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☆ How the EV era is challenging leading engine maker Honda
▼ + stars: | 2024-11-22 | by ( Robert Ferris | In | ) www.cnbc.com time to read: +3 min

Honda is the world's largest engine manufacturer, powering about 27 million cars, motorcycles, generators, yard tools, airplanes, and other items. But it is struggling in some key regions, especially China, and it's challenged by the era of electric vehicles. Honda has been relatively slow to release models, and it has depended heavily on partners to keep up. Honda does have an in-house EV plan and its own platform. It's sinking $65 billion into EVs and software globally, including $11 billion in Canada and $3.5 billion for upgrades to facilities in the United States.

Persons: it's, Karl Brauer, they'd, Jake Fisher, Honda's, Gregory Noble Organizations: Honda, Acura, Ferrari, Lamborghini, Porsche, McLaren, Consumer, U.S, General Motors, Detroit, Toyota, University of Tokyo's Institute of Social Science Locations: U.S, China, Canada, United States

☆ From clothes to computers, 6 things expected to get more expensive if Trump's trade plans are enacted
▼ + stars: | 2024-11-15 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +10 min

If implemented, Americans could see prices rise across several product categories. AdvertisementBased on analyses from economists and trade experts, here are the goods that could become more expensive for Americans under Trump's tariff proposals. AdvertisementSome retailers have already announced preparations to increase prices should Trump's tariff plans go into effect. AdvertisementGold said it's unlikely Trump's tariffs would go into effect on day one or day two, and "it's tough to say right now at what point consumers would feel the impact." AdvertisementA report from centrist think tank ThirdWay said that Trump's tariff proposals analyzed eight common purchases that the US either heavily imports or is unable to produce domestically.

Persons: Donald Trump, Trump, —, Mary Lovely, Lovely, There's, Joe Biden, Jonathan Gold, it's, Karoline Leavitt, Tim Boyle, Gold, Philip Daniele, Daniele, Shinji Aoyama, Henrik Elm, Elm, Taylor Rogers Organizations: Trade, Service, Peterson Institute for International Economics, Trump, Consumers, National Retail Federation, Retailers, Bank of America, Columbia, Washington Post, Electronics, Consumer Technology Association, CTA, Honda, General Motors, Ford, Inter Ikea —, Ikea, Reuters, NPR, International Trade Commission, Republican National Committee Locations: China, Mexico, Europe

☆ Why Toyota and Honda vehicles have such high resale values
▼ + stars: | 2024-11-04 | by ( Robert Ferris | In | ) www.cnbc.com time to read: +1 min

Toyota and Honda have at times been called boring: Honda by its own engineers, Toyota more famously by a chairman descended from the company's founder. But while they may not have the luster of, say, European sports cars, these two Japanese brands have enviably high resale values. Toyota has topped Kelley Blue Book's Best Resale Value list eight times since 2014, including the last four consecutive years. Another key for the automakers is that Toyota and Honda listen carefully to customers and try to build only what they think people will buy. "The market tends to have much greater demand than Toyota supplies up front, which keeps resale high, which keeps consumers happy, and the cycle continues on and on," said Tyson Jominy, vice president of data analytics at J.D.

Persons: Tyson Jominy Organizations: Toyota, Honda, Lexus, Acura Locations: .

☆ I drove Acura's $62,000 TLX to see if it could compete with Cadillac and BMW
▼ + stars: | 2024-10-06 | by ( Benjamin Zhang | ) www.businessinsider.com time to read: +1 min

The Acura TLX Type S is a high-performance variant of Acura's TLX compact luxury sports sedan. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Since the NSX sailed off into the sunset in 2022, the TLX Type S has taken up the mantle as the brand's performance flagship, competing against the Audi S4, Cadillac CT5-V, Genesis G70, and BMW M340i xDrive. The current generation of Acura's compact TLX luxury sedan launched in 2021 and received a mid-cycle refresh in 2024 with tweaked styling, updated tech, and a quieter cabin.

Persons: — Organizations: Acura, Service, Vehicles, Integra, NSX, Audi, Cadillac, BMW M340i

☆ The unsung warriors of 'The Price Is Right'
▼ + stars: | 2024-09-29 | by ( David Kushner | ) www.businessinsider.com time to read: +41 min

As one of the game show's four models known as "Barker's Beauties," Hallstrom had been a morning fixture in millions of homes. Hallstrom hasn't seen "The Price Is Right" in ages, and she winces when I say its name. The Price is Right / Internet ArchiveHallstrom, like her mother, was also modeling on the side. To counteract its image, "The Price Is Right" announced that Barker's Beauties would be adding a Black model. "I want you folks to know that the lovely Dian is leaving 'The Price Is Right' to pursue other interests," Barker announceAdvertisement"You are the heart and soul of 'The Price Is Right,'" she told the audience.

Persons: Holly Hallstrom, wasn't, She'd, Bob Barker, Hallstrom, America's, Lucille Ball, Carol Burnett, Barker, groped, Bob, Matt Lauer, Charlie Rose, Roger Ailes, Leslie Moonves, — Dian Parkinson, Janice Pennington —, Marcus, —, she'd, Mark Goodson, Johnny Olson, Janice Pennington, Dian Parkinson, Pam Anderson, deadpanned, pratfalls, David Hasselhoff, Goodson, Goodson doesn't, Pennington, Kathleen Bradley, Bradley, Deborah Curling, Black, Steve Grayson, Parkinson, Linda Riegert, Riegert, Dian, Nancy Burnet, Barker's, Burnet, Holly, Smokey Robinson, Tim Reid, I've, Parkinson didn't, who'd, huff, Bradley she'd, They'd, bimbo, She's, Roger Neal, Neal, TikTok, kitschy Barker, Adam Nedeff, . Phillips, Suzanne Somers, Roger Dobkowitz, Jonathan Goodson, Annie Wells, they'd, Les Moonves, Curling, Moonves, George Gray, Mary Capps, Brandi Cochran, Lanisha Cole, Cole, Cochran, David Livingston, Victoria Sirakova, Ron Galella Organizations: Honda, CBS, YouTube, CBS Television, Navy, Future Farmers of, Hollywood, Beauties, Miss, Playboy, Caucasian Broadcasting, West Hollywood, PlayBoy, Bradley, National Enquirer, National, Goodson Productions, Hollywood Museum, Pillsbury, Entertainment, Hallstrom, Curling Locations: California, San Diego, America, Austin, Texas, Bay, Future Farmers of America, Tahiti, Lincoln, Laurel, West, Los Angeles, Pennington, Paris, Pacific Northwest, Glendale , California, Bradley

☆ The Unsung Warriors of 'the Price Is Right' Who Took on Bob Barker
▼ + stars: | 2024-09-29 | by ( David Kushner | ) www.businessinsider.com time to read: +41 min

As one of the game show's four models known as "Barker's Beauties," Hallstrom had been a morning fixture in millions of homes. To counteract its image, "The Price Is Right" announced that Barker's Beauties would be adding a Black model. "That's exactly how we knew when she started having sex with Barker," Hallstrom says. "If one more thing happens on that set," Barker told him, "fire Holly." Before she left the show, Parkinson told Bradley she'd been fighting a stomach ulcer from all her battles with Barker.

☆ Japan can't get enough of tiny vehicles. Here's Honda's latest: a $15,500 miniature EV truck.
▼ + stars: | 2024-06-14 | by ( Tom Carter | ) www.businessinsider.com time to read: +1 min

Honda has unveiled the N-VAN e, a tiny electric truck costing from $15,500. The diminutive truck is targeted at delivery companies and goes on sale in Japan in October. Japan is famous for its tiny Kei cars, which are ideal for short journeys and city driving. Now, Honda is getting into the tiny EV game. The Japanese automaker has unveiled the N-VAN e, a miniature electric truck that starts at 2.44 million yen ($15,500).

Persons: —, Nissan Organizations: Honda, Service, Kei, Bloomberg Locations: Japan, Tokyo

☆ With EVs, Honda may be North America's most committed automaker, for the moment
▼ + stars: | 2024-06-09 | by ( Kevin Williams | ) www.cnbc.com time to read: +6 min

While missing a host of brands, this year's edition of the Los Angeles Auto Show debuted a range of new models. But at least one automaker says it is ramping up its North American EV strategy in 2024: Honda Motor Company. Honda's EV moves come against the backdrop of EV pullbacks from other major auto manufacturers; and in some cases, shelved EV plans altogether. GM itself is playing a key role in the first mass-market EV Honda is introducing, the Prologue. The All-Electric Acura ZDX is displayed during the 2023 Los Angeles Auto Show at the Los Angeles Convention Center on November 24, 2023 in Los Angeles, California.

Persons: Josh Lefkowitz, Ford, Bob Nelson, Nelson, BEV, It's, Honda, Cliff Banks, Banks, Mary Barra, Jenni Newman, Kelley Blue, Tesla, Newman Organizations: Angeles Auto, Los Angeles Convention Center, Los Angeles Auto, Getty, Honda Motor Company, Canadian EV, pullbacks, GM, American Honda Motor Co, Honda, EVs, Banks, Auto, NBC News, EV Honda, Acura, Subaru Locations: Los Angeles , California, Canadian, Ohio, American, Canada

☆ Honda to build $11 billion electric vehicle hub in Canada
▼ + stars: | 2024-04-25 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

A Brand new Honda Pilot is displayed on the sales lot at Honda Marin on February 06, 2024 in San Rafael, California. DEROIT – Honda Motor and yet-to-be-named joint venture partners plan to invest $11 billion in Ontario, Canada, to create a "comprehensive EV value chain," the Japanese automaker announced Thursday. Honda said vehicle production will begin in 2028, with annual vehicle capacity of 240,000 units once it's fully operational. Prime Minister of Canada Justin Trudeau said during a livestreamed press conference Thursday that Honda's investment, $15 billion Canadian, is the largest ever for the country's automotive industry. The investment is a major win for Canada and comes after Honda last year confirmed a $4.4 billion investment for a new U.S. battery plant in Ohio.

Persons: Honda Marin, DEROIT, Honda, Canada Justin Trudeau, Toshihiro Mibe Organizations: Honda, North, Canada, LG Energy Locations: San Rafael , California, Ontario, Canada, Alliston , Ontario, North America, U.S, Ohio

☆ GM, Honda begin U.S. fuel cell production in step toward replacing diesel
▼ + stars: | 2024-01-25 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

An employee assembles a fuel cell system in the module final assembly at Fuel Cell System Manufacturing LLC, GM and Honda's fuel cell joint venture in Brownstown, Michigan. BROWNSTOWN, Mich. – General Motors and Honda Motor have begun commercial production of hydrogen fuel cell systems in a step toward offering alternative zero-emissions solutions beyond battery-electric vehicles. The fuel cell systems are produced through a 50-50 joint venture between the automakers at an $85 million facility in suburban Detroit. The companies, which are marketing and selling products separately, are calling the "large-scale" production at the joint venture the first of its kind in the U.S. And now we can start to move it into these segments where before it wasn't really feasible," Charlie Freese, executive director of GM's "Hydrotec" fuel cell products, told CNBC during an event at the plant.

Persons: We're, Charlie Freese Organizations: Cell System Manufacturing, GM, –, Motors, Honda, Fuel Cell System, CNBC Locations: Brownstown , Michigan, BROWNSTOWN, Mich, Detroit, U.S

☆ Honda teases new EVs with futuristic 'Space-Hub' and 'Saloon' concept cars
▼ + stars: | 2024-01-09 | by ( Michael Wayland | ) www.cnbc.com time to read: +3 min

The concept models are called the "Space-Hub" and "Saloon," which the first production "Honda 0 Series" EV will be based on, according to the Japanese automaker. Honda plans to introduce the first model of the Honda 0 Series based on the Saloon concept in North America, followed by model introductions in Japan, Asia, Europe, Africa and the Middle East, and South America. Honda Space-Hub concept electric vehicle Courtesy HondaThe Saloon is a sleek, futuristic-looking vehicle that seems fit for "Tron" movies, with a large open-mouthed front-end light in neon lighting with a redesigned Honda "H" in the center. Inside, the Saloon features a minimalistic digital cockpit with a yoke steering wheel, which is similar to concept cars from other companies that have debuted at CES. Honda Saloon concept electric vehicle Courtesy HondaBoth concepts appear to be designed to feature autonomous driving capabilities: the steering yoke is able to retract into the dashboard of each.

Persons: Toshihiro Mibe, Honda Organizations: Honda, CES Locations: North America, Japan, Asia, Europe, Africa, South America

☆ Honda recalls select Accords and HR-Vs over missing piece in seat belt pretensioners
▼ + stars: | 2023-11-25 | by ( ) www.cnbc.com time to read: +1 min

Honda is recalling select 2023-2024 Accord and HR-V vehicles due to a missing piece in the front seat belt pretensioners, which could increase injury risks during a crash. For consumers impacted by this recall, dealers will inspect all cars and potentially replace the seat belt pretensioner assembly at no cost. Honda estimates that less than 1% of the potentially affected vehicles will require a replacement. The vast majority are expected to be satisfied by an inspection alone, a Honda spokesperson told The Associated Press on Saturday. For more information about the recall, consumers can visit the NHTSA website and Honda's and online recall pages.

Persons: Honda Organizations: Honda, National, Traffic, Administration, NHTSA, Associated Press

NEW YORK (AP) — Honda is recalling select 2023-2024 Accord and HR-V vehicles due to a missing piece in the front seat belt pretensioners, which could increase injury risks during a crash. For consumers impacted by this recall, dealers will inspect all cars and potentially replace the seat belt pretensioner assembly at no cost. The vast majority are expected to be satisfied by an inspection alone, a Honda spokesperson told The Associated Press on Saturday. For more information about the recall, consumers can visit the NHTSA website and Honda's and online recall pages. ___This story corrects references to the National Highway Traffic Safety Administration.

Persons: — Honda, Honda Organizations: Honda, National, Traffic, Administration, NHTSA, Associated Press, Traffic Safety Administration

☆ Toyota, Honda among 2.3 million vehicles recalled in November. How to make sure your car is fit for long-distance travel plans
▼ + stars: | 2023-11-23 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +1 min

"It's common for there to be a recall when there haven't been any incidents yet," said Moody. For the Nov. 16 recall on damaged engines, drivers should expect to receive a notification on Jan. 2, 2024. Travel plans 'will depend on the nature of the recall'As to whether or not travel plans should be altered, the decision will depend on the nature of the recall, said McParland. "If the recall says possible transmission failure, that's a lot more risky for long-distance travel versus a glitchy navigation system," McParland said. "Usually rentals are not covered" as part of the recall repair, McParland said.

Persons: haven't, Brian Moody, Kelley, Moody, It's, McParland Organizations: Maskot, Getty, Honda's

☆ Honda’s new scooter is also the box it comes in
▼ + stars: | 2023-11-20 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +4 min

CNN —There are lots of electric scooters available today in a huge range of styles and prices. Honda’s original micro-bikeThe real inspiration was the Honda Motocompo, a tiny motorcycle Honda offered for a few years in the early 1980s. Peter Valdes-Dapena trying Honda's new electric scooter, the Honda Motocompacto. Its memory inspired someone in Honda’s California design studio –- someone Honda won’t name because he’s left the company –- to sketch out a modern version. Also giving you confidence will be the seriously sturdy latches locking the seat, handle bars and wheels in place before you start riding.

Persons: Honda, Peter Valdes, he’s Organizations: CNN, Honda Locations: United States, Honda’s California, footpegs

☆ UAW president to vow aggressive auto plant organizing in Senate testimony
▼ + stars: | 2023-11-13 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

UAW President Shawn Fain takes the stage with Dawn Simms, UAW Local 126 Member, during a United Auto Workers (UAW) union members in Belvidere, Illinois, U.S., November 9, 2023. REUTERS/Leah Millis Acquire Licensing RightsWASHINGTON, Nov 13 (Reuters) - United Auto Workers President Shawn Fain will tell a Senate Committee on Tuesday the union plans to aggressively organize non-union U.S. auto plants after winning new contracts with the Detroit Three automakers. "For decades, non-union auto companies have used fear, uncertainty, and division to break union drives in our industry," Fain will tell the Senate Health, Education, Labor and Pensions Committee, according to written testimony seen by Reuters. The UAW for decades has unsuccessfully sought to organize auto factories operated by foreign automakers. The hearing will also include testimony from Teamsters President Sean O'Brien and Association of Flight Attendants President Sara Nelson.

Persons: Shawn Fain, Dawn Simms, Leah Millis, Fain, Sean O'Brien, Sara Nelson, Nelson's, Joe Biden, unionize Tesla, David Shepardson, Deepa Babington Organizations: UAW, United Auto Workers, REUTERS, Rights, U.S, Detroit Three, Health, Education, Labor, Pensions, Reuters, Hyundai, nonunion, General Motors, Ford Motor, Chrysler, Toyota, Honda, Association of Flight, Illinois, Detroit, Thomson Locations: Belvidere , Illinois, U.S, KS, Korean

☆ Hyundai to hike US hourly wages 25% by 2028 after UAW deal
▼ + stars: | 2023-11-13 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

The logo of Hyundai Motor Company is pictured at the New York International Auto Show, in Manhattan, New York City, U.S., April 13, 2022. Hyundai Motor Group also plans higher wages at its electric-vehicle factory in the U.S. state of Georgia that will open in 2025. Hyundai said that wages are being raised so that the company can "remain competitive and ... recruit and retain top talent." Honda's pay hike was announced after Toyota said it was raising the wages of its nonunion U.S. factory workers. UAW workers are now in the process of voting on whether to ratify those contracts.

Persons: Andrew Kelly, Santa Cruz, Honda, Joe Biden, unionize Tesla, David Shepardson, Matthew Lewis Organizations: Hyundai Motor, New York, REUTERS, Hyundai, United Auto Workers, Detroit Three automakers, Toyota, Honda, U.S, UAW, General Motors, Ford Motor, Chrysler, Detroit, Hyundai Motor Group, Illinois, Thomson Locations: Manhattan , New York City, U.S, KS, Alabama, Korean, U.S ., Georgia, Santa Fe , Tucson, Santa, Montgomery , Alabama, Washington, Bengaluru

☆ Honda hikes production workers' pay 11% after UAW deals with Detroit Three
▼ + stars: | 2023-11-10 | by ( ) www.reuters.com time to read: +2 min

REUTERS/David 'Dee' Delgado Acquire Licensing RightsNov 10 (Reuters) - Honda Motor (7267.T) said on Friday it was implementing an 11% pay hike for production workers at its U.S. facilities from January, days after the United Auto Workers (UAW) union and the Detroit Three automakers agreed to new contracts. Non-unionized automakers such as Honda have come under pressure to improve pay and benefits following record contracts the UAW won at the Detroit Three automakers. "Union auto workers own this victory," Biden said in a Friday post on X. Honda's pay hike comes after Toyota (7203.T) said last week it was raising the wages of its non-union U.S. factory workers. Honda had told Reuters it was evaluating the recent UAW deals with the Detroit Three automakers and would remain competitive.

Persons: David, Dee, Delgado, Joe Biden, Biden, carmakers Tesla, Priyamvada C, Nathan Gomes, David Shepardson, Anil D'Silva, Krishna Chandra Eluri, Aurora Ellis Organizations: New York, REUTERS, Honda, United Auto Workers, UAW, Detroit Three, U.S, Toyota, autoworkers, General Motors, Ford Motor, Chrysler, UAW . Union, Detroit, Tesla, Reuters, Thomson Locations: Manhattan , New York City, U.S, Illinois, America, United States

☆ Motorsport icon Marc Marquez shares the biggest lesson and toughest decision of his career
▼ + stars: | 2023-11-10 | by ( Elliot Smith | ) www.cnbc.com time to read: +4 min

BURIRAM, THAILAND - OCTOBER 28: No.93 Marc Marquez of Spain and Repsol Honda Team during qualifying at Chang International Circuit on October 28, 2023 in Buriram, Thailand. (Photo by Supakit Wisetanuphong/MB Media/Getty Images) Supakit Wisetanuphong/mb Media | Getty Images Sport | Getty ImagesMotoGP legend Marc Márquez says leaving Repsol Honda — where he has won six premier class world titles over the last decade — was the biggest and most difficult decision of his career. Márquez will leave his current team at the end of this season of Grand Prix motorcycle racing (MotoGP). Since then, a series of serious injuries and a drop-off in performance of the Honda bike relative to rival manufacturers, particularly the currently dominant Ducati, have prevented him from tilting at a record-equalling seventh premier class world championship. At Gresini Ducati, a satellite team of the flagship Ducati Lenovo factory team, Márquez will be riding what is currently the most dominant bike on the grid.

Persons: Marc Marquez, Spain, Supakit Wisetanuphong, Supakit, Marc Márquez, Repsol, —, Márquez, Joan Mir, Gresini, PHILLIP, Mirco Lazzari Organizations: Repsol Honda Team, Chang, Circuit, Getty, Repsol Honda, Prix, Honda, Ducati, Gresini Ducati, CNBC, videolink, Malaysian, Phillip, Ducati Lenovo Locations: BURIRAM, THAILAND, Buriram, Thailand, Malaysia, PHILLIP ISLAND, AUSTRALIA, San Remo, Phillip Island, Australia

☆ Biden hails 11% pay raise for Honda's U.S. workers
▼ + stars: | 2023-11-10 | by ( ) www.reuters.com time to read: 1 min

U.S. President Joe Biden gestures as he delivers remarks to United Auto Workers (UAW) union members in Belvidere, Illinois, U.S., November 9, 2023. REUTERS/Leah Millis Acquire Licensing RightsWASHINGTON, Nov 10 (Reuters) - President Joe Biden welcomed Honda Motor (7267.T) 11% pay hike for its U.S. facility workers on Friday, a day after celebrating the United Auto Workers' agreements with the Detroit Big Three automakers and backing efforts to organize Tesla and Toyota. "Union auto workers own this victory," Biden said in a post on X. Reporting by Jasper Ward; writing by Paul Grant; editing by Susan HeaveyOur Standards: The Thomson Reuters Trust Principles.

Persons: Joe Biden, Leah Millis, Biden, Jasper Ward, Paul Grant, Susan Heavey Organizations: United Auto Workers, UAW, REUTERS, Rights, Honda, Detroit Big, Tesla, Toyota, Thomson Locations: Belvidere , Illinois, U.S

But right now, the unit's operations are shut down as regulators investigate the safety of Cruise's self-driving vehicles. Cruise had $1.7 billion in cash as of Sept. 30, enough to last nine months at the current cash burn rate. As Cruise's troubles intensified, investors on Thursday sent GM shares down more than 3% to $26.65, its lowest closing price since August 2020. In addition to the problems at Cruise, GM last month agreed to a costly new contract with the United Auto Workers, and scaled back plans to expand electric-vehicle production. California regulators suspended Cruise's license to operate, and have accused Cruise officials of misrepresenting information about the incident.

Persons: Heather Somerville, Mary Barra, Cruise, Cruise's, Lawrence Paustian, Barra, Quinn Emanuel, Shinji Aoyama, It's, Kyle Martin, Martin, Jason Petitte, Paul Jacobson, Biden, Ben Klayman, Joseph White, David Shepardson, Matthew Lewis Organizations: General Motors Corp, REUTERS, Rights DETROIT, General Motors, GM, Honda, Cruise, United Auto Workers, Pzena Investment Management, Reuters, Westwood Group, California Department of Motor Vehicles, U.S . National, Traffic, Administration, Thomson Locations: San Francisco , California, U.S, Cruise, Japan, Chicago, Waymo, San Francisco, California, Detroit, Washington

☆ See Inside Honda's New HondaJet Echelon Private Jet That Can Fly Transcon
▼ + stars: | 2023-11-03 | by ( Taylor Rains | ) www.businessinsider.com time to read: +1 min

Honda runs a private jet division that builds a fleet of multi-million dollar business planes. Honda Aircraft Company recently unveiled the name of its latest plane, the HondaJet Echelon. Honda Motors established a wholly-owned subsidiary, Honda Aircraft Company, in August 2006 to produce light twin-engine private jets. Since the first delivery of its original HondaJet in December 2015, the planemaker has also produced the HondaJet Elite, the HondaJet Elite S, and the HondaJet Elite II. AdvertisementAdvertisementNow, the company's latest business jet concept is expected to set industry records as the only light jet capable of transcontinental travel.

Persons: —, Tom Cruise Organizations: Honda, Honda Aircraft Company, Service, Honda Motors

☆ Sony Honda Mobility could procure EV batteries from US, president says
▼ + stars: | 2023-10-25 | by ( ) www.reuters.com time to read: 1 min

[1/4] Sony Honda Mobility's President Izumi Kawanishi poses during the Japan Mobility Show 2023 at Tokyo Big Sight in Tokyo, Japan October 25, 2023. REUTERS/Issei Kato Acquire Licensing RightsTOKYO, Oct 25 (Reuters) - Sony (6758.T) and Honda's (7267.T) automotive joint venture could procure batteries for its new Afeela electric vehicle from the United States where Honda is building a factory, the president of Sony Honda Mobility told Reuters on Wednesday. Izumi Kawanishi made the comment on the sidelines of the Japan Mobility Show in Tokyo, which opened to the press a day ahead of its official opening. Reporting by Daniel Leussink; editing by David DolanOur Standards: The Thomson Reuters Trust Principles.

Persons: Izumi Kawanishi, Issei Kato, Daniel Leussink, David Dolan Organizations: Sony Honda, Japan, REUTERS, Rights, Sony, Honda, Sony Honda Mobility, Reuters, Thomson Locations: Tokyo, Japan, United States

☆ Bagnaia wins Indonesia GP as Martin throws away championship lead
▼ + stars: | 2023-10-15 | by ( ) www.reuters.com time to read: +3 min

[1/5] Ducati Lenovo's Francesco Bagnaia celebrates after winning the MotoGP race at the Mandalika International Street Circuit in Kuta, Lombok, Indonesia, October 15, 2023. Antara Foto/Wahyu Putro A via REUTERS Acquire Licensing RightsMANDALIKA, Indonesia, Oct 15 (Reuters) - Ducati's Francesco Bagnaia battled heroically from 13th on the grid to win a thrilling Indonesia Grand Prix in Mandalika on Sunday, as he reclaimed the lead in the riders' championship after Jorge Martin crashed out. Bagnaia crossed the line 0.306 seconds ahead of Aprilia's Maverick Vinales in second, while Yamaha's Fabio Quartararo, the 2021 world champion, finished third. Champion Bagnaia is back on top of the riders' standings with 346 points, with Martin (328) in second and VR46 Racing's Marco Bezzecchi (283) in third. After Martin crashed, Vinales was briefly in the lead but Bagnaia kept up his aggressive riding, slowly and steadily gaining ground on the Aprilia rider before blowing past him in the 20th lap.

Persons: Ducati, Francesco Bagnaia, Antara, Jorge Martin, Bagnaia, Aprilia's, Vinales, Yamaha's Fabio Quartararo, Martin, Marco Bezzecchi, Pramac Racing's Martin, Pramac, Johann Zarco, Pecco, it's, Quartararo, Gresini's Fabio Di Giannantonio, Red Bull, Brad Binder, Jack Miller, Luca Marini, Binder, Marc Marquez, Aadi Nair, Muralikumar Organizations: MotoGP, Circuit, REUTERS Acquire, Aprilia, Red, Red Bull KTM, Gresini Racing, Thomson Locations: Kuta, Lombok, Indonesia, Mandalika, Bengaluru

☆ Honda, Mitsubishi Corp sign pact to optimise use of EV batteries
▼ + stars: | 2023-10-12 | by ( ) www.reuters.com time to read: +1 min

[1/2] Honda's electric vehicle (EV) e:NP2 is displayed at the Auto Shanghai show, in Shanghai, China April 18, 2023. REUTERS/Aly Song/File Photo Acquire Licensing RightsTOKYO, Oct 12 (Reuters) - Japanese automaker Honda Motor (7267.T) and trading house Mitsubishi Corp (8058.T) have signed a pact to explore new businesses using electric vehicle (EV) batteries, the companies said on Thursday. "Honda will not only sell EVs, but take a proactive approach to energy management, where EV batteries will be utilised as an energy source," its chief executive, Toshihiro Mibe, said in a statement. Honda will begin sales of the EV model in Japan in 2024. The deal would eventually pay off in lower electricity bills for customers and better use of battery material, the companies said.

Persons: Aly, Honda, Toshihiro Mibe, Satoshi Sugiyama, Clarence Fernandez Organizations: Auto, REUTERS, Rights, Honda, Mitsubishi Corp, EV, Thomson Locations: Auto Shanghai, Shanghai, China, Japan, EVs

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