation. The stakes: costs, supply chains and North American auto competitiveness. (Source: CNBC)

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