Honda Information
Honda Information
Honda Information
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Honda
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This article is about the multinational corporation. For other uses, see Honda (disambiguation).
Public
Type
(TYO: 7267) & (NYSE: HMC)
Automobile
Industry Truck manufacturer
Motorcycle
Operating
▲ US$ 2.34 Billion (FY 2009)[1]
income
Employees 181876[2]
Website Honda.com
Contents
[hide]
• 1 History
• 2 Corporate Profile and Divisions
• 3 Leadership
• 4 Products
○ 4.1 Motorcycles
○ 4.2 Automobiles
○ 4.3 Mountain bikes
○ 4.4 Engines
○ 4.5 Robots
○ 4.6 Aeroplanes
• 5 Motorsports
○ 5.1 Automobile
○ 5.2 Motorcycles
• 6 Electric and alternative fuel vehicles
○ 6.1 Compressed natural gas
○ 6.2 Flexible-fuel
○ 6.3 Hybrid electric
○ 6.4 Hydrogen fuel cell
• 7 Marketing
• 8 Facilities (partial list)
• 9 US Honda models
• 10 Sales
• 11 See also
• 12 Notes
• 13 References
• 14 External links
[edit] History
This section requires expansion.
From a young age (7), Soichiro Honda (本田 宗一郎, Honda Sōichirō) had a great interest in
automobiles. He worked as a mechanic at a Japanese tuning shop, Art Shokai, where he tuned
cars and entered them in races. A self-taught engineer, he later worked on a piston design which
he hoped to sell to Toyota. The first drafts of his design were rejected, and Soichiro worked
painstakingly to perfect the design, even going back to school and pawning his wife's jewelry for
collateral. Eventually, he won a contract with Toyota and built a factory to construct pistons for
them, which was destroyed in an earthquake. Due to a gas shortage during World War II, Honda
was unable to use his car, and his novel idea of attaching a small engine to his bicycle attracted
much curiosity. He then established the Honda Technical Research Institute in Hamamatsu,
Japan, to develop and produce small 2-cycle motorbike engines. Calling upon 18,000 bicycle
shop owners across Japan to take part in revitalizing a nation torn apart by war, Soichiro received
enough capital to engineer his first motorcycle, the Honda Cub. This marked the beginning of
Honda Motor Company, who would grow a short time later to be the world's largest
manufacturer of motorcycles by 1964.
The first production automobile from Honda was the T360 mini pick-up truck.[citation needed]
Powered by a small 356 cc straight-4 gasoline engine, it was classified under the cheaper Kei car
tax bracket.[citation needed]
The first production car from Honda was the S500 sports car.[citation needed] Its chain driven rear
wheels point to Honda's motorcycle origins.[citation needed]
With high fuel prices and a weak US economy in June 2008, Honda reported a 1% sales increase
while its rivals, including the Detroit Big Three and Toyota, have reported double-digit losses.
Honda's sales were up almost 20 percent from the same month last year. The Civic and the
Accord were in the top five list of sales.[7][8] Analysts have attributed this to two main factors.
First, Honda's product lineup consists of mostly small to mid-size, highly fuel-efficient vehicles.
Secondly, over the last ten years, Honda has designed its factories to be flexible, in that they can
be easily retooled to produce any Honda model that may be in-demand at the moment.
Nonetheless, Honda, Nissan, and Toyota, three of the strongest vehicle companies in the world,
were still not immune to the global financial crisis of 2008, as these companies reduced their
profitability forecasts. The economic crisis has been spreading to other important players in the
vehicle related industries as well.[9][10] In November 2009 the Nihon Keizai Shinbun reported that
Honda Motor exports have fallen 64.1%.[3]
[edit] Corporate Profile and Divisions
Honda headquarters building in Japan
Honda is headquartered in Minato, Tokyo, Japan. Their shares trade on the Tokyo Stock
Exchange and the New York Stock Exchange, as well as exchanges in Osaka, Nagoya, Sapporo,
Kyoto, Fukuoka, London, Paris and Switzerland.
American Honda Motor Co. is based in Torrance, California. Honda Canada Inc. is
headquartered in the Scarborough district of Toronto, Ontario, and is building new corporate
headquarters in Markham, Ontario, scheduled to relocate in 2008;[11] their manufacturing
division, Honda of Canada Manufacturing, is based in Alliston, Ontario. Honda has also created
joint ventures around the world, such as Honda Siel Cars and Hero Honda Motorcycles in India,
[12]
Guangzhou Honda and Dongfeng Honda in China, and Honda Atlas in Pakistan.
At the 2008 Beijing Auto Show, Honda presented the Li Nian ("concept" or "idea") 5-door
hatchback and announced that they were looking to developed an entry-level brand exclusively
for the Chinese market similar to Toyota's Scion brand in the USA.[13] The brand would be
developed by a 50-50 joint-venture established in 2007 with Guangzhou Automobile Industry
Group.[14][15]
[edit] Leadership
• 1948–1973 — Soichiro Honda
• 1973–1983 — Kiyoshi Kawashima
• 1983–1990 — Tadashi Kume
• 1990–1998 — Nobuhiko Kawamoto
• 1998–2004 — Hiroyuki Yoshino
• 2004–2009 — Takeo Fukui
• since 2009 — Takanobu Ito
[edit] Products
[edit] Motorcycles
For a list of motorcycle products, see List of Honda motorcycles.
During the 1960s, when it was a small manufacturer, Honda broke out of the Japanese
motorcycle market and began exporting to the US. Taking Honda’s story as an archetype of the
smaller manufacturer entering a new market already occupied by highly dominant competitors,
the story of their market entry, and their subsequent huge success in the US and around the
world, has been the subject of some academic controversy. Competing explanations have been
advanced to explain Honda’s strategy and the reasons for their success.
The first of these explanations was put forward when, in 1975, Boston Consulting Group (BCG)
was commissioned by the UK government to write a report explaining why and how the British
motorcycle industry had been out-competed by its Japanese competitors. The report concluded
that the Japanese firms, including Honda, had sought a very high scale of production (they had
made a large number of motorbikes) in order to benefit from economies of scale and learning
curve effects. It blamed the decline of the British motorcycle industry on the failure of British
managers to invest enough in their businesses to profit from economies of scale and scope.
Honda produces the Insight, an affordable hybrid electric vehicle that competes with Toyota
Prius
Its first entrance into the pickup segment, the lightduty Ridgeline, won Truck of the Year from
Motor Trend magazine in 2006 (also in 2006, the redesigned Civic won Car of the Year from the
magazine, giving Honda a rare double win of Motor Trend honors).
[edit] Mountain bikes
See also: Honda RN-01 G-cross
Honda has also built a Downhill racing bike, known as the Honda RN-01. Honda has taken on
several people to pilot the bike, among them is Greg Minnaar. The team is known as Team G
Cross Honda. The key feature of this bike is the gearbox, which replaces the standard Derailleur
found on most bikes.
[edit] Engines
This section requires expansion.
Honda Outboard motor on a pontoon boat
Honda is the largest engine maker in the world. Honda has a number of firsts in many categories,
including the first engine to meet the 1970 US Clean Air Act (1975 CVCC).
Honda, despite being known as an engine company, has never built a V8 for passenger vehicles.
In the late 1990s, the company resisted considerably pressure from its American dealers for a V8
engine (which would have saw use in top-of-the-line Honda SUVs and Acuras), with American
Honda reportedly sending one dealer a shipment of V8 beverages to silence them.[19]
[edit] Robots
Since 2008, Honda has become a major sponsor of the CBS gameshow The Price Is Right. On
episodes in which a Honda car makes an appearance, both games that are played for cars use
Hondas as a prize, as well as the Showcases. Additionally, Honda's U.S. headquarters are located
in the home state of both host Drew Carey and announcer Rich Fields (Ohio).
In 2009, American Honda released the "Dream the Impossible Documentary Series," a collection
of 5-8 minute web vignettes that focus on the core philosophies of Honda. Current short films
include Failure: The Secret to Success, Kick Out the Ladder and Mobility 2088. They feature
Honda employees as well as Danica Patrick, Christopher Guest, Ben Bova, Chee Pearlman, Joe
Johnston and Orson Scott Card. The film series plays at dreams.honda.com.
[edit] Facilities (partial list)
Main article: List of Honda facilities
Trucks Ridgeline
Crossovers CR-V
Vans Odyssey
[edit] Sales
Calendar Year Total US sales
1999 1,076,893
2000 1,158,860
2001 1,207,639
2002 1,247,834
2003 1,349,847
2004 1,394,398
2005 1,462,472
2006 1,509,358
2007 1,551,542
2008 1,284,261
[edit] References
Wikinews has related news: Honda demonstrates mind-reading robotic technology
• "Move Over, Volvo: Honda Sets New Safety Standard for Itself", an article in the
"News" section of the March, 2004 issue of Motor Trend, on page 32
• 2004 Annual Corporate Report
• The story of Honda's entry and growth in the American market is documented in Terry
Sanders' film The Japan Project: Made in Japan. Honda
• Honda's Midlife Crisis: Honda's slipping market position and views of Fukui Takeo
(Chief Executive magazine, December 2005 issue)
• Honda's Corporate History
[edit] External links
Wikimedia Commons has media related to: Honda
Companies portal
• Honda Worldwide site
• Honda Press Library (Japanese, but with graphical timelines of car and bike models)
• Honda Automobiles at the Open Directory Project
• Honda Motorcycles at the Open Directory Project
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Accord Accord Accord Civic Civic
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Full-size Accord
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Honda
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CB series • CBF series • CBR series • CM/CMX series • CR series • CRF series • CX
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VTX series • XR/XL series • XRE300 • Transalp • Africa Twin • Deauville •
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Bros/HawkGT • NX250 • Pacific Coast • TL Series (Reflex) • Valkyrie • X4
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Automobile industry in Japan
M
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ASL · Daihatsu · Dome (Jiotto · Hayashi) · Hino Motors · Honda (Acura) · Hope · Isuzu ·
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Kojima · Mitsuoka · Mazda (Amati · Autozam · Eunos · Efini · Xedos) · Mitsubishi
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Motors · Nissan (Datsun · Infiniti · Prince) · UD Nissan Diesel · Otomo · Sigma · Subaru ·
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Suzuki · Tommy Kaira · Toyota (Lexus · Scion · TOM'S) · Yamaha
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Major and Notable Japanese motorcycle marques
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Asahi · Bridgestone · Cabton · Daihatsu · Fuji · Giant · Hirano · Hodaka · Hosk · Hyogo ·
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Iwasaki · Kurogane · Kyoho · Lilac · Marusho · Mazda · Meguro · Mitsubishi · Miyata ·
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Mizushima[disambiguation needed] · NS · New Era · Nisshin · Rikuo · Showa Fujiya · Tohatsu ·
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Yamaguchi
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TOPIX 100 companies of Japan
C
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7&i · Astellas · Canon · Honda · JFE · JR East · JT · KDDI · KEPCO · Komatsu ·
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Mitsubishi Corporation · Mitsubishi Estate · Mitsui & Co. · Mizuho · MUFG · Nintendo ·
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Nippon Steel · Nissan · Nomura · NTT · NTT docomo · Panasonic · Shin-Etsu · Sony ·
Sumitomo Mitsui Financial · Takeda · TEPCO · Tokio Marine · Toshiba · Toyota
3
0
ÆON · AGC · Asahi Kasei · Bank of Yokohama · Bridgestone · Chubu Electric Power ·
Daiichi Sankyo · Daikin · Daiwa House · Daiwa Securities · Denso · DNP · Eisai ·
L
FANUC · Fujifilm · Fujitsu · Hitachi · Hoya · INPEX · Itochu · JR Central · JR West · Kao ·
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Keyence · Kirin · Kobelco · Kubota · Kyocera · Kyushu Electric Power · Marubeni ·
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Mitsubishi Chemical · Mitsubishi Electric · Mitsubishi Heavy Industries · Mitsui Fudosan ·
g
MOL · MSIG · Murata · NEC · Nidec · Nikon · Nippon Oil · Nitto Denko · ORIX · Resona ·
e
Ricoh · Rohm · Secom · Sekisui House · Sharp · Shiseido · SMC · SoftBank · Sompo
Japan · Sumitomo Chemical · Sumitomo Corporation · Sumitomo Electric · Sumitomo
7
Metal Mining · Sumitomo Metals · Sumitomo Realty · Sumitomo Trust · Suzuki · T&D ·
0
TDK · Tohoku Electric Power · Tokyo Electron · Tokyo Gas · Toppan · Toray · Yahoo!
Japan · Yamada Denki
Retrieved from "http://en.wikipedia.org/wiki/Honda"
Categories: Companies listed on the Tokyo Stock Exchange | Companies listed on the New York
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