honda motor co ltd-spons adr (HMC) Key Developments
Honda Motor Company to Launch New 250cc Concept Vehicle At 2015 Tokyo Motor Show
Oct 2 15
Honda Motor Company announced that it is launching its all-new 250cc concept vehicle at the 2015 Tokyo Motor Show. A production version of the vehicle would be likely to compete with the brand new Yamaha YZF-R25 and Kawasaki Ninja 300 rivals. It is likely to be equipped with a parallel-twin engine. It features two exhaust manifolds moulded into a single unit, finishing off with an Akrapovic end silencer.
Honda Motor Company Reports U.S. Sales Results for the Month of September 2015
Oct 1 15
Honda Motor Company reported U.S. sales results for the month of September 2015. The company’s U.S. vehicle sales increased 13.1% to 133,750 from September of last year.
Honda Motor Co. to Unveil First Five-Seater Fuel Cell Vehicle
Sep 30 15
Honda Motor Co. announced that it will unveil the first five-seater fuel cell vehicle in the industry at the 2015 Tokyo Motor Show starting late next month, eyeing its market launch by March 2016. Honda was able to make the new model roomier than the four-seater predecessor, as it succeeded in scaling down the fuel cell stack, the apparatus to generate electricity through a chemical reaction between hydrogen and oxygen, by some 33%. The company also said the vehicle can travel over 700 kilometers per full hydrogen charge, farther than 620 kilometers marked by the preceding model and 650 kilometers by rival Toyota Motor Co.'s "Mirai" fuel cell vehicle, which has a riding capacity of four people. Among other features of the new model is a smooth acceleration from a standing start to the high-power electric motor. Honda has been leasing fuel cell vehicles, seen as ultimate eco-friendly vehicles because they do not emit greenhouse gases, since 2008 but sold none of them so far. The name of the upcoming commercial model, as well as the launch date and a sales target, will be announced on October 28, the day before the motor show opens to the public.
Honda Motor Company Plans to Invest USD 210 Million on Modernized Paint Line for Ohio Plant
Sep 28 15
Honda Motor Company is planning to invest USD 210 million for a modernized paint line at its Marysville, Ohio, production plant. The automaker stated that auto body painting can account for more than 60% of a plant's total energy use, however the planned upgrades will give the Ohio facility the most energy-efficient paint line in the automaker's US production network. The new paint shop will switch to a four-coat, two-bake short process, utilising a new 2K waterborne primer to withdraw the need for a third oven-curing cycle that is presently used for the primer coat. The new primer and a waterborne base coat are claimed to decrease volatile organic compounds emissions by around 66% compared to existing operations, while a limestone-dust overspray collection system will cut water use by two million gallons annually. Paint sludge will consequently be eliminated as a waste product, which earlier totaled 255 tons each year. Construction is to commence in December 2015 and continue for around one year. The new 300,000-square-foot line will be able to paint around 230,000 vehicles each year.
Honda Unveils Another Redesign for US Civic Model
Sep 18 15
Honda unveiled its new 10th-generation Civic sedan on 17 September, 2015 on YouTube at its Los Angeles studio. The new sedan is scheduled to go on sale in the United States from the autumn. The 2016 model is the first in a series of new 10th-generation Civic models that will include a sedan, coupe, high-performance Si models, a 5-door hatchback, and the first-ever Civic Type-R model for the US market. The list of changes includes a sporty-look coupled with a more rigid body and chassis design, significant use of LED lighting, and a new platform that offers the largest cabin in compact class. Honda is launching the new model-year Civic with two fuel-efficient powertrains, including the first Honda turbo engine in the US. Additional features include Apple CarPlay, Android Auto, Adaptive Cruise Control with Low-Speed Follow and Honda Sensing technology. To serve the North American market, the company will source the new model from its Greensburg, Indiana, US, and Alliston, Ontario, Canada, manufacturing plants. Further, the 2.0-litre and 1.5-litre turbo engines of the new Civic will be manufactured in Anna, Ohio, and the vehicle's two automatic transmissions (CVTs) will be sourced from Honda plants in Russells Point, Ohio, and Celaya, Mexico.