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Stocks That May Be Affected By Japanese Earthquake: (SNE), (TM), (STRN), (HMC), (MTU)
Friday, March 11, 2011 - 11:34amIn early trading this morning companies that are based in Japan are down. Car manufactures Honda (NYSE: HMC) and Toyota (NYSE: TM) have been down as much as 2% this morning. Electronics maker Sony (NYSE: SNE) is trading 3% lower this morning. Japanese retail banking business group Mitsubishi is...
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Honda Motor Co. (HMC) Exports Down, Domestic Sales Up
Tuesday, February 23, 2010 - 7:26amHonda Motor Co. (NYSE: HMC) announced that exports for the month of January were down 48% from the year before. European sales were the hardest hit, with a drop of 75.5%, while sales in Asia actually rose 7.9%. While exports dropped, domestic sales increased by 40%. Production was up, both in Japan...
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Honda (HMC) Passes Toyota (TM), Tops U.S. Auto Sales
Friday, February 19, 2010 - 8:32pmHonda Motor Co. (NYSE: HMC) has benefited from the Toyota Motor Corporation (NYSE: TM) recall debacle by becoming the number one selling car brand in the U.S., according to a survey by TrueCar.com. Honda's market share climbeD to 13% over the last month. Toyota's market share collapsed from 17.5%...
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Toyota (TM) Lowers 2010 Vehicle Production Forecast
Monday, February 15, 2010 - 9:56pmAccording to the Japanese Sankei Shimbun, Toyota Motor Corp. (NYSE: TM) will reduce its global vehicle production forecast by at least 100,000 this year. The reduction from 7.5 million vehicles down to 7.4 million vehicles does not include non Toyota brand subsidiaries like Hino Motors Ltd. The...
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Toyota (TM) To Announce Testing And Disclosure Changes
Monday, February 15, 2010 - 6:49pm
Toyota Motor Corp. (NYSE: TM) will host a news conference at the auto manufacturer's Tokyo office to announce plans to increase product testing and disclosure of changes being made to cars that are already on the market. One of the issues Toyota Motor Corp. is looking into is how an operational...
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AutoNation (AN) CEO Says Toyota's (TM) Loss Is Rivals' Gain
Saturday, February 13, 2010 - 11:15pmThe head of America's largest auto retailer said that the recent recall troubles of Toyota Motor Corp. (NYSE: TM) are a chance for American car makers Ford Motor Co. (NYSE: F) and General Motors to convince consumers that American vehicles are as reliable as Toyota's. Mike Jackson is the the CEO of...
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Honda Motor Co. (HMC) Recall Expands To Over 900,000 Vehicles
Wednesday, February 10, 2010 - 12:20am
For once, it isn't Toyota Motor Corp. (NYSE: TM) issuing a recall over safety concerns. Honda Motor Co., Ltd. (NYSE: HMC) announced on Wednesday in Asia that the automaker would expand a recall of 2001 and 2002 models to more than 900,000 vehicles worldwide. Since 2008, Honda had issued recalls...
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