Honda Seeks to Maximize What It Has Rather Than Pursue Alliances
Honda's fiscal 2019 third-quarter results showed headwinds from incentives and foreign currency but we don't see enough in the results to merit a fair value estimate change. The company should get a boost in its fiscal fourth quarter numbers and in early fiscal 2020 from the new Passport crossover launching in the U.S. in February. This vehicle gives Honda another crossover to attract customers who want a more aggressive looking vehicle and something sized between the CR-V and Pilot. A Honda Nor...Honda Motor is the parent company of a group mainly develop, manufacture and distribute motorcycles, automobiles, power products, and also provide financing for the sale of those products. Principal manufacturing facilities are located in Japan, the United States of America, Canada, Mexico, the United Kingdom, Turkey, China, India, Indonesia, Malaysia, Thailand, Vietnam, Argentina, and Brazil. Co.'s principal business segments are motorcycles, automobiles, financial services, and power products & other business. Co.'s principal automobile products include passenger cars such as "Legend," "Accord," "Inspire," "Civic," "Insight," "City," "Acura RL," "Acura TL," "Acura TSX," and "Acura CSX".
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