July 27, 2017 5:53 AM ET

Automobiles

Company Overview of American Honda Motor Co., Inc.

Company Overview

American Honda Motor Co., Inc. manufactures and sells Honda automobiles. It offers cars, sedans, and SUVs; power sports products, including motorcycles, ATVs, and scooters; auto and motorcycle racing products; power equipment, such as generators, lawn mowers, pumps, snow blowers, tillers, and trimmers; engines; personal watercraft; marine outboard motors, parts, and accessories; aircraft; and humanoid robots. The company also provides personalized services, such as maintenance schedules, recall information, and online payment to its members; and finance options. It sells its products through automobile, motorcycle, and power-equipment dealerships in the United States. The company was founded...

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: 61
Chief Financial Officer
Chief Executive Officer of Honda Motor Co Ltd and President of Honda Motor Co Ltd
Age: 64
Executive Vice President of Automobile Operations
Age: 75
Senior Vice President and General Manager of Honda Division
Compensation as of Fiscal Year 2017.

American Honda Motor Co., Inc. Key Developments

American Honda Motor Co., Inc. Reports Sales Results for the Month and Year to Date Ended June 2017

American Honda Motor Co., Inc. reported sales results for the month and year to date ended June 2017. For the month, the company reported sales of 139,793 Honda and Acura vehicles, an increase of 0.8% over June 2016. Honda and Acura Division trucks also combined for a new June record, gaining 1.9% on sales of 70,067 units, while combined car sales totaled 69,726, down 0.3%. Honda Division was down 1.3% on sales of 125,755 units, with trucks down 1.6% on sales of 60,500 units due to inventory issues, and cars down just 1% on sales of 65,255. Acura Division sales gained 23.7% in June, on sales of 14,038 vehicles, with trucks jumping 30.9% on sales of 9,567, and cars rising 10.6% on sales of 4,471 units. For year to date, the company reported total car sales of 388,067 against 415,935 a year ago. Total truck sales acura were 25,047 against 28,103 a year ago. Total domestic car sales were 316,526 against 388,668 a year ago. Total domestic truck sales were 403,819 against 376,420 a year ago.

Honda Announces 2018 Honda Fit Gets Fresh Model

Honda announced the 2018 model year brings significant updates to the third generation of the versatile 5-door subcompact Honda Fit including fresh sportier styling, a more dynamic and refined driving experience, new Sport trim, and substantially upgraded technology and premium features. In a first for Fit, the Honda Sensing® suite of advanced safety and driver assistive technologies including Collision Mitigation Braking™ (CMBS™) and Road Departure Mitigation (RDM) is available on all Fit models and standard on EX and above trims. This makes Fit the most affordable car in America with such a robust offering of safety and driver-assistive features and the only vehicle within its segment to do so. The 2018 Honda Fit features updated and sportier styling, including a lower and wider appearance due to new front and rear fascia, a more sophisticated two-piece chrome and piano black grille, and new wheel finishes. Overall length of the 2018 Fit increases to 161.4 inches (+1.4) for LX, EX and EX-L models while Sport's unique aero kit adds an additional 0.4 inches (161.8). For 2018, the Fit offers an expanded exterior color palette with two exciting new options – Helios Yellow and Orange Fury. Carryover colors include White Orchid Pearl, Lunar Silver Metallic, Modern Steel Metallic, Crystal Black Pearl, Milano Red and Aegean Blue Metallic. EX and above trims also feature a new two-tone finish on the 16-inch alloy wheels with machined spokes and gloss-black inserts. The new Fit Sport trim features an even more aggressive and sporty look with aero form features at the front, sides and rear, integrated fog lights, and a low and sharp front splitter highlighted in bright orange. An exclusive gloss-black finish on the 16-inch alloy wheels further adds to the sporty look. At the rear, a three-strake diffuser with bright orange upper trim line, chrome exhaust finisher and Sport badge complete the Fit Sport's distinct exterior styling. On the inside, the Fit Sport distinguishes itself with a black interior with unique cross-hatched fabric for the seats and door trim. The exterior's orange accent theme continues inside with bright orange stitching on the seats, console-mounted armrest, and leather-wrapped steering wheel and shift knob. Features and Technology: for 2018, the Fit is offered in LX, EX, and EX-L trims, along with a new Sport trim positioned between LX and EX – each generously equipped. Standard features on all Fit models include rearview camera, tailgate spoiler, auto on-off headlights, LED brake lights, Bluetooth® HandsFreeLink® and a center storage console with armrest. All 2018 Fits feature a redesigned driver's meter with a large analog speedometer and digital tachometer. Models equipped with HondaSensing® receive a 4.2-inch Thin-Film Transistor (TFT) Driver Information Interface (DII) color display offering additional selectable information including available turn-by-turn directions. The Fit Sport builds off the LX with exclusive interior trim featuring black cross-hatched fabric and orange accent stitching, leather-wrapped steering wheel and shift knob, and steering wheel-mounted paddle shifters on CVT models. In addition, the Sport model gains premium features found on EX trims including Honda's 7-inch Display Audio touchscreen interface with Apple CarPlay™ and Android Auto™ compatibility, and a 180-watt six-speaker audio system. The Fit EX includes Honda Sensing® standard on both CVT and 6MT models. This marks the first application of Honda's suite of advanced safety and driver assistive features to a model equipped with a manual transmission. The Fit EX also gains Honda LaneWatch™, XM Radio, variable intermittent wipers, Push Button Start, Smart Entry with Walk Away Auto Lock®, a one-touch power moonroof, and new sliding sunvisors.

American Honda Motor Co., Inc. Reports Sales Results for the Month and Year to Date Ended May 2017

American Honda Motor Co., Inc. reported sales results for the month and year to date ended May 2017. For the month, the company reported sales of 148,414 Honda and Acura vehicles, an increase of 0.9% over May 2016. Honda Division rose 0.7% on sales of 134,475 units, with trucks up 5.6% on sales of 63,650, and cars down 3.4% on sales of 70,825. Acura Division sales were up 2.8% in May, on sales of 13,939 vehicles, with trucks increasing 7.8% on sales of 9,456, and cars down 6.4% on sales of 4,483 units. For year to date, the company reported total car sales of 318,341 against 346,000 a year ago. Total truck sales were 333,752 against 307,640 a year ago. Total domestic car sales were 258,196 against 323,840 a year ago. Total domestic truck sales were 333,752 against 307,640 a year ago.

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