Honda
Lumax Auto Technologies, India wins new business form Mahindra, Honda, and Maruti Suzuki
On May 28, Lumax Auto Technologies Limited announced that during the quarter that ended on March 31, 2025, it won a new business to supply cockpit assembly for Thar Roxx and its newly launched electric vehicles, BE6, and XEV 9E.
It will also supply a gear shifter (automatic transmission and manual transmission) and a
Honda Mexico unveils 2026 HR-V SUV for North American market
On May 21, Honda de México unveiled the 2026 Honda HR-V SUV, a model built in Celaya, Guanajuato for North America, and other markets.
The vehicle is powered by a 2.0-liter 4-cylinder engine producing 155 hp and 136 lb-ft of torque, paired with a reengineered CVT for better responsiveness and fuel efficiency. Paddle

Honda Motorcycle & Scooter India to build new production line at Gujarat plant
On May 22, Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI) announced that it will build a fourth production line at its fourth plant in Vithalapur, Ahmedabad, Gujarat.
The company will invest about INR 9.2 billion (around JPY 16.1 billion) to build a fourth production line, which will produce 650,000 motorcycles p

CATL, HMCT to jointly promote application of LFP, CTB battery technologies
Contemporary Amperex Technology Co., Ltd. (CATL) signed a memorandum of deepening cooperation with Honda Motor China Technology Co., Ltd. (HMCT).
Based on the existing cooperation foundation, the two companies will launch further cooperation in areas such as R&D of new technologies and management of the supply chain.

Honda announces CR-V lineup for 2026, with first-ever TrailSport Hybrid trim
On May 20, Honda announced that the refreshed 2026 Honda CR-V is arriving in U.S. dealerships now, with more standard technology and an expanded lineup, featuring a new TrailSport Hybrid trim that brings more rugged styling and improved capability to the most popular Honda model.
The new CR-V TrailSport Hybrid, the

Honda debuts 2026 HR-V with new styling and tech upgrades in U.S.
On May 21, Honda announced that the 2026 Honda HR-V, with stylish design upgrades and enhanced standard tech features is now arriving at U.S. dealerships with a starting price of USD 26,200. Honda’s gateway SUV gains a larger touchscreen with wireless Apple CarPlay and Android Auto compatibility, and wireless phone c

Honda Malaysia launches e:N1 BEV, garners strong early demand
Reported on May 16, 2025, Honda Malaysia has received 200 bookings for the all-electric Honda e:N1 before the official local launch on May 15.
The company expects to clear its entire stock of the B-segment SUV by year-end, before the import and excise duty exemptions for CBU EVs expire on December 31, 2025.
Honda’s f

Honda 2025 Motorcycle Business Update: settting goal of 50% global motorcycle share with ICE and electric models
On May 20, Honda Motor Co., Ltd. held its "2025 Honda Business Briefing" and presented its motorcycle strategy. For the FY ended March 31, 2025, motorcycle sales reached 20.6 million units, which accounted for nearly 40% of the global motorcycle market, setting a record in 37 countries and territories.
Honda projects
Honda 2025 Business update: realigning automobile electrification strategy
On May 20, Honda held a press briefing on realigning its automobile electrification strategy.
As for EVs, due to the revision of the product launch plan considering the recent market slowdown, the Honda global EV sales ratio in 2030 is now expected to fall below the previously announced target of 30%. Honda will posi

Honda sorts out North American production of CR-V
On May 15, Honda Motor Co. announced, as clarification of an earlier statement, that there will be no decrease in volume and no jobs lost when it moves some CR-V production from its plant in Alliston, Ontario, to one in East Liberty, Ohio.
Honda said on May 13 that it will shift only the production of CR-Vs destined
Three Japanese OEMs release April 2025 new car sales figures in China, with only Toyota seeing growth y/y
Three Japanese OEMs recently announced their April 2025 new car sales results in China.
Toyota sold 142,800 units in April, up 20.8% year-over-year (y/y) and achieving growth y/y for 3 consecutive months. Year-to-date (YTD) sales volume totaled 530,200 units, up 7.7% y/y. Stimulated by China’s automobile trade-in pol
New Honda Civic RS e:HEV launched in Indonesia
Announced on May 8, 2025, PT Honda Prospect Motor has officially launched the new Honda Civic RS e:HEV in Indonesia, priced at IDR 699 million (Jakarta OTR price for first ownership in 2025).
The Civic RS e:HEV features a hybrid system that combines a 2.0L Atkinson-cycle petrol engine with a powerful electric motor w

Honda Canada postpones CAD15 billion EV investment project in Ontario
On May 13, it was reported that Honda Canada will postpone a CAD15 billion electric vehicle (EV) investment project in Ontario, including a proposed EV battery plant and retooled vehicle assembly facility.
Honda Canada spokesman Ken Chiu said that due to the recent slowdown in the EV market, Honda has announced an ap
Honda operating profit down 12.2% to JPY1.2135 trillion for FY2024
On May 13, Honda Motor Co., Ltd. announced its financial results for FY2024 (April 1, 2024 through March 31, 2025).
Sales revenue increased 6.2% year-on-year (y/y) to JPY 21.6888 trillion, operating profit decreased 12.2% to JPY 1.2135 trillion and profit for the year attributable to owners of the parent dropped 24.5
Flash Report: Honda's operating income for the full 2024 fiscal year decreased by 12.2% to JPY 1,213.5 billion
Honda's FY2024 full-year financial results were announced.
Revenue increased 6.2% YoY to JPY 21,688.8 billion. This was a JPY 1,260.0 billion increase over the previous year's JPY 20,428.8 billion.
Operating income fell 12.2% YoY to JPY 1,213.5 billion. This was a decrease of JPY 168.5 billion from the JPY 1,382.0