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Consulting firm AlixPartners has completed a report on the effects of tariffs on the car industry. It assumes that car companies will pass 80% of tariff costs to buyers. The exact increase is expected to be $1,760. America’s two largest car manufacturers will bear the brunt of the financial costs. General Motors Co. (NYSE: GM) has 17% of U.S. car sales, while Ford Motor Co. (NYSE: F) has 13%. 24/7 Wall St. Key Points: America’s two largest car manufacturers are expected to bear the brunt of the effects of tariffs on the industry. Car sales could decline by a million units over the next three years. Take this quiz to see if you’re on track to retire. (sponsored) The report also forecasts that the increases will cut car sales by a million units over the next three years. Bloomberg says that GM has reported its expectations of the impact of tariffs will be $5 billion in the next year. Ford expects the impact to be $2.5 billion. Ford and GM are already under siege. Although sales hav
Honda Motor-backed Helm.ai on Thursday unveiled its camera-based system to interpret urban environments, dubbed Helm.ai Vision, and said it was in talks with other automakers to deploy its self-driving technology in mass-market vehicles.
HANOI, Vietnam--(BUSINESS WIRE)-- #FPT--FPT Corporation announced its sponsorship of Honda Racing Vietnam, the official Vietnamese racing team competing in the prestigious FIM Asia Road Racing Championship (ARRC), organized by FPT's key client in Japan, Honda. Through this sponsorship, the FPT logo will appear prominently on the team's motorcycles and rider gear throughout the ARRC 2025 season. Recognized by the Fédération Internationale de Motocyclisme (FIM), the ARRC is Asia's premier motorcycle roa.
The faulty brake pedal can increase the risk of injury or crash, according to the National Highway Traffic Safety Administration.
TOKYO , June 18, 2025 /PRNewswire/ -- Honda Motor Co., Ltd. (HMC; NYSE) has filed with the Securities and Exchange Commission its annual report on Form 20-F for the fiscal year ended March 31, 2025.
Honda Motor is recalling 259,033 vehicles in the U.S. due to a faulty brake pedal that can shift out of position and hinder braking, raising the risk of crashes or injury, the U.S. National Highway Traffic Safety Administration said on Wednesday.
Japan's second-largest automaker, Honda Motor stock (NYSE: HMC), has predominantly fluctuated sideways this year, yielding approximately 2% since the beginning of January. Honda's recent outcomes have been somewhat underwhelming in the latest quarters.
Honda and Sony are teaming up to enter the EV race. The AFEELA 1 is expected to start deliveries next year.
Tariffs and auto manufacturing are no simple matter, as illustrated by this Honda factory in Indiana
A tour of an Indiana car factory found both a smooth operation and an illustration of how rough it could be to try to reshape one of America's most important industries.
DEERFIELD BEACH, Fla.--(BUSINESS WIRE)--MAPEI, a leading global manufacturer of adhesives, sealants, and chemical products for the building industry, proudly extends its best wishes to Marco Andretti and the Andretti Global team at the 109th Running of the Indianapolis 500. This year's race marks a major milestone for Andretti, as he takes the green flag for his 20th career start at the iconic event—an achievement few drivers reach and a moment that makes this year's race more meaningful. Andre.