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Honda Announces Massive Recall Involving Over 320,000 Cars and SUVs
Thursday, July 19, 2012 - 1:47pm | 537Honda (NYSE: HMC) is recalling 166,000 small SUVs and 6,200 luxury cars in the United States, along with thousands more throughout the rest of the world. The Japanese automaker said there may be a problem with the doors of the 2012 CR-V and the 2013 Acura ILX. According to Reuters, no accidents or...
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Honda, Movado and Others Analysts Are Bullish On
Monday, May 14, 2012 - 6:41am | 1003Here is a quick look some dividend payers in the consumer goods sector that have a consensus recommendation of analysts of Strong Buy. The world's largest brewer, Anheuser-Busch InBev (NYSE: BUD), has seen its share price rise almost 31% in the past half year, despite pulling back a bit in the...
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Seven Japanese Stocks Up More Than 10% Year to Date
Sunday, February 12, 2012 - 3:53pm | 1002Japanese companies had a rough 2011, following last spring's earthquake and nuclear crisis. But the stocks listed here have started off the year on a good footing, rising between 10% and 35% year to date. They represent a cross-section of Japan's manufacturing sector, all are traded on U.S....
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Does Ford Suffer from a Case of Honda or Hyundai Envy?
Monday, January 9, 2012 - 11:06am | 879Think Ford First, says the automaker. So why are new Ford cars making us think of Honda and Hyundai instead? It all started with the redesigned Ford (NYSE: F) Escape, which looks painfully similar to the Honda (NYSE: HMC) CR-V. After writing about the similarities last fall, many readers chimed in...
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Earnings Expectations for the Week of November 21
Sunday, November 20, 2011 - 10:57am | 1061For a holiday-shorted week, there will still be plenty for investors and analysts to mull over on the earnings front. Quarterly results from global tech company Hewlett-Packard (NYSE: HPQ), farm and construction equipment maker Deere & Co. (NYSE: DE) and food companies Campbell Soup (NYSE: CPB...
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Is Ford a Leader or a Follower?
Thursday, November 17, 2011 - 10:04am | 954Ford is known for manufacturing some of the best and most original vehicles available. So why is the new Escape a clone of the Honda CR-V? The obvious (if not painful) answer is that Ford (NYSE: F) liked what it saw, valued the success of one of its competitors, and simply wished to imitate Honda...
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Will the 2014 Corvette Redesign Help or Hurt GM's Bottom Line?
Tuesday, November 15, 2011 - 10:58am | 1120“These aren't photos, but this is absolutely the next-generation Chevy Corvette in ZR1 trim. GM so doesn't want you to see these.” That's the word from Jalopnik, which has three exclusive renderings of the 2014 model. While there have been numerous reports of spy shots showing a real Corvette (...
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5 Most Overpriced New Cars of 2011
Tuesday, June 21, 2011 - 10:10am | 126(TheStreet) -- If an automaker's big strategy is to raise prices and sales drop off immediately as a result, chances are the car-buying public thinks some of those vehicles are way overpriced. U.S. car sales fell 3.7% in May to 1.06 million, which puts automakers well off the 13 million sales pace...
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Toyota Output to Be Up to Speed in November
Saturday, June 4, 2011 - 11:22am | 213On Saturday, the president of Toyota Motor (NYSE: TM) said the automaker is experiencing a faster-than-expected recovery from the shortage of auto parts caused by the earthquake and tsunami that hit Japan in March. Full production globally is expected to resume in November. Japanese output is...
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Anguish Or Amusement: The Weekender
Thursday, February 10, 2011 - 4:21pm | 555Super Bowl XLV featured ads that we praised and ads that we panned. But February 6 wasn't the only important day for advertising. During the other 364 days of the year, consumers are exposed to an overabundance of commercials. Some of them are subtly humorous: Some try a little too hard to get...
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American Honda October Sales Increase 19.8 Percent
Wednesday, November 3, 2010 - 11:34am | 42American Honda Motor Co., Inc., posted October sales of 98,811 vehicles, an increase of 19.8 percent based on the daily selling rate*, the company announced today. American Honda year-to-date sales reached 1,011,247, an increase of 5.1 percent versus last year based on the daily selling rate.
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Cars And Recalls: Like Peanut Butter And Spoiled Jelly
Thursday, October 28, 2010 - 3:02pm | 313Will the motor vehicle recalls ever come to an end? While they have always been a part of the industry, it seems that Toyota Motor Corporation (NYSE: TM) – the leader in worldwide recalls – has inspired every manufacturer to jump on the bandwagon. Many of them are jumping on again and again. Just...
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Penske Auto And Nissan Sign Deal To Sell Smart-Branded Cars
Wednesday, October 6, 2010 - 9:41am | 262On Wednesday, Penske Automotive Group (NYSE: PAG) formed a non-binding agreement with Nisson Motor Co. (NYSE: NI) to sell a Nissan manufactured car in the U.S. under the Smart car brand. Penske already sells the tiny two-passenger Smart ForTwo minicar made by Daimler AG, and is interested in a...
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DB's Auto & Auto Parts Industry Update
Wednesday, September 22, 2010 - 8:08am | 317Deutsche Bank's Industry Alert for Autos & Auto Parts includes Ford Motor Company (NYSE: F) and Lear Corporation (NYSE: LEA) and is as follows: “Based on our mid-month channel checks, we estimate that the U.S. light vehicle SAAR is tracking at 11.6MM in September (+26.7% YOY on a unit sales...