Saturday, April 30, 2011
Honda Outlook for Future Auto Production as of April 25, 2011
Concerning production in Japan of finished units and parts for overseas production, production volume will remain at approximately 50% of the original production plan until the end of June. As the supply of parts remains fluid, decisions concerning production from July on will be made step-by-step while monitoring the situation, toward the expected normalization of production in Japan before the end of 2011.
Summary of Consolidated Financial Results for the Fiscal 4th Quarter and the Fiscal Year ended March 31, 2011
TOKYO, Japan, April 28, 2011 - Honda Motor Co., Ltd. announced its consolidated financial results for the fiscal fourth quarter and the fiscal year ended March 31, 2011.
Consolidated Financial Summary:
Despite the impacts of the Great East Japan Earthquake that occurred on March 11, 2011 and the unfavorable currency effects due to appreciation of the Japanese yen, consolidated operating income for the fiscal fourth quarter (January 1, 2011 through March 31, 2011) was 46.2 billion yen primarily due to the expansion of motorcycle and automobile businesses in emerging markets and the contribution of financial business in North America.
Can GM win back sales supremacy from Toyota?
This is not a scene from the war in Libya. Rather, it is a description of the earthquake-and-tsunami-ravaged plains of northeast Japan, where a group of General Motors purchasing department managers were assigned in the days after the March 11 natural disaster struck.
Tuesday, April 26, 2011
Hyundai Launches Premium Models, New Brand Direction at the 2011 Shanghai Motor Show
Hyundai Motor Company, the world’s fastest-growing major automaker, introduced its premium sedan Azera and its new brand direction to the Chinese market at the 2011 Shanghai International Automobile Industry Exhibition, as part of the company’s strategy to further enhance its presence in the world’s biggest auto market. Hyundai also unveiled its new Elantra Yuedong, its best-selling model in China.
Kia Motors reaches 10 millionth vehicle export milestone
- Kia posted USD11.2 billion in exports and accounted for 2.4% of all South Korean exports in 2010
(SEOUL) March 24, 2011 – Kia Motors Corporation reached the 10 millionth vehicle export mark today when a Snow White Pearl
Optima sedan was shipped to the US market from Kia’s main shipping hub, Pyeongtaek Port, located 80 km southwest of Seoul.
Nissan Report #10 - Post Earthquake Activities -
Please see below for the latest update regarding our production status in Japan:
* Production volume in April is expected to be slightly above 40% of the actual production volume in April last year.
Cadillac Promotes Bieber Auction for Cure Duchenne
Fans can bid on a trip for two to see pop singer Bieber in concert at select locations on his world tour. The winner of the auction also will receive a copy of Bieber’s new album, “Never Say Never – The Remixes,” which features music from his recent film, “Never Say Never.”