February 28, 2015 2:03 AM ET

Automobiles

Company Overview of American Honda Motor Co., Inc.

Company Overview

American Honda Motor Co., Inc. manufactures and sells Honda automobiles. The company offers cars, trucks, sport utility vehicles, automobile parts and accessories, engines, generators, lawn mowers, tillers, trimmers, motorcycles, multi-purpose utility vehicles, outboard motors, pumps, scooters, and snowblowers through authorized Honda dealers. It also provides maintenance, repair, and operational services. The company was founded in 1959 and is based in Torrance, California with manufacturing operations in the U.S., Canada, and Mexico. American Honda Motor Co., Inc. operates as a subsidiary of Honda Motor Co., Ltd.

1919 Torrance Boulevard

Torrance, CA 90501

United States

Founded in 1959

Phone:

310-783-3170

Fax:

310-783-3622

Key Executives for American Honda Motor Co., Inc.

Chief Executive Officer and President
Age: 58
Chief Financial Officer
Chief Executive Officer of Honda Motor Co Ltd and President of Honda Motor Co Ltd
Age: 61
Executive Vice President of Automobile Operations
Age: 72
Senior Vice President and General Manager of Honda Division
Compensation as of Fiscal Year 2014.

American Honda Motor Co., Inc. Key Developments

Honda Marine Announces New Agreement with Coach Pontoons

Honda Marine announced a new, exclusive OEM agreement with Coach Pontoons. A subsidiary of Coach Marine Group, LLC, Coach Pontoons is a new manufacturer of pontoon boats, offering a full range of models for dealers and distributors throughout North America. According to the terms of the agreement, Honda Marine will supply Coach Pontoons with selected outboard engine models from its Mid-Range BF Series (BF40, BF50, BF60, BF75, and BF90) and High Power BF Series (BF115, BF135, BF150, BF200, BF225, and BF250) as original equipment for all pontoon models manufactured by the company.

American Honda Motor Co., Inc. Reports Sales Results for the Month and Year to Date Ended December 2014

American Honda Motor Co., Inc. reported sales results for the month and year to date ended December 2014. For the month, the company has reported that total sales were 137,281 units, an increase of 1.5%, compared to 135,255 units in December 2013. For the year to date, total sales were 1,540,872 units, an increase of 1.0%, compared to 1,525,312 units for 2013.

National Highway Transportation Safety Administration Probes American Honda Motor over Air Bags

The National Highway Transportation Safety Administration has opened an investigation into American Honda Motor Co., asking whether the company failed to report known problems with air bags made by Takata Corp. in a timely manner. Defective Takata air bags, many of them installed in Honda vehicles, have been the subject of NHTSA safety alerts concerning almost 8 million vehicles, after reports of incidents in which the automobile restraint systems exploded and hurled metal shrapnel into the heads and bodies of drivers and passengers. At least two deaths and many injuries have been associated with the Takata air bags, which were installed in vehicles made by Honda, Toyota, Mazda, Nissan, Mitsubishi, Subaru, Chrysler, Ford and BMW in various model years ranging from 2000 to 2008.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
March 10, 2014
American SHOWA, Inc.
 

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