No ridgeline for 2-years. "Supposedly" coming out with new one in 2016. Website very vague and iffy about that.
I think Honda is losing it. The civic's door is 2-feet high and hard to enter/exit. For those who don't mind getting into a circus act because of the 40 MPG, go for it.
Shouldn't they have had a truck in place before June-2014's last Ridgeline came off the aseembly.? What I need is an urban/suburban truck. 4-cyl. ... Terrific milage. ... Front-wheel-drive. .... Electric motors on each rear-wheel. ..... Knee-high bed. ..... Seats at least 4.
I just bought an Acura MDX, pretty nice car. If I'm not mistaken Honda has a lot of production between Canada and the States. I don't know what percentage however those sales and profits would be all dollars and yen depreciation wouldn't matter. Just wondering if their dollar based sales coupled with some Yen based price discouting wont make this a good one? I guess a lot of it comes down to how well their sales are going overall. I have a Honda pilot that has 200k miles and I've never had to repair the car, which brought me to the MDX. and now to the stock.
Honda has one plant in Canada and one in Mexico. They have 4 plants in the US including their first one in Marysville, Ohio - it is the only plant with 2 production lines making 2 cars about every 50 seconds. My wife works there - our family has had over 20 Honda"s without ever experiencing any problems - just normal maintenance. My wife gave her 2001 Accord to her sister several years ago and it has almost 400,000 now. Honda has plants all over the world but the North America produces the most cars than anywhere else.
Thanks for the info, nice to see US production and jobs. I always try to look at the American auto makers when in the market for a new car but sadly they can't match Honda. It's kind of interesting how people can ignore the repair records of some American cars or the outrageous maintenance expense of the European autos. The only explanation is they do no research and make emotional decisions, kinda stupid if you ask me.
Most people don't want to own the same car for 10 years - we never want to sell our Honda's = we keep them forever
all the big boys are jumping into the auto sector including Soros, Buffett and Apple too! TRUE had a powerful move within the last 3 days! Be in the sector rather than a brand! FWIW
New position here. Bought because longer term charts look good.
Plus it seems like the HondaJet isn't factored into the valuation?
Toyota and Honda both have same PE.
100 orders, 50 delivered in 2015 and up to 80 in 2016 = $450 mm revenue
5 Year weekly with positive divergence:
20 year monthly bouncing of bottom trend line:
Sentiment: Strong Buy
It's the worst looking vehicle in Honda lineups. I hate the jelly bean shape especially for this HR-V and look like they copy (I hate to use the word COPY) the taillights from a 2012 toyota camry se where it's missing a chunk on lower right for the left lamp and lower left of for the right lamp. Oh boy, I don't want to use the word Ugly, but it looks cheap as hell for both the Honda and the Toyota. Why can't they make it a bit more modern and pleasing?