Best Cheapest Stocks To Watch For 2016: Honda Motor Company Ltd. (HMC)
Honda Motor Co., Ltd., together with its subsidiaries, engages in the development, manufacture, and distribution of motorcycles, automobiles, and power products primarily in North America, Europe, and Asia. Its motorcycle line consists of business and commuter models, as well as sports models, including trial and moto-cross racing; all?terrain vehicles; personal watercrafts; and multi utility vehicles. The company also produces various automobile products, including passenger cars, minivans, multi-wagons, sport utility vehicles, and mini cars; and power products comprising tillers, portable generators, general-purpose engines, grass cutters, outboard marine engines, water pumps, snow throwers, power carriers, power sprayers, lawn mowers and lawn tractors, home-use cogeneration units, and thin film solar cells for home, public, and industrial uses. In addition, it sells spare parts and provides after sales services are through retail dealers, as well as offers retail lendin g and leasing to customers, and wholesale financing to dealers. The company was founded in 1946 and is based in Tokyo, Japan.
Advisors' Opinion:- [By Eshna Basu]
When a car adds 22% to an automaker's overall sales in the U.S., a lot of responsibility falls on its shoulders. The car in question is Honda's (NYSE: HMC ) Civic. The company released the 2015 Civic with the hope of reviving sales in the U.S. market -- from January to November, Honda has sold 2.1% fewer Civics than in the comparable 2013 period. Laden with new high-tech features, the latest version has received rave reviews from critics, but against the backdrop of falling oil prices, is Civic's unique selling proposition of fuel economy its biggest enemy?
- [By Peter Valdes-Dapena]
Asian brands dominate these awards. Toyota (TM), inclu! ding its Lexus and Scion brands, had the most vehicles -- 12 in all -- winning at least a Top Safety Pick Award. Honda (HMC), including its Acura luxury brand, had the second most award winners with a total or 10.
- [By WWW.DAILYFINANCE.COM]
Shizuo Kambayashi/APChild seats, manufactured by Takata, displayed at a Toyota showroom in Tokyo. DETROIT -- Takata Corp. defied a U.S. safety agency's demand for a nationwide recall of driver's side air bags, setting the stage for possible legal action by the government and leaving some drivers to wonder about the safety of their cars. In a Tuesday letter to the National Highway Traffic Safety Administration obtained by The Associated Press, Takata said its own data and testing support limiting the recall to high-humidity areas, such as along the Gulf Coast. A Takata official repeated those claims Wednesday morning at a hearing before a House subcommittee. The air bag's inflators can explode with too much force, spewing shrapnel into the passenger compartment. At least five deaths and dozens of injuries have been linked to the problem worldwide. Under pressure from lawmakers, the U.S. safety agency on Nov. 26 demanded that Takata and a number of automakers broaden a recall of driver's side air bags to all 50 states. At Wednesday's hearing before a House Energy and Commerce subcommittee, an executive from Honda (HMC) said the automaker would expand its recall nationwide. Honda is one of Takata's biggest customers. So far automakers have recalled about 14 million vehicles worldwide for Takata air bag problems, including 8 million in the U.S. A nationwide recall would add 8 million vehicles to existing recalls, Takata said. Up until now, cars were only being recalled in high-humidity areas in Florida, Hawaii, along the Gulf Coast and in some U.S. territories. Takata has maintained that prolonged exposure to airborne moisture can cause the inflator propellant to burn faster than designed, causing it to explode with too much force. A! number o! f committee members expressed concern that the limited nature of the recall was confusing to consumers outside of the current recall zones. Rep. Jan Schakowsky of Illinois, the panel's senior Democrat, said she's rec
source from Top Stocks For 2015:http://www.topstocksblog.com/best-cheapest-stocks-to-watch-for-2016.html
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