Honda Motor Co., Ltd. commonly known as simply Honda) is a Japanese public multinational conglomerate manufacturer of automobiles, motorcycles, and power equipment, headquartered in Minato, Tokyo, Japan.
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Honda has been the world’s largest motorcycle manufacturer since 1959, reaching a production of 400 million by the end of 2019. It is also the world’s largest manufacturer of internal combustion engines measured by volume, producing more than 14 million internal combustion engines each year. Honda became the second-largest Japanese automobile manufacturer in 2001. In 2015, Honda was the eighth largest automobile manufacturer in the world.
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, power generators, and other products. Since 1986, Honda has been involved with artificial intelligence/robotics research and released their ASIMO robot in 2000. They have also ventured into aerospace with the establishment of GE Honda Aero Engines in 2004 and the Honda HA-420 HondaJet, which began production in 2012. Honda has two joint-ventures in China: Dongfeng Honda and Guangqi Honda.
In 2013, Honda invested about 5.7% (US$6.8 billion) of its revenues into research and development. Also in 2013, Honda became the first Japanese automaker to be a net exporter from the United States, exporting 108,705 Honda and Acura models, while importing only 88,357.
Honda Motor Co., Ltd. history, company profile (overview) and history video
Honda Motor Co., Ltd. (本田技研工業株式会社) is a Japanese conglomerate corporation headquartered in Tokyo, Japan.
HISTORY
Honda Motor was founded in 1948 by the co-founders Soichiro Honda and Takeo Fujisawa. It started as a bicycle auxiliary engine manufacturer in a small factory in Hamamatsu.
In 1959, American Honda Motor Co., Inc., Honda’s first overseas subsidiary, was established in Los Angeles.
In 1962, Honda began its first overseas production in Belgium.
In 1981, Honda developed the world’s first car navigation system.
In 1982, Honda became the first Japanese manufacturer to produce vehicles in North America.
In 1986, the company began research of compact aircraft and aircraft jet engines.
In 2000, Honda announced ASIMO, the humanoid robot.
In 2002, FCX became the first vehicle to receive U.S. government certification as a fuel cell vehicle.
In 2015, HondaJet deliveries began.
In 2016, Honda announced Clarity Fuel Cell.
In 2020, the new electric vehicle “Honda e” was launched.
OPERATIONS
The company operates through the following business segments: Automobile, Acura autos Powersports (Motorcycles), Power Equipment, Engines, Marine, HondaJet, and Robotics.
Automobile
The Automobile segment covers cars, SUVs & crossovers, minivans & trucks, and electrified.
Acura
The Acura autos segment involves luxury sedans and SUVs.
Powersports
The Powersports segment provides motorcycles, ATVs, scooters, and SxS.
Power Equipment
The Power Equipment segment comprises generators, lawn & robotic mowers, pumps, tillers, trimmers, snow blowers, and others.
Engines
The Engines segment covers small engine models, manuals, parts, and resources.
Marine
The Marine segment involves outboard motors, parts, accessories, propellers, and financing.
HondaJet
The HondaJet segment covers jet aircraft and jet engines.
Robotics
The Robotics segment engages in research and development of ASIMO Humanoid Robot, as well as products dedicated to personal mobility, stride management assist (walking assist), and bodyweight support assist.
Some of the company’s most important divisions and subsidiaries are: Acura, Honda Aircraft Company, Honda Automobiles, Honda Motorcycles, Honda Airways, Honda Racing, GE Honda Aero Engines, Mobilityland, and others.
With more than 215 000 employees, Honda Motor Co. is considered one of the world’s largest motorcycle manufacturers, one of the world’s largest automobile manufacturers, and one of the world’s largest manufacturers of internal combustion engines measured by volume. According to Forbes, it is considered one of the World’s Most Valuable Brands, one of the Most Regarded Companies, and one of the Largest Public Companies in the World.
*Information from Forbes.com, Wikipedia.org, global.honda, and www.honda.com.
**Video published on YouTube by “ColdFusion“
