honda motor co ltd-spons adr (HMC) Key Developments
Honda Motor Co., Ltd. to Open Ohio State University's Simulation Innovation and Modeling Center
May 22 15
Honda Motor Company announced that it is opening the Ohio State University's Simulation Innovation and Modeling Center. The facility has been developed with the help of a USD 5 million gift from Honda R&D Americas. It will be responsible for researching and developing new computational engineering tools that could potentially serve the automotive industry.
Honda Motor Company Plans to Launch New Jazz in India
May 21 15
Honda Motor Company announced it is planning to launch its new Jazz in India in July 2015. The model features steering mounted audio controllers, a five-inch non-touch audio system with FM/AM, AUX-in, USB and Bluetooth connectivity, and automatic climate control and an interior with dual-tone black and silver paint jobs. It is available with a choice of 1.2-litre i-VTEC petrol engine and 1.5 litre i-DTEC diesel engine. The vehicle is available in four trim levels, E, S, V, VX and is to be priced in the range of INR 500,000 to INR 750,000. It is to enter the Indian market in the first week of July 2015.
Honda Launches Jade RS in Japan
May 21 15
Honda has launched a gasoline (petrol) version of its Jade RS multi-purpose vehicle (MPV) in Japan. The company said sales of the version would start on 28 May 2015. The vehicle is powered by a 1.5-litre direct-injection turbocharged engine that is mated to a continuously variable transmission (CVT). The company claims the turbo engine generates torque equivalent to that of a 2.4-litre engine in the normal rpm range. Honda has also developed a new CVT that is offered with a paddle shifter in 7-speed mode. The RS version of the three-row, six-seat vehicle sports the 'RS' emblem on the front grille and tailgate as well as fog-light garnish, outer door handle, and tailgate moulding. The RS version is priced at JPY 2.53 million (USD 20,913).
Honda Recalls Vehicles over Airbags with Potentially Defective Takata Inflators
May 15 15
Honda Motor Company issued new recalls over airbags with potentially defective Takata inflators. Honda has added 4.89 million vehicles to its global recall tally. Honda's recall is reported to cover 1.72 million vehicles in Japan, manufactured between 2002 and 2008, with the rest of the vehicles recalled in regions outside of the United States and Canada. Honda has indicated a more detailed breakdown of vehicles will come.
Honda Motor Co., Ltd., Board Meeting, May 15, 2015
May 15 15
Honda Motor Co., Ltd., Board Meeting, May 15, 2015. Agenda: To consider convene the company's 91st ordinary general meeting of shareholders.