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Honda planning 2012 - Honda planning to revise full year profit forecasts Honda planning 2012 Honda planning 2012 Honda planning 2012 The Japanese automobile companies are in a flux this year with all the production disruption due to earthquake and also the volatile currency. Now it has been reported that Honda, Japan's third-largest carmaker, has reportedly stated that it may revise its full-year profit forecast when it announces first-half earnings in October, depending on how long the current market turmoil lasts. The reports quoted Honda Chief Financial Officer Fumihiko Ike as saying that the prolonged drop in U.S. equities will lead to a decline in consumption and delayed car purchases. He also mentioned that the company is also concerned the yen may strengthen to the low 70s against the dollar, further hurting earnings from exports. According to the reports, U.S. stocks Monday sank the most since December 2008 and European stocks Tuesday retreated fo

Honda Reduce Price 2011  Prior to debating Honda Motors price reduction announcement it’s important to analyze what has fuelled this move. A year on year comparison of sales figures for Honda Motors from March-June 2011 reveals no growth but rather a significant loss but does justify the Honda City price reduction announced in May 2011. March 2010 saw Honda Siel Motors India sell 3,576 cars, down from 5,928 sold in March 2010, recording a decline rate of 40%. April 2011 saw Honda Siel Motors India sell 2,012 cars as compared to 3578 sold in April 2010 recording a decline rate 43%. In May 2011, Honda Siel Motors India sold 2,334 cars down from 4,067 units sold in May 2010, recording a decline rate 42.61%. In June 2011, Honda Siel Motors India sold 3,455 cars as compared to 4,595 units sold in June 2010, and recorded a decline rate of 25%. In February 2011, Honda Siel Motors India reported a decline rate of 22.83%. It is easy to determine that a decline rate hovering above 40% consi