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Stock impact report

Honda Launches Updated Freed Minivan, Including Two-Motor Hybrid [Financial Post (Toronto, Ontario, Canada)]

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: Financial Post
Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — Honda Motor Co. launched an updated version of its Freed minivan in Japan, including a two-motor hybrid, which are gaining in popularity even as demand for pure electric cars slows. The new models have been made more spacious to accommodate six people easily. The Freed, which comes in both combustion engine and hybrid versions, is one of Honda's top-selling models in the non-compact segment, and the automaker has set an annual sales target of 700,000 units. Article content As of Thursday, Honda had received 24,000 orders for the new models since pre-orders opened in May, with hybrids — which start at around ¥2.9 million ($17,800) accounting for 85% of those. Some of world's largest automakers, including Ford Motor Co., General Motors Co., Volkswagen AG and even Tesla Inc., have been dialing back their EV ambitions in recent months as hybrids gai Show less Read more
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