honda

Get Ready to Pay More for Japanese Car Imports

If you're in the market to buy a new vehicle, particularly popular models from Honda and Toyota, be prepared to pay more. Many dealers, bracing for shortages of cars imported from Japan, are already adjusting prices. One expert expects the increases to "last weeks, if not months."

Japan's Nikkei Pares Losses as Factories Reopen

Japan's markets got a slight reprieve today as the yen slipped a bit after hitting a record high yesterday. While the lower value helped exporters recover from severe losses earlier in the trading session, the country has a long way to go before confidence in its economy's resilience is restored.

Toyota to Keep Japanese Plants Idle Into Next Week

The Japanese automaker has extended its halt on vehicle production at its plants in Japan through March 22, as the country continues to reel from the devastation of last week's massive 9.0 earthquake and ensuing tsunami.

Earthquake's Effects Rattle Japan's Carmakers

Toyota, Nissan and Honda, among other companies, have shut down plants temporarily in Japan in the wake of Friday's earthquake and tsunami. While many of their factories were undamaged, crippled nuclear plants are causing power shortages, and there has been damage to parts makers and transportation infrastructure.

Japanese Market Nosedives in Quake Aftermath

Japanese shares plummeted in the aftermath of what Prime Minister Naoto Kan describes as Japan's worst disaster since 1945. The Nikkei 225 Index plunged 6.2%. In Hong Kong the Hang Seng Index gained 0.4% and China's Shanghai Composite Index inched up 0.1%.

Honda, Chrysler and Toyota Issue Safety Recalls Involving 77,000 Cars

Three top automakers are recalling vehicles for items ranging from steering problems to stalling engines to faulty tire-pressure monitoring systems. The largest involves 35,000 Honda Civic hybrid models to fix electrical components that could cause headlights to shut off or the engine to stall.

February's Sales Put Carmakers in the Fast Lane

It was a good month for auto sales despite inclement weather across much of the country and surging oil prices. Cars sold near an annual pace of 13 million vehicles. That would make February the best on record since the "cash for clunkers" rebate program in 2009.

February Auto Sales Likely Kept Zipping Along

Major automakers are set to release February sales figures on Tuesday, and analysts expect the reports will show sales improved 20% compared to a year ago as consumers continued to warm to the slowly improving economy -- so far, despite surging oil prices.

Property Developers Get Chinese New Year Blues, Hang Seng Slides

There are warning signs that Hong Kong property prices have hit their peak, and today real estate firms dragged the Hang Seng index lower. Despite the drum beats of the lion dancers specially booked to celebrate Chinese New Year and "guaranteed" to bring prosperity to every business they visit, this year may prove a tough one for Hong Kong developers.

Nikkei Surges on Steel Merger Plans and Impressive Earnings

Japanese investors were giddy with excitement as positive earnings reports and the announcement of a major merger flooded the news. The Nikkei 225 advanced 1.1% on Friday, while markets in Hong Kong and China remained closed for the Lunar New Year.

Egyptian Unrest Sends Oil Prices and Asian Markets Higher

Asian markets rose today with investors piling into oil companies as the price of oil passed the $100 a barrel mark. Hong Kong's Hang Seng Index inched up 0.2%, the Shanghai Composite Index added 0.3%, and Japan's Nikkei 225 Index edged up 0.4%.

Asian Markets Suffer as Egypt Crisis Worries Investors

Continuing unrest in Egypt sent shock waves through stock markets as far away as Japan, where the Nikkei 225 Index fell 1.2%. Hong Kong's Hang Seng Index also dropped 0.7%. In China the Shanghai Composite Index climbed 1.4%.

Threat of Worsening Inflation Drags Shares Lower in China

Asian shares were mixed Monday. In China the Shanghai Composite Index fell 0.7% and in Hong Kong the Hang Seng Index edged down 0.3% as investors worried that inflation could rise further in the lead-up to Chinese New Year. However, Japan's Nikkei 225 Index climbed 0.7%.

Upbeat Consumers Push Auto Sales Higher

The nation's automakers ended 2010 on an upbeat note with most reporting higher sales for December. Consumers seemed to put concerns about the U.S. economy on hold and more than offset reduced demand by fleet customers, such as corporations and rental-car companies.

December Auto Sales: Set to End 2010 in High Gear

The economy may be less robust than most Americans would like, but that didn't stop many of them from hitting car dealer showrooms in December, likely propelling auto sales in the final month of 2010 to 1.13 million units, the year's highest levels.

Honda and Acura Owner Database Hacked

Cybercriminals hacked into the database of American Honda Motor Co., Inc. stealing the names, email addresses and Vehicle Identification Numbers...

2010 Likely Busiest Year for Auto Recalls in Seven Years

2010 may be the year of the car recall, with the U.S.'s six largest suppliers recalling more than 19 million vehicles over the last 12 months. Toyota, which recalled about 7 million cars this year, tops the list. General Motors, at about 4 million, came in second.

Honda to Recall 1.35 Million Fit Cars

Honda Motor Co (HMC) is recalling 1.35 million Fit subcompact cars to repair defective wiring in the headlights. The carmaker said it would recall 143,000 cars in the United States and 734,000 cars in Japan, according to The Associated Press.

U.S. November Auto Sales Show Plenty of Zip

It's traditionally one of the slowest months of the year for vehicle sales, but most automakers reported higher U.S. sales in November compared to a year ago, despite continued consumer caution about the slow economic recovery.

Trucks and SUVs Should Fuel November Auto Sales

Rising confidence among U.S. consumers is expected to translate into healthier numbers for the nation's automakers when they report November sales figures Wednesday. Domestic automakers fared better than their foreign counterparts as sales rebounded further from last year's anemic levels, according to analysts.

Could Japan Hold the Key to Asia's Rising Consumers?

Although Japan's stock market has been weak for the last 20 years, there are signs that a shift may be under way that could transform that nation into the gateway to Asia's emerging-market consumers. For patient investors looking for a contrarian play with huge upside potential, it's time to re-examine Japan.