|Exchange:||New York Stock Exchange|
|Stock:||Honda Motor Co Ltd|
|Honda Motor Co Ltd was incorporated on September 24, 1948 under the Commercial Code of Japan. The company develops, produces, and manufactures a number of motor products, ranging from small general-purpose engines to specialty sports cars. Its business segments are motorcycle business, automobile business, financial services business, and power product and other businesses. The company produces a range of motorcycles, ranging from the 50cc class to the 1800cc class in cylinder displacement. Its motorcycles use internal combustion engines developed by the company that are air- or water-cooled, two or four-cycle, and single, two, four or six-cylinder. The company’s motorcycle line consists of sports including trial and moto-cross racing, business and commuter models. It also produces all-terrain vehicles (ATVs) since 1984 and personal watercraft since 2002. It started the automobile business in 1963 with T360 mini-truck and S500 small sports car and since then it launched a series of mass-produced models including Civic in 1972, Accord in 1976, which established a base for its automobile business. In 1969, production of the mini-vehicles N600 and TN600 began in Taiwan using component parts sets. The company’s automobiles use gasoline engines of three, four or six-cylinder, diesel engines and gasoline-electric hybrid systems. It also offers alternative fuel-powered vehicles such as natural gas, ethanol, and fuel cell vehicles. The company’s main automobile products include the following vehicle models: Passenger cars- Legend, Accord, Inspire, Civic, Insight, City, Acura RL, Acura TL, Acura TSX and Acura CSX; Minivans, Multi-wagons, Sport Utility Vehicle- Elysion, Odyssey, Step Wagon, Stream, FREED, Edix/FR-V, Airwave, Fit/Jazz, Partner Pilot, Ridgeline, CR-V, Element, Crossroad, S2000, Acura MDX and Acura RDX; Mini cars- Life, Zest, Vamos and Acty. The company offers a number of financial services to its customers and dealers through its finance subsidiaries in countries including Japan, the United States, Canada, the United Kingdom, Germany, Brazil and Thailand, with the aim of providing sales support for its products. Its power product business began in 1953 with the introduction of the model 'H', its first general purpose engine. Since then the company has been manufacturing number of power products including power tillers, portable generators, general-purpose engines, grass cutters, outboard marine engines, water pumps, snow throwers, power carriers, power sprayers, lawn mowers and lawn tractors. In 2003, Honda introduced a compact home-use cogeneration unit. Cogeneration refers to the multiple applications of energy derived from a single source, such as using the heat supplied during the combustion process that drives an engine for other heating or cooling purposes. The main raw materials used by Honda are steel plate, aluminum, special steels, steel tubes, paints, plastics and zinc. The company is subject to environmental and other governmental regulation.|
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