Steel and aluminum tariffs imposed by the Trump administration have cost Ford Motor about $1 billion in profits, its chief executive officer stated on Wednesday, where as Honda Motor stated higher steel costs have brought “hundreds of millions of dollars” in recent costs. “From Ford’s perspective the metals tariffs took about $1 billion in profit
British producer Triumph will replace Honda as Moto2’s special engine supplier from 2019 on a three-year deal, series organizers revealed on Saturday. Moto2 is the feeder series to the leading MotoGP classification. Commercial rights holder Dorna stated that Triumph would provide a race-tuned 765cc engine based upon the powerplant from the Triumph Street Triple bike.
A Texas female has taken legal action against American Honda Motor Co Inc. and the United States subsidiary of air bag maker Takata Corporation for a minimum of $1 million. She informed that she was severely hurt in a low-speed car mishap since the propellant in the air bag blew up. Takata’s air bag inflators,
Social networking platforms are progressively ending up being a popular source of details for car purchasing, a study states. According to J D Power India Sales Satisfaction Index 2016, the use of web for details concerning the purchase of brand-new cars has actually increased to 34 percent in 2016, from 28 per cent in 2015.
Similar to the U.S., Japan has decided to recall all cars equipped with Takata air bags that do not contain a drying representative to prevent degeneration of chemicals in the air bag inflator. On May 4, the Department of Transport National Highway Traffic Safety Administration stated they will recall 35-40 million air bag inflators between
Japanese car supplier Honda Electric motor intends to expand its cooperation with the American automobile significant General Motors (GM) to collectively establish driverless autos. The business are currently teaming up on creating hydrogen gasoline cells. The cooperation in between both vehicle titans has actually gone exceptionally well and also they are taking into consideration broadening
Barring Maruti Suzuki and Hyundai Motors — the market leader and the runner up — all other car makers in top 10 in sales and market share have seen a change in their fortunes, in what has been a calamitous year for some. Honda Cars is the biggest gainer having posted over 80% growth and
Honda has recently announced its plans to introduce a variety of concepts at the Tokyo Auto Salon. Firstly, the Vezel Modulo concept embraces the high quality and sportiness of the company’s latest crossover. As a result, it has been fitted with a sporty body kit and unique alloy wheels. Other highlights include red leather seats,
Auto dealers are now looking for few more new-car sales by the end of the year to cap a banner year, and to meet any monthly and yearly incentive goals. That means customers can receive benefit. Some experts agree that final days of 2013 may be the best time all year to buy a car.
Honda is previewing the S660 concept just ahead of a public debut at the Tokyo Motor Show to be held in the coming month. Described as an open-top sports-type mini-vehicle, the S660 looks pretty much like the EV-STER concept from 2011 but can be distinguished with a conventional engine in the form of a small
A recent report has indicated that the Honda Insight and CR-Z could face the axe in Europe which is certainly not a good news for the Honda lovers in that territory. Citing as news from a company insider, Auto Express says that the sales have declined significantly over the period of time and this has
In the latest report which reports most valuable brand across the world, Toyota has managed to maintain its position as the world’s most valuable automotive brand beating world class German companies like BMW and Mercedes to take the top spot. However in the list, still the German brands dominate the top 10 with half of
The new Accord hybrid from the stable of Honda will surely be grabbing the attention of potential customers. Expected to hit the showrooms this month, the new four-door sedan is powered by a gas-electric system with EPA in city driving as 50 mile-per-gallon. Currently the hybrid market has been dominated by Toyota with its Prius
Honda has recently made an announcement that the NSX Concept-GT race car which will compete in the GT500 class of the Super GT Series fifth round that will be held this weekend at Suzuka. The race car is based on the Acura NSX concept and complies with the 2014 regulations established by the Japan Automobile
Honda Performance Development (HPD) has recently announced its plans to offer a new turbocharged V6 engine for LMP1 race cars starting next year. This decision has been taken in order to comply with ACO’s (Automobile Club de l’Ouest) new regulations. This HR22T engine is based on the turbocharged 2.2-liter V6 from the IZOD IndyCar Series.