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Stock impact report

Honda global output drops 12% in Jan-Feb [Yahoo! Finance]

Honda Motor Company, Ltd. (HMC) 
Last honda motor company, ltd. earnings: 2/7 03:16 am Check Earnings Report
US:NYSE Investor Relations: world.honda.com/investors
Company Research Source: Yahoo! Finance
to a 9% decline in overseas production to 222,358 units - while volumes in Japan rebounded by 22% to 62,172 units following a sharp fall in January. In the first two months of the year the company produced 553,698 vehicles globally, down by over 12% from 631,829 units a year earlier, with domestic output just slightly lower at 107,029 units, while overseas production fell by 15% to 446,669 units. Production in Asia outside Japan fell by 26% to 172,956 units in the two-month period from 234,459 units previously, driven lower by a 33% plunge in Chinese output to 89,073 units, while production in the rest of Asia declined by 18% to 83,883 units. Vehicle production in North America dropped by 8% to 255,565 units year-to-date from 277,882 a year earlier, with US output falling by 12% to 149,412 units while production in Mexico and Canada combined declined by just 2.5% to 106,153 units The company's US subsidiary, American Honda Motor Company, had previously reported a slight increa Show less Read more
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