DOCSLIB.ORG

Annual Report 2008 Honda Motor Co., Ltd

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Annual Report 2008 Honda Motor Co., Ltd Honda Motor Co., Ltd. Annual Report 2008 Honda Motor Co., Ltd. Year Ended March 31, 2008 Annual Report 2008 This annual report is printed on recycled paper using soy ink with no volatile organic content. Furthermore, a waterless printing process was used to prevent toxic emissions. Printed in Japan WorldReginfo - bc9832be-05b4-4eaa-80a4-f78d1968d3bb Corporate Profile Honda Motor Co., Ltd., operates under the basic principles of “Respect for the Individual” and “The Three Joys”—expressed as “The Joy of Buying,” “The Joy of Selling” and “The Joy of Creating.” “Respect for the Individual” reflects our desire to re- spect the unique character and ability of each individual person, trusting each other as equal partners in order to do our best in every situation. Based on this, “The Three Joys” express our belief and desire that each person working in or coming into contact with our company, directly or through our products, should share a sense of joy through that experience. In line with these basic principles, since its establishment in 1948, Honda has remained on the leading edge by creating new value and providing products of the highest quality at a reasonable price, for worldwide customer satisfaction. In addi- tion, the Company has conducted its activities with a commitment to protecting the environment and enhancing safety in a mobile society. The Company has grown to become the world’s largest motorcycle manufacturer and one of the leading automakers. With a global network of 501* subsidiaries and affiliates accounted for under the equity method, Honda develops, manufac- tures and markets a wide variety of products, ranging from small general-purpose engines and scooters to specialty sports cars, to earn the Company an outstanding reputation from customers worldwide. *As of March 31, 2008 Reports Published by Honda CSR Report This report provides an overview of Honda’s position on corpo- rate social responsibility (CSR) activities and an overview of its performance in the areas of quality and safety, the environment, stakeholders, and corporate citizenship during the fiscal year ended March 31, 2008. http://world.honda.com/CSR/ Philanthropy Report This report explains Honda’s position on philanthropy and profiles major performance areas during the fiscal year ended March 31, 2008. http://world.honda.com/community/ Driving Safety Promotion Report This report (available only in Japanese) summarizes Honda’s efforts to promote safe driving and principal activities in this area in 2007. Annual Report This report outlines Honda’s operating performance for the fiscal year ended March 31, 2008. http://world.honda.com/investors/annualreport/ Honda’s Major Areas of Disclosure—Web Sites Corporate profile http://world.honda.com/profile/ Environmental Report CSR http://world.honda.com/CSR/ Investor relations http://world.honda.com/investors/ This report describes Honda’s position on environmental initia- Environment http://world.honda.com/environment/ tives, its environmental performance for the fiscal year ended Community http://world.honda.com/community/ March 31, 2008, and future environmental targets. Safety http://world.honda.com/safety/ http://world.honda.com/environment/ecology/2008report/ Promoting safer driving http://world.honda.com/safety/safer-driving/ Caution with Respect to Forward-Looking Statements This annual report contains “forward-looking statements” as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are based on management’s assumptions and beliefs, taking into account information currently available to it. Therefore, please be advised that Honda’s actual results could differ materially from those described in these forward-looking statements as a result of numerous factors, including general economic conditions in Honda’s principal markets, foreign exchange rates between the Japanese yen and the U.S. dollar, the Euro and other major currencies, and extensive environmental and other governmental regulations, as well as other factors detailed from time to time. WorldReginfo - bc9832be-05b4-4eaa-80a4-f78d1968d3bb Contents 2 The Power of Dreams 4 Financial Highlights 6 Summary of Operating Results by Business 8 To Our Shareholders 15 Review of Operations Motorcycle Business Automobile Business Power Product and Other Businesses Financial Services Business 34 Preparing for the Future 35 Risk Factors 37 Corporate Governance 44 Board of Directors, Corporate Auditors and Operating Officers Cover CBR600RR 47 Financial Section A super sport bike well-known for its light, high-performance engine, compact body, and outstanding driving performance, the CBR600RR carries forward the Honda tradition for developing machines that embody 117 Corporate Information cutting-edge technology and styling and are formidable contenders in MotoGP (FIM Road Principal Manufacturing Facilities Racing World Championship Grand Prix). Honda Group Accord A luxury sedan developed with the aims of Honda’s History offering both “dynamism” and “intelligence” in all aspects of design, space, driving Investor Information performance and functions, the Honda Accord seeks to offer ever-higher levels of sporty driving and refinement, while substantially enhancing the basic performance features of driving, cornering, and stopping. BF50 While carrying forward the Honda tradition of offering lightness and a compact package that is at the top levels in its class, the BF50 is a medium-sized four-stroke outboard engine that achieves substantially improved fuel economy in the cruising range. WorldReginfo - bc9832be-05b4-4eaa-80a4-f78d1968d3bb Annual Report 2008 1 Dreams inspire us to create innovative products that enhance mobility and benefit society. To meet the particular needs of customers in different regions around the world, we base our sales networks, re- search & development centers and manufacturing facilities in each region. Furthermore, as a socially responsible corporate citizen, we strive to address important environmental and safety issues. WorldReginfo - bc9832be-05b4-4eaa-80a4-f78d1968d3bb 2 WorldReginfo - bc9832be-05b4-4eaa-80a4-f78d1968d3bb Annual Report 2008 3 Financial Highlights Financial Data Honda Motor Co., Ltd., and Subsidiaries Years ended March 31 Yen U.S. dollars (millions except per share data) (millions except per share data) 2006 2007 2008 2008 Net sales and other operating revenue ¥ 9,907,996 ¥11,087,140 ¥12,002,834 $119,801 Operating income 868,905 851,879 953,109 9,513 Income before income taxes, minority interest 829,904 792,868 895,841 8,941 and equity in income of affiliates Equity in income of affiliates 99,605 103,417 118,942 1,187 Net income 597,033 592,322 600,039 5,989 Cash dividends paid during the period 71,061 140,482 152,590 1,523 Research and development 510,385 551,847 587,959 5,868 Total assets 10,631,400 12,036,500 12,615,543 125,916 Stockholders’ equity 4,125,750 4,482,611 4,544,265 45,356 Capital expenditures 457,841 627,066 654,030 6,528 (excluding purchase of operating lease assets) Depreciation 262,225 361,747 417,393 4,166 (excluding property on operating leases) Per share data Net income ¥ 324.33 ¥ 324.62 ¥ 330.54 $ 3.30 Dividends paid 38.5 77.0 84.0 0.84 Stockholders’ equity 2,259.26 2,460.28 2,504.36 25.00 Note: The consolidated financial statements as of and for the year ended March 31, 2008 have been translated into U.S. dollars at the rate of ¥100.19=U.S.$1, the approximate exchange rate prevailing on the Tokyo Foreign Exchange Market on March 31, 2008. Those U.S. dollar amounts presented in the consolidated financial statements and related notes are included solely for the reader. This translation should not be construed as a representation that all the amounts shown could be converted into U.S. dollars. Net Sales and Other Operating Revenue Operating Income and Operating Margin Equity in Income of Affiliates Unit Sales Motorcycles Automobiles Power Products Yen Yen Yen (billions) (billions) (%) (billions) (Thousands) (Thousands) (Thousands) 12,000 1,000 10.0 120 12,000 4,000 8,000 10,000 100 10,000 750 7.5 3,000 6,000 8,000 80 8,000 6,000 500 5.0 60 6,000 2,000 4,000 4,000 40 4,000 250 2.5 1,000 2,000 2,000 20 2,000 0 0 0 0 0 0 0 04 05 06 07 08 04 05 06 07 08 04 05 06 07 08 04 05 06 07 08 04 05 06 07 08 04 05 06 07 08 Operating Income (left scale) Operating Margin (right scale) Japan North America Europe Asia Other Regions Net Income and Return on Equity (ROE) Total Assets, Stockholders’ Equity, and Capital Expenditures and Depreciation Net Sales Stockholders’ Equity per Common Share (Excluding Property on Operating Leases) Motorcycle Business Automobile Business Financial Services Business Power Product and Other Businesses Yen Yen Yen Yen Yen Yen Yen (billions) (%) (billions) Yen (billions) (billions) (billions) (billions) (billions) 600 20.0 12,500 2,500 600 2,000 10,000 600 500 500 10,000 2,000 8,000 400 450 15.0 1,500 400 400 7,500 1,500 6,000 300 300 10.0 1,000 300 5,000 1,000 4,000 200 200 200 150 5.0 500 2,500 500 2,000 100 100 0 0 0 0 0 0 0 0 0 04 05 06 07 08 04 05 06 07 08 04 05 06 07 08 04 05 06 07 08 04 05 06 07 08 04 05 06 07 08 04 05 06 07 08 Net Income (left scale) Total Assets (left scale) Capital expenditures Japan North America Europe Asia Other Regions ROE (right scale) Stockholders’ Equity (left scale) Depreciation Stockholders’ Equity per Common Share (right scale) WorldReginfo - bc9832be-05b4-4eaa-80a4-f78d1968d3bb 4 Annual Report 2008 Operating Data Years ended March
Load more

Recommended publications
  • Notice Regarding Change in Specified Subsidiary
    [Translation] May 17, 2018 To: Shareholders of Honda Motor Co., Ltd. From: Honda Motor Co., Ltd. 1-1, Minami-Aoyama 2-chome, Minato-ku, Tokyo, 107-8556 Takahiro Hachigo President and Representative Director Notice Regarding Change in Specified Subsidiary Honda Motor Co., Ltd. (“the Company”) hereby announces that it has decided to transfer all of its shares in Honda Automobile (China) Co., Ltd. (“CHAC”), a consolidated subsidiary of the Company, to Guangqi Honda Automobile Co., Ltd. (“GHAC”), and that it has executed a share transfer agreement with GHAC. 1. Reason for change In order to implement reorganization of its automobile business in China and improve business operational efficiency, the Company decided to transfer its shares in CHAC, which is a specified subsidiary of the Company, to GHAC. 2. Outline of specified subsidiary (1) Company name Honda Automobile (China) Co., Ltd. (CHAC) No. 363, Kai Chuang Da Dao, East Section (2) Registered office Guangzhou Economic & Technological Development District Guangzhou Guangdong People’s Republic of China Name of (3) Yasuhide Mizuno, Chairman representative Description of (4) Automobile business (production) business (5) Capital US$ 82 million (6) Date of establishment September 8, 2003 Honda Motor Co., Ltd. 55.0% Major shareholders Guangzhou Auto Group Co., Ltd. 25.0% (7) and ownership Honda Motor (China) Investment Co., Ltd. (“HMCI”) 10.0% percentage Dongfeng Motor Group Co., Ltd. 10.0% CHAC is a consolidated subsidiary of the Company in Capital which the Company has a 55.0% equity interest
    [Show full text]
  • Honda BR-V Makes Its First Appearance in India at Auto Expo 2016
    Honda BR-V makes its first appearance in India at Auto Expo 2016 Announcement of HCIL’s new brand direction “Advanced & Exciting” BR-V and Accord to be launched in India during FY 2016-17 Greater Noida, Feb 3, 2016: Honda Cars India Ltd. (HCIL), leading manufacturer of premium cars in India today unveiled its new model Honda BR-V at the Auto Expo 2016 in presence of Mr Takahiro Hachigo, President, CEO & Representative Officer, Honda Motor Co., Ltd. Honda BR-V is a new generation Crossover Utility Vehicle which features the combination of bold, sporty appearance and handling of an SUV together with great utility and spacious cabin with 7 seats for the whole family. Developed exclusively for the Asian market by Honda R&D Asia Pacific Co. Ltd, the much-awaited Honda BR-V is scheduled to be launched in India this year. The company also showcased its flagship sedan Honda Accord at the motor show. HCIL plans to further strengthen its sedan line-up in India and re-introduce the Honda Accord later this year. Honda Accord enjoys a strong legacy in premium sedan segment in India, with the earlier generations making a strong foothold in the market. The Accord on display, now in its 9th generation, boasts itself as an exhilarating, refined and advanced sedan with sporty looks, highly fuel efficient powertrain and loaded with features. Speaking on the occasion Mr. Takahiro Hachigo, President, CEO & Representative Officer, Honda Motor Co., Ltd. said, "India is the largest contributor to the Asia & Oceania region and the 4th largest contributor for Honda’s automobile sales globally making it one of the most important and fastest growing markets for us.
    [Show full text]
  • A Study of Technology Used and Comparison Between Traditional and Hf120 (Advanced Aero Engine)
    International Journal of Recent Technology and Engineering (IJRTE) ISSN: 2277-3878, Volume-4 Issue-4, September 2015 A Study of Technology Used and Comparison Between Traditional and Hf120 (Advanced Aero Engine) Vivek Kumar, Rajeshwar Prasad Singh, Vikash Kumar Abstract- Paper includes detailed study of the HF120 turbofan The two companies began talks in 2003 with the goal of engine, which is the first product from GE Honda Aero providing durable and economical engines for business Engines. This paper is to showcase state of art technology aviation. The idea was to combine the strengths of each involved in gas turbine engines and to bring out various aspects and future trends in field of propulsion technology. parent company in technology leadership, manufacturing Paper also includes development in gas turbine engine that have expertise, and performance engine tradition to provide helped to achieve great fuel efficiency and less noise, increased modern business aviation engines with the performance power, thrust and also advancements made in the field of and availability of large commercial engines. A strategic materials have contributed in a major way in gas turbine in alliance between the two companies lead to planning of accordance to the future trends that have come up in recent 50/50 project intended to develop, certify and market the years. The paper reviews the evolutionary process that has taken place over the years with reference to the different design Honda engine. The HF120, product from GE Honda Aero concepts used for aero engines. At General Electric, the official Engines, utilizes Honda's world-renowned expertise in corporate slogan is “Imagination at work.” At Honda, it’s “The manufacturing, research and development and GE's power of dreams.” Two of the world's most respected names in experience in aerospace technology, durability, and propulsion have come together to design and manufacture certification.
    [Show full text]
  • Driving Growth Towards the Future
    Head Office Jidosha Kaikan, Shiba Daimon 1-chome, Minato-ku Tokyo 105-0012 Japan Tel: +81-3-5405-6126 Fax: +81-3-5405-6136 DRIVING GROWTH http://www.jama.or.jp/ Singapore Branch North American Office 143 Cecil Street, 1050 17th Street, N.W., Suite 410 #09-03/04 GB Bldg. Washington, DC 20036-5518, USA TOWARDS THE FUTURE Singapore 069542 Tel: +1-202-296-8537 Tel: +65-6221-5057 Fax: +1-202-872-1212 Fax: +65-6221-5072 http://www.jama.org/ 2015 Beijing Representative European Office Office Avenue Louise 287 Unit 1001B, Level 10, 1050 Bruxelles, BELGIUM China World Office 2 Tel: +32-2-639-1430 No. 1 Fax: +32-2-647-5754 Jian Guo Men Wai Avenue Beijing, China 100004 Tel: +86-10-6505-0030 Fax: +86-10-6505-5856 KAWASAKI HEAVY INDUSTRIES, LTD. SUZUKI MOTOR CORPORATION DAIHATSU MOTOR CO., LTD. Kobe Head Office: Head Office: Head Office: Kobe Crystal Tower, 1-3, Higashi 300, Takatsuka-cho, Minami-ku, 1-1, Daihatsu-cho, Ikeda, Osaka 563-8651 Kawasaki-cho 1-chome Chuo-ku, Hamamatsu, Shizuoka 432-8611 Tel: +81(72)751-8811 Kobe, Hyogo 650-8680 Tel: +81(53)440-2061 Tokyo Office: Tel: +81(78)371-9530 Tokyo Branch: Shinwa Bldg, 2-10, Nihonbashi Hon-cho, Tokyo Head Office: Suzuki Bldg, Higashi-shimbashi 2F, 2-Chome, Chuo-ku, 2-2-8 Higashi-shinbashi, Tokyo 103-0023 1-14-5, Kaigan, Minato-ku, Tokyo 105-8315, Japan Minato-ku, Tokyo 105-0021 Tel: +81(3)4231-8856 Tel: +81(3)5425-2158 http://www.daihatsu.com/ Tel: +81(3)3435-2111 http://www.khi.co.jp/ http://www.globalsuzuki.com/ FUJI HEAVY INDUSTRIES LTD.
    [Show full text]
  • Vision Honda Philanthropy
    Our fundamental approach Since the company's foundation, Honda has sought to contribute to society by creating quality products and technologies while coexisting harmoniously with the communities that host its operations. In the 1960s, while the company was still in a period of early growth, Honda began to launch philanthropic initiatives designed to strengthen ties with local communities. In the 1970s, striving to strengthen its contributions to society and build a brighter future, Honda established foundations in Japan to foster broad-ranging research, education, and cultural exchange. Throughout the 6 regions of Honda's worldwide operations, Honda is working to help people realize their dreams. Honda philanthropy: Vision Honda enriches the joy with people around the world through socially responsible activities in accordance with the Honda Philosophy of respect for the individual and the Three Joys. Ultimately, it is our desire that society will want Honda to exist in every community. Honda philanthropy: Basic principles • As a company with a global viewpoint, we are dedicated to contributing to the well-being of local communities around the world through our products and technologies. • As a good corporate citizen, we will deepen our commitment to all local communities where we do business. • We will contribute to the nurturing of a society where caring and energetic individuals actively participate in socially responsible activities. Global directions Striving to create a future society in which everyone can pursue their dreams, Honda shall: • Support educating our youth for the future • Work to preserve global environments • Promote traffic safety through education and training Areas of activity Honda is involved in activities conceived to communicate to children the pleasure and wonder of having dreams and striving to make them come true.
    [Show full text]
  • ACM Update & Calendar (And Previous Issues) Are Also Available for Viewing on the ACM Website
    AAA CCCMMM UUUPPPDDDAAATTTEEE JJJaaannnuuuaaarrryyy 222999,,, 222000111000 AAA SSS --- 111 --- 000 111 222 999 111 000 Aerospace Components Manufacturers, Inc. P.O. Box 736, 1090 Elm Street Rocky Hill, CT 06067 (860) 513-3205 FAX (860) 529-5001 www.aerospacecomponents.org E-mail: [email protected] The ACM Update & Calendar (and previous issues) are also available for viewing on the ACM website. Welcome New ACM Member AGC Incorporated 106 Evansville Avenue Meriden, CT 06451 203-639-7125 www.agcincorporated.com Bruce Andrews, CEO Business Development ● The Business Development Team met on January 27th. Team Leader Bruce Fiedorowicz introduced ACM’s newest member firm, AGC Incorporated (Meriden, CT); Bruce Andrews, AGC’s CEO provided the Team with an overview of the firm. This Team meeting was dedicated to a briefing on the HondaJet Program and its HF120 turbofan engine. Honda Aero’s Edward Moore, Purchasing Coordinator and Jack Whipple, Manufacturing Engineer introduced this new business opportunity to our members. Bruce Fiedorowicz (Volvo Aero CT), ACM’s Business Development Team Leader, Highlights of Mr. Moore’s briefing on welcomed members to a meeting attended by 29 firms the HondaJet / HF120 Program: -Honda is the world’s largest manufacturer of automotive, motorcycle, marine and specialty engines. -Research on the HondaJet program, both engine and airframe, began in Japan in 1986. -The HF120 engine is a 2000lb thrust turbofan, approx 22”diam x 44”long, weighing ~300lbs. It is described as having a high thrust to weight ratio and reduced fuel burn; with a planned time between overhaul of 5,000 hours, it will be capable of staying on-wing approx 40% longer than other business jet engines.
    [Show full text]
  • Honda Insight Wikipedia in Its Third Generation, It Became a Four-Door Sedan €”Present
    Honda insight wikipedia In its third generation, it became a four-door sedan —present. It was Honda's first model with Integrated Motor Assist system and the most fuel efficient gasoline-powered car available in the U. The Insight was launched April in the UK as the lowest priced hybrid on the market and became the best selling hybrid for the month. The Insight ranked as the top-selling vehicle in Japan for the month of April , a first for a hybrid model. In the following month, December , Insight became the first hybrid available in North America, followed seven months later by the Toyota Prius. The Insight featured optimized aerodynamics and a lightweight aluminum structure to maximize fuel efficiency and minimize emissions. As of , the first generation Insight still ranks as the most fuel-efficient United States Environmental Protection Agency EPA certified gasoline-fueled vehicle, with a highway rating of 61 miles per US gallon 3. The first-generation Insight was manufactured as a two-seater, launching in a single trim level with a manual transmission and optional air conditioning. In the second year of production two trim levels were available: manual transmission with air conditioning , and continuously variable transmission CVT with air conditioning. The only major change during its life span was the introduction of a trunk-mounted, front-controlled, multiple-disc CD changer. In addition to its hybrid drive system, the Insight was small, light and streamlined — with a drag-coefficient of 0. At the time of production, it was the most aerodynamic production car to be built.
    [Show full text]
  • 235904547.Pdf
    Honda Motor Co., Ltd. (本田技研工業株式会社 Honda Giken Kōgyō KK?, IPA: [hoɴda] ( listen); /ˈhɒndə/) is a Japanese publicmultinational corporation primarily known as a manufacturer of automobiles, motorcycles and power equipment. Honda has been the world's largest motorcycle manufacturer since 1959,[3][4] as well as the world's largest manufacturer of internal combustion engines measured by volume, producing more than 14 million internal combustion engines each year.[5] Honda became the second-largest Japanese automobile manufacturer in 2001.[6][7] Honda was the eighth largest automobile manufacturer in the world behind General Motors, Volkswagen Group, Toyota, Hyundai Motor Group, Ford, Nissan, and PSA in 2011.[8] Honda was the first Japanese automobile manufacturer to release a dedicated luxury brand, Acura, in 1986. Aside from their core automobile and motorcycle businesses, Honda also manufactures garden equipment, marine engines, personal watercraft and power generators, amongst others. Since 1986, Honda has been involved with artificial intelligence/robotics research and released theirASIMO robot in 2000. They have also ventured into aerospace with the establishment of GE Honda Aero Engines in 2004 and theHonda HA-420 HondaJet, which began production in 2012. Honda has three joint-ventures in China (Honda China, Dongfeng Honda, and Guangqi Honda). In 2013, Honda invested about 5.7% (US$ 6.8 billion) of its revenues in research and development.[9] Also in 2013, Honda became the first Japanese automaker to be a net exporter from the United
    [Show full text]
  • Mazda Sustainability Report 2018
    CONTENTS 2 Editorial Policy Highlights of the Mazda Sustainability Report 2018 3 Corporate Vision Top Message: 4 Top Message ■ Akira Marumoto, Representative Director, President and CEO of Mazda, Inspiring People through Cars Sustainable with the discusses his views on CSR and the progress of initiatives to improve Mazda’s Earth and Society brand value. ■ Details specific measures that will help achieve Mazda’s new long-term 8 Feature Story vision for technology development “Sustainable Zoom-Zoom 2030.” Mazda's “Direction of Future Frameworks” and Technologies that Enhance the Value of the Automobile Special Feature: —A compass bearing on sustainable growth and a technology ■ An interview with Kiyoshi Fujiwara, Mazda’s Representative Director and strategy for making car ownership a joyful and life-enriching Executive Vice President, regarding the “Direction of Future Frameworks,” experience— which sets a compass bearing for fundamental initiatives aimed at 14 FY March 2018 Highlights / Financial Information sustainable growth, and Mazda’s “Electrification and Connectivity Strategies” for cars that invigorate the mind and body. 15 Major Product Lineup / Top 10 Markets in Global Sales for FY March 2018 Editorial Policy 16 Corporate Profile / Global Network 17 Mazda CSR ■ This report presents Mazda’s CSR initiatives in the six areas—Customer Satisfaction, Quality, Safety, Environment, Respect for People, and Social 18 CSR Management Contributions—primarily regarding the targets and results of these 27 Stakeholder Engagement initiatives. ■ Aiming to satisfy the needs of readers, Mazda studied the editorial policy 29 Customer Satisfaction and content of this report in reference to the third party opinion and 30 Providing the Mazda Brand Experience to Customers stakeholders’ ideas and views obtained through the questionnaire survey and engagements with stakeholders.
    [Show full text]
  • Honda-Civic-Sedan-2014-Au
    JAZZ CR-Z CITY CIVIC HATCH CIVIC SEDAN ACCORD EURO ACCORD CR-V ODYSSEY Honda Australia Pty. Ltd. ACN 004 759 611 ABN 66 004 759 611 95 Sharps Road, Tullamarine, Victoria, 3043. Freecall 1800 804 954 honda.com.au/cars facebook.com/HondaAustraliaCars twitter.com/Honda_Australia youtube.com/HondaAustralia pinterest.com/HondaCars instagram.com/Honda_Australia The specifications and major features listed herein are accurate as at the date of printing (July 2014/14YM). However, Honda Australia Pty. Ltd. reserves the right to change or modify specifications and major features at any time without prior notice. Due to ordering, shipping and freight factors, some colour, model, option and accessory availabilities may vary from time to time. Check with your Honda Dealer for current information. Only Genuine Honda Accessories are made to fit Honda vehicles. The fuel consumption figures quoted in this brochure are based on ADR81/02 test results. You may experience different results depending on driving conditions and the condition of the vehicle. Honda warranties apply where due care is exercised by the owner and the vehicle is maintained in accordance with the vehicle’s owner’s manual. Please refer to Honda’s warranty documentation for exclusions and conditions. Honda Australia Pty. Ltd. recommends careful examination of all official Honda warranty documentation before purchasing. This brochure is printed on HannoArt, a paper that is certified carbon neutral by the Carbon Reduction Institute (CRI) from seedling to printer. Made with Totally Chlorine Free (TCF) pulp which has been sourced from managed plantation forests. HannoArt is manufactured under the world’s best practice ISO 14001 Environmental Management System.
    [Show full text]
  • Global Partnerships-Nov2011-WEB.Qxp
    Guide to global automaker partnerships BMW AG Owned by: Joint venture: Technical/parts alliances: •Other shareholders - 53.3% •BMW Brilliance Automotive Co., China •PSA/Peugeot-Citroen - gasoline engines, Full ownership: •Quandt family - 46.7% Contract assembly: hybrid systems - France, Netherlands & UK •Mini •SGL Carbon - carbon fiber parts - Germany & U.S. •Magna Steyr, Austria •Rolls-Royce Motor Cars Ltd. •Daimler AG - joint purchasing of parts - Germany •Avtotor, Russia •Saab - gasoline engines - Germany & •BAMC, Egypt Sweden •PT Gaya Motor, Indonesia CHRYSLER GROUP Owned by: Joint venture: Technical/parts alliances: •Fiat North America LLC - 55.349% •Arab American Vehicles Co., Egypt •Fiat - vehicles, engines, transmissions & other components - North America, •UAW Retiree Medical Benefits Contract assembly: Trust - 44.651% Europe, Brazil & China •Fiat North America, Europe •ZF Friedrichshafen - transmissions, •Hyundai Motors, South Korea & India torque converters, axles - U.S.A., •Soueast Motor, China Germany and Mexico DAIMLER AG Owns: Joint venture: Technical/parts alliances: •Mitsubishi Fuso - 89% •Beijing Benz Automotive Co. (BBAC), China •Renault-Nissan - selected projects - Full ownership: •Renault - 3.1%; Nissan - 3.1% •Fujian Daimler Automotive (FJDA), China France & Japan •Mercedes-Benz Cars •Kamaz - 11% •BMW AG - joint purchasing of parts - Germany •EADS - 15% •Beijing Foton Daimler Automotive Co. •Daimler Trucks •Tognum - 49% (Engine Holding 50%) (BFDA), China •AFCC - fuel cell technology - Canada •Mercedes-Benz Vans •Tesla Motors - 7.8% •Fuso Kamaz Trucks, Russia •Deutsche Accumotive GmbH - lithium ion •Daimler Buses batteries - Germany Owned by: •Mercedes-Benz Trucks Vostok, Russia •Daimler Financial Services •EM-motive GmbH - electric motors - Germany •EvoBus •Aabar Investments - 9% Contract assembly: •Li-Tec GmbH - lithium ion battery •Kuwait Investments Auth.- 6.9% •Magna Steyr, Austria cells - Germany •Renault-Nissan - 3.1% •GAZ, Russia •Other shareholders - 81% CHINA FAW GROUP Owns: Joint venture: Technical/parts alliances: CORP.
    [Show full text]
  • Honda Cars India
    Honda Cars India Honda Cars India Limited Type Subsidiary Industry Automotive Founded December 1995 Headquarters Greater Noida, Uttar Pradesh Number of Greater Noida, Uttar Pradesh locations Bhiwadi, Rajasthan Mr. Hironori Kanayama, President Key people and CEO [1] Products Automobiles Parent Honda Website hondacarindia.com Honda Cars India Ltd. (HCIL) is a subsidiary of the Honda of Japan for the production, marketing and export of passenger cars in India. Formerly known as Honda Siel Cars India Ltd, it began operations in December 1995 as a joint venture between Honda Motor Company and Usha International of Siddharth Shriram Group. In August, 2012, Honda bought out Usha International's entire 3.16 percent stake for 1.8 billion in the joint venture. The company officially changed its name to Honda Cars India Ltd. (HCIL) and became a 100% subsidiary of Honda. It operates production facilities at Greater Noida in Uttar Pradesh and at Bhiwadi in Rajasthan. The company's total investment in its production facilities in India as of 2010 was over 16.2 billion. Contents Facilities HCIL's first manufacturing unit at Greater Noida commenced operations in 1997. Setup at an initial investment of over 4.5 billion, the plant is spread over 150 acres (0.61 km2). The initial capacity of the plant was 30,000 cars per annum, which was thereafter increased to 50,000 cars on a two-shift basis. The capacity has further been enhanced to 100,000 units annually as of 2008. This expansion led to an increase in the covered area in the plant from 107,000 m² to over 130,000 m².
    [Show full text]