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Foreign automaker stocks slide on Trump tariff fears
  + stars: | 2024-11-06 | by ( Michael Wayland | ) www.cnbc.com   time to read: +3 min
Brian Snyder | ReutersDETROIT — Stock prices of foreign automakers, including Chinese and German manufacturers, fell sharply on Wednesday amid concerns the U.S. will hike tariffs on imported vehicles under President-elect Donald Trump. European-traded shares of BMW and Mercedes-Benz were off around 6.5%, while Porsche was down by 4.9% and Volkswagen declined 4.3%. Trump has repeatedly said he will increase tariffs on many products, including new cars and trucks from China, Europe and Mexico, where many automakers, including Europeans, have established manufacturing hubs. U.S.-traded shares of Japanese automakers Toyota Motor and Honda Motor also were down during intraday trading by roughly 1% and 9%, respectively. However, they still heavily rely on imports from other countries, including Mexico, to meet U.S. consumer demand.
Persons: Donald Trump, Sarah Huckabee Sanders, Brian Snyder, Donald Trump ., Li Auto, Nio, Trump, aren't, Shinji Aoyama, Aoyama, Stellantis Organizations: Arkansas, Reuters DETROIT —, BMW, Mercedes, Benz, Porsche, Volkswagen, Japanese, Toyota Motor, Honda, Nissan Motor, General Motors, Ford Motor, Chrysler, Toyota, Hyundai, Kia, Mazda, American Free Trade Locations: Flint , Michigan, U.S, China, Europe, Mexico, United States, Canada
We talked to several experts to find the top options for our guide to the best portable generators. The Jackery Explorer 3000 Pro Solar Generator is $1,000 off, making it one of Amazon's most popular Prime Day generator deals. View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark. Check out our roundup of all of the best Prime Day deals, or browse Amazon's website for the full selection.
Persons: it's, Anker SOLIX Organizations: Business, Honda, DELTA, Delta, Gas
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
Honda, GM scrap $5 bln plan to co-develop cheaper EVs
  + stars: | 2023-10-25 | by ( ) www.reuters.com   time to read: +3 min
A Honda logo is seen during the New York International Auto Show, in Manhattan, New York City, U.S., April 5, 2023. GM cited a joint statement that pointed to the projects the companies are still working on together in acknowledging the end of EV plan. A spokesman confirmed she was referring to the Honda EV partnership. The automakers had said the deal was for "affordable" EVs, including compact crossover vehicles, built using GM's Ultium battery technology. "After studying this for a year, we decided that this would be difficult as a business, so at the moment, we are ending development of an affordable EV," Honda CEO Toshihiro Mibe was quoted by Bloomberg as saying in an interview.
Persons: David, Dee, Delgado, Tesla, Honda, Mary Barra, Toshihiro Mibe, Cruise, Daniel Leussink, Gursimran, Ben Klayman, Mark Potter, David Holmes Organizations: New York, REUTERS, Rights, Honda, General Motors, United Auto Workers, U.S, Tuesday, GM, Honda EV, Bloomberg, Cruise, Thomson Locations: Manhattan , New York City, U.S, California, U.S ., . California, Japan, Tokyo, Gursimran Kaur, Bengaluru, Ben, Detroit
Marquez to join Gresini Racing team after Honda exit
  + stars: | 2023-10-12 | by ( ) www.reuters.com   time to read: +2 min
But I'm also sure that the whole Team Gresini will help me a lot," he added. Marquez, who joined the Repsol Honda team in 2013, won the last of his six championships in 2019, finishing 151 points clear of his nearest rival. He will join his brother Alex, who has impressed since he made the switch from LCR Honda to Gresini ahead of the 2023 season. "This is a historical moment for the Gresini Family," Gresini boss Nadia Padovani Gresini said. "The fact that Marc Marquez chose to race with us in the upcoming season is absolutely fantastic and I'm extremely happy to be able to make it official."
Persons: Honda, Marc Marquez, Issei Kato, Marquez, it's, I'm, Gresini, Alex, Nadia Padovani Gresini, Rohith Nair, Muralikumar Anantharaman, Peter Rutherford Organizations: Prix, MotoGP, Gresini Racing, Ducati, Honda, Repsol Honda, Thomson Locations: Motegi, Japan, Bengaluru
Shortly before the shooting on Saturday, the gunman was spotted putting on the tactical vest in a parking lot at Edward Waters University, a small and private historically Black institution. The guard reported the gunman’s suspicious presence to a nearby sheriff’s deputy, Sheriff Waters said. In an interview, Sheriff Waters said the gunman did not shoot at one person inside the store who was also white. “I know for a fact that he did not like Black people,” said Sheriff Waters, who is Black. On the gunman’s laptop, his family found a last will and testament and a suicide note as part of more than 20 pages of racist writings, Sheriff Waters said in the interview.
Persons: Sheriff Waters, Edward Waters, , texted Organizations: Edward Waters University, Office Locations: Clay
CNN —A Vermont man has been cited for negligence in the June vehicle crash that killed actor Treat Williams, state police said. Ryan Koss, 35, was issued a citation on a charge of “grossly negligent operation with death,” at the request of the Bennington County State’s Attorney’s Office, Vermont State Police said in a news release Monday. Koss was driving a Honda Element SUV that turned into the path of Williams’ motorcycle on Vermont Route 30 in Dorset, police said. He was airlifted to Albany Medical Center in New York, where he was pronounced dead, officials previously said. The medical examiner determined Williams’ cause of death was severe trauma and blood loss as a result of the crash, state police said.
Persons: Treat Williams, Ryan Koss, , Koss, Williams, Prince, Pam Van Sant Organizations: CNN, Vermont State Police, Albany Medical Center, City Locations: Vermont, Bennington County, Dorset, Albany, New York,
By 2032, electric vehicles would need to make up about two-thirds of all the new cars sold in America. And even as EV market share rises to two-thirds, it’s not like EVs will flood America’s roads overnight, he said. Reaching two-thirds EV market share mark by 2032 isn’t a sure thing, said Cantor, but it should be manageable. The increasing number of automakers entering the EV market will also help, said Ivan Drury, an industry analyst with Edmunds.com. General Motors also has a number of EV models coming in the next year or two.
WASHINGTON, March 14 (Reuters) - Honda Motor Co's U.S. unit said on Tuesday it would move production of its Accord sedan to Indiana in 2025 after assembling the model in Marysville, Ohio for more than 40 years, as part of its shift to electric vehicle (EV) production. Honda said last year it was separately investing $700 million to retool three Ohio plants for electric vehicle production by 2026, including Marysville. Marysville will begin preparing for EV production as early as January by consolidating its two production lines to one to enable it to begin building the EV infrastructure, the company said. Honda began assembling the Accord at its Marysville in November 1982, making it the first Japanese automaker to produce cars in the United States. Honda said Accord production will be transferred to its Indiana auto plant, which builds the Civic Hatchback and CR-V.Honda's transmission plant in Georgia will dedicate one production line to e-axle production - a key EV component - and its Anna, Ohio engine plant will shift production of some engine components to a Honda engine plant in Alabama to prepare for production of battery cases for EV models, the company said.
The more than 2,000 people who received Tulsa Remote grants have a median income of more than $85,000. For starters, he found the income generated by recipients of the Tulsa Remote program was just a sliver of the $80 billion the 468,000-plus workers in the Tulsa metro area generated in 2021. A Brookings Institution analysis of the Tulsa Remote program published in September found that the program was generally effective at bringing high-skilled labor to the area. He compared the impact of the incentive program to the opening of a Honda manufacturing plant in Greensburg in 2007. A previous audit from Hoffer's office in 2019 identified two major flaws in the Think Vermont program.
It also represents a significant bridging of the divides between Sony Pictures Entertainment, Sony PlayStation and Sony Music, according to a dozen current and former senior executives interviewed by Reuters. “I defined our identity as a creative entertainment company with a solid foundation on technology,” Sony chief executive Kenichiro Yoshida said. Sony’s “creative entertainment” company approach extends beyond content. A Sony-Honda electric vehicle, scheduled to reach consumers by 2026, is being framed as a rolling showcase of Sony’s entertainment, gaming and camera sensor prowess. This August will bring another test of Sony’s strategy when “Gran Turismo” hits theaters after languishing for 12 years.
[1/2] The Honda Motor Co. Ltd's all-new Legend sedan, equipped with level 3 autonomous driving technology, is displayed during an unveiling in Tokyo, Japan March 4, 2021. Honda Motor Co Ltd in March 2021 became the world's first carmaker to sell a vehicle with level 3 self-driving technology. Shikama declined to say how soon Honda would start mass-producing its level 3 self-driving vehicles. When the Japanese carmaker launched its Legend sedan with level 3 automation technology last year, production was limited to 100 units. Among its rivals, Mercedes-Benz (MBGn.DE) late last year won approval from Germany's KBA car watchdog for its level 3 driving system.
TOKYO, Oct 13 (Reuters) - A joint venture set up by Japan's Sony Group Corp (6758.T) and Honda Motor (7267.T) is aiming to deliver its first electric vehicles by 2026 and will sell them online, starting in the United States and Japan. The update from the joint venture, Sony Honda Mobility, is the first since the two companies launched the project in June. Sony will provide the software system for the new car, from the onboard controllers to cloud-based services that will connect with entertainment and payment systems. The still-to-be named EV will likely be manufactured by Honda at one of its plants in Ohio. The new EV will be delivered to the Japanese market in the second half of 2026.
TOKYO, Oct 13 (Reuters) - A joint venture set up by Japan's Sony Group Corp (6758.T) and Honda Motor (7267.T) will deliver electric vehicles (EV) to the U.S. market in the spring of 2026, a top executive said on Thursday. The new EV will be delivered to the Japanese market in the second half of 2026, said Yasuhide Mizuno, the joint venture's chairman and chief executive, and a senior Honda executive. The two companies officially agreed to the equally owned joint venture, Sony Honda Mobility, in June, with each of them investing 5 billion yen ($34.05 million) in the new venture. Honda is under pressure from investors to make cars that are carbon-free and equipped with newer technology such as self-driving features. Like its bigger rival Toyota Motor (7203.T), it has been slow to shift its fleet to electric, offering only one EV known as Honda e.($1 = 146.8300 yen)Register now for FREE unlimited access to Reuters.com RegisterReporting by Satoshi Sugiyama; Editing by Ana Nicolaci da CostaOur Standards: The Thomson Reuters Trust Principles.
REUTERS/Athit PerawongmethaWASHINGTON, Oct 11 (Reuters) - Honda Motor Co Ltd (7267.T) and LG Energy Solution (373220.KS) on Tuesday announced Ohio as the site of their planned $4.4 billion joint-venture battery plant. Honda will separately invest $700 million to retool three Ohio plants and add 300 new jobs, as it seeks higher electric- vehicle production. The plant is the latest in a string of battery plants announced as automakers race to shift gas-powered production to electric vehicles. President Joe Biden praised the Honda-LG announcement, saying the companies were "committing more than $5 billion toward electric vehicle battery manufacturing and factory retooling across the state." Honda plans to begin production and sales of EVs in North America in 2026, based on its new Honda e:Architecture.
The Honda Motor logo is pictured at the 43rd Bangkok International Motor Show, in Bangkok, Thailand, March 22, 2022. REUTERS/Athit PerawongmethaWASHINGTON, Oct 11 (Reuters) - Honda Motor (7267.T) and LG Energy Solution (373220.KS) said on Tuesday they will build a new joint venture $4.4 billion battery plant in Ohio. Honda plans to begin production and sales of Honda EVs in North America in 2026, based on its new Honda e:Architecture. The joint venture is pending regulatory approvals. That announcement expanded on plans for GM to begin building two electric SUVs for Honda starting in 2024 - the Honda Prologue and an Acura model.
CNN —Honda and South Korean battery maker LG Energy Solutions are investing $3.5 billion to build a joint venture battery factory in southern Ohio, the car company said Tuesday. Construction on the battery plant is expected to begin early next year and should be completed by the end of 2024. At the Marysville plant, battery cells from the Fayette County battery factory will be installed in the battery cases made in Anna. The Marysville factory opened in 1982 and was Honda’s first auto factory in the United States. Honda now has 18 factories producing Honda and Acura vehicles in the United States.
Повышение начальной скорости выше 77 км/ч сделало автомобиль неуправляемым, передает infocar.uaПервый электромобиль бренда использует электродвигатель мощностью 44 л.с. Максимальная скорость составляет 125 км/ч. У SEAT Mii Electric дела обстоят не так хорошо, как и у Tesla Model X, лучшая попытка которой была зафиксирована на скорости 70 км/ч. Porsche Taycan Turbo S тоже боролся с тестом, но после нескольких неудачных попыток, он прошел его на скорости 78 км/ч. Маневр уклонения не представлял абсолютно никакой угрозы для Tesla Model 3, поскольку он завершил его с начальной скоростью 83 км/ч.
Persons: Нм Organizations: Honda, SEAT, Tesla, Porsche Locations: Dacia
(foto) Volkswagen ID 4 a fost desemnată maşina anului 2021. Care alte automobile au luat premii la acest concursHonda, Land Rover, Mercedes-Benz, Volkswagen și Porsche au câștigat premiul „Mașina Anului 2021” la diferite categorii. Noul crossover electric Volkswagen ID 4 a eliminat Honda E și Toyota Yaris a obținut premiul mare, fiind susținut de 93 jurați. World Car Awards și-a extins categoriile și iată care sunt mașinile câștigătoare:# cel mai luxos automobil 2021: Mercedes-Benz S-Class;# mașina cu cea mai mare performanță 2021: Porsche 911 Turbo;# mașină urbană 2021: Honda E;# cel mai bun design 2021: Land Rover Defender. Cea mai bună mașină a anului a fost desemnată Volkswagen ID 4.
Organizations: Honda, Land Rover, Mercedes - Benz, Volkswagen, Porsche, Honda E, Toyota Yaris, World Car Awards, Mercedes, Benz, -
Doar că, în stil de design mai rectangular, Honda e n-a mascat foarte tare display-urile dreptunghiulare care formează această linie digitală a planşei. Deci, cât de diferită e ideea celor de la Mercedes-Benz de acum, pe care aceştia o prezintă drept revoluţionară? MBUX Hiperscreen / Sursa:PiataAuto.mdEi bine, e diferită în primul rând prin detaliile execuţiei şi prin maniera în care aceasta se integrează cu formele naturale ale designului. Dar cei de la Mercedes-Benz au mers pe ideea că însăşi formele frumoase ale designului trebuie să devină funcţionale. Dar nimeni nu se aventurase s-o facă la un nivel în care asta să pară cu adevărat natural integrat şi funcţional.
Persons: Mercedes - Benz Organizations: Honda, Mercedes - Benz, Mercedes -
Un accident violent s-a produs în seara zilei de ieri în sectorul Botanica din Capitală. Din fericire, în urma coliziunii nicio persoană nu a avut de suferit. Din informațiile preliminare oferite de oamenii legii, conducătorul automobilului marca Honda Element nu a cedat trecerea Hondei CRV, care se deplasa pe drum cu prioritate. Drept urmare, în urma impactului, Honda CRV a fost proiectată în Mazda. Șoferul care se face vinovat de producerea accidentului riscă o amendă în mărime de 1500 de lei și 6 puncte de penalizare.
Persons: Mazda . Organizations: Honda, Honda Element, Honda CRV Locations: Capitală, Trandafirilor
Accidentul s-a produs în jurul orei 21:15, la intersecția străzilor Decebal cu Trandafirilor. „Preliminar din cercetările la fața locului, conducătorul mașinii Honda Element nu a cedat trecerea Honda CRV ce se deplasa pe drum cu prioritate iar în urma impactului Honda CRV a fost proiectat în Mazda”, ne-a comunicat ofițera de presă, Natalia Stati. În urma impactului niciun dintre șoferi nu a avut de suferit. Șoferul vinovat riscă 6 p.p și 1500 lei.
Persons: Natalia Stati Organizations: Honda Locations: Trandafirilor
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