Convertible Hondas
Honda Gains Rise on Fuel-saving Cars
The Honda Motor Co. announced last Wednesday that its first-quarter gains increased by 16 percent and such have been buoyed by demand for fuel-saving product lines in the United States and a weaker yen.
Additionally, net income of the second biggest Japanese automaker increased to ¥166.1 billion, or $1.4 billion, in the three months ended June 30, as compared with its ¥143.4 billion in 2006. Honda won customers in the United States, its biggest market, from domestics General Motors Corp. and Ford Motor Co. with its Civic compact cars and CR-V SUVs.
The Tokyo-based automaker earns as much as 70 percent of its operating profit in the United States and benefited from a 5.3 percent drop in the value of Japanese currency against the dollar in the quarter, reported International Herald Tribune. Honda's world-wide sales rose 5.6 percent to 946,000 vehicles from the same period last year.
Heat is building up and it must be controlled by a Honda del sol radiator. As the competition gets even tougher, precise strategies are crucial. In June, Honda and the Toyota Motor Corp. increased production to meet rising demand from North America, Europe and Asia. Toyota raised global production 3.6 percent to 734,354 vehicles in June while Honda's global output rose four percent to 340,400 vehicles, the companies said in separate statements.
Toyota surpassed GM as the world's biggest automaker by sales in the first half of this year, bolstered by vehicle demand in the U.S. Honda increased its full-year sales and gain forecasts amid surging demand for its fuel- efficient Civic models, reported Bloomberg.
“Exports to North America have been strong,'' said Hirofumi Yokoi, an analyst at CSM Worldwide, an auto industry consulting firm. “Japanese and Korean carmakers will continue to grab market share away from Detroit.''
Toyota's overseas production rose 7.2 percent, while output in Japan increased by 0.3 percent to 368,513. The automaker's exports rose 9.6 percent to 242,101 and Honda exported 55,207 vehicles, down by 2.8 percent. Meanwhile, Honda's domestic production dived by 4.8 percent while overseas output climbed 9.2 percent, Bloomberg added.
Moreover, July domestic production is expected to decline as Japan's 12 automakers lost output of at least 120,000 vehicles after Riken Corp., Japan's biggest piston rings supplier, ceased production because of a July 16 quake in Niigata area. Carmakers will likely make up for the lost production by the end of the fiscal year, said Fujio Cho, the chairman of the Japan Automobile Manufacturers Association.
Even amid increasing raw-material costs and expenses related to new production facilities Honda’s net is bolstered. The automaker said that its brisk sales and the positive effects of the weak yen, which helps Japanese automakers by increasing the value of overseas earnings when converted into Japanese currency, led to its net profit of 166.1 billion yen or $1.38 billion in the three months ended June 30, up from 143.4 billion yen in the same period in 2006.
Honda increased its net-profit forecast for the year ending March 31 to 625 billion yen, a 5.5 percent increase from the year earlier. Honda's estimates were based on a conservative exchange rate of 115 yen to the dollar. So far this fiscal year, the dollar has remained at about 120 yen, causing the car maker to recalculate its earning, said Amy Chozick, an automotive writer.
Last week, Chief Executive Takeo Fukui said that Honda will increase its capacity world-wide to meet demand. A new U.S. car plant will open next year with an annual capacity to produce as many as 200,000 vehicles. Honda expects annual production in North America to reach 1.62 million vehicles by the fall of 2008, up from 1.4 million cars this year.
About the Author
Anthony Fontanelle is a 35-year-old automotive buff who grew up in the Windy City. He does freelance work for an automotive magazine when he is not busy customizing cars in his shop.
2005 HONDA S-2000 CONVERTIBLE MOSS BROS CHRYSLER JEEP DODGE SAN BERNARDINO
 04 09 Honda S2000 Heater A C Climate Control OEM LKQ  US $66.47
|
 R SIDE MARKER LIGHT AUTO CAR PART SAE APPROVED WARRANTY US $23.12
|
 04 09 Honda S2000 LH Driver Door Mirror Electric OEM US $70.97
|
 Volvo Dodge Mazda BMW Honda Toyota Pickup Truck VW Low Tone Horn US $44.90
|
 00 01 02 03 Mitsubishi Galant 24L Oil Dip Stick Tube US $24.95
|
 00 01 02 03 Mitsubishi Galant Gas Cap US $25.95
|
 00 01 02 03 Mitsubishi Galant Right Hood Hinge US $29.95
|
 00 01 02 03 Mitsubishi Galant Left Hood Hinge US $29.95
|
 00 01 02 03 Mitsubishi Galant 24L Hood Prop US $29.95
|
 89 90 91 Mercedes Benz 300SE Rear Volume Control US $29.95
|
 89 90 91 Mercedes Benz 300SE Foot Lamp Door Panel US $29.95
|
 89 90 91 Mercedes Benz 300SE Left Rear Window Switch US $29.95
|
 89 90 91 Mercedes Benz 300SE Inner Door Handle Bezel US $29.95
|
 89 90 91 Mercedes Benz 300SE Cigarette Lighter US $29.95
|
 04 09 Honda S2000 LH Electric Side Mirror OEM LKQ US $70.97
|
 Dowco Guardian Weatherall Plus Motorcycle Cover X Large US $91.00
|
 Dowco Guardian EZ Zip Motorcycle Cover X Large US $109.99
|
 2000 2009 Honda S 2000 Used AC Compressor US $135.00
|
 94 95 HONDA CIVIC AIR BAG CONTROL MODULE COMPUTER SRS 77960 SR3 L81 US $49.00
|
 01 02 HONDA ACCORD CORNER PARK LIGHT US $50.00
|
 NEW 1998 2002 HONDA ACCORD WINE Dash Cover mat US $14.99
|
 91 99 92 93 BMW E36 Convertible M3 Trunk Lip Spoiler KH US $15.99
|
 06 07 08 09 10 HONDA CIVIC STARTER MOTOR US $50.00
|
 Front POLYURETHANE Bumper Lip Nissan 350Z 2003 2005 Base Nismo Style US $68.99
|
 99 00 HONDA CIVIC RADIATOR FAN MOTOR FAN ASSM CONDENSER US $50.00
|
 01 02 03 HONDA CIVIC RADIATOR FAN MOTOR US $57.75
|
 96 97 98 HONDA CIVIC RIGHT PASSENGER HEADLIGHT HEAD LIGHT LAMP US $40.00
|
 03 04 05 06 07 HONDA ACCORD AC COMPRESSOR 24L 4 CYL US $99.75
|
 99 00 HONDA CIVIC RADIATOR FAN MOTOR US $60.00
|
 05 11 Ford Mustang 2D Conv Front Passenger Door Glass US $98.90
|
 05 11 Ford Mustang 2D Conv Front Driver Door Glass NEW US $98.90
|
 2949 00 04 Dodge Neon 20 Engine Front Right Lower Mount US $20.85
|
 NEW AC CONDENSER WITH DRIER FOR BMW 5 6 7 SERIES US $167.95
|
 15 SMD LED Sidemarkers Dodge Sprinter Magnum Neon US $15.29
|
 15 SMD LED Sidemarkers Honda Element Odyssey Pilot Fit US $15.29
|
 15 SMD LED Sidemarkers Audi A4 Avant RS4 S4 S5 S6 TT US $15.29
|
 15 SMD LED Sidemarkers Cadillac STS XLR Deville Seville US $15.29
|
 15 SMD LED Sidemarker Acura CL Integra Audi A3 A5 A6 Q7 US $15.29
|
 15 SMD LED Sidemarkers Honda S2000 Insight Prelude US $15.29
|
 15 SMD LED Sidemarkers Land Rover LR2 LR3 Discovery US $15.29
|
 15 SMD LED Sidemarkers Infiniti EX35 FX35 FX45 FX50 G35 US $15.29
|
 15 SMD LED Sidemarkers Infiniti QX56 QX4 Dodge Intrepid US $15.29
|
 94 95 96 97 HONDA ACCORD RIGHT PASSENGER SIDE VIEW DOOR MIRROR US $60.00
|
 94 95 96 97 HONDA ACCORD LEFT DRIVER SIDE VIEW DOOR MIRROR US $60.00
|
| Honda Parts Accessories |
|
|
People in Convertible $19.99 People in Convertible - Premium Poster |
|
|
Couple in Convertible $24.99 Couple in Convertible - Photographic Print |
|
|
Cadillac Convertible $39.99 Cadillac Convertible - Giclee Print |
|
|
SPC Camber Kits - Rear Arm with Ball Joint for Hondas dropped up to 3 inch [01 Acura CL 3.2L] $289.52 "For many Hondas and Acuras, these arms have an O.E. style ball joint integrated into a complete arm assembly and they have a full 6 degree range of rear camber change with our turnbuckle adjustment system. Rear Adjustment range: Camber -2.00 degree to +4.00 degree. Installation Time: .5 hr/side Required: 1 per wheel" |
|
|
SPC Camber Kits - Rear Arm with Ball Joint for Hondas dropped up to 3 inch [96-Up Acura RL 3.5L] $289.52 "For many Hondas and Acuras, these arms have an O.E. style ball joint integrated into a complete arm assembly and they have a full 6 degree range of rear camber change with our turnbuckle adjustment system. Rear Adjustment range: Camber -2.00 degree to +4.00 degree. Installation Time: .5 hr/side Required: 1 per wheel" |
|
|
SPC Camber Kits - Rear Arm with Ball Joint for Hondas dropped up to 3 inch [99-02 Acura TL 3.2] $289.52 "For many Hondas and Acuras, these arms have an O.E. style ball joint integrated into a complete arm assembly and they have a full 6 degree range of rear camber change with our turnbuckle adjustment system. Rear Adjustment range: Camber -2.00 degree to +4.00 degree. Installation Time: .5 hr/side Required: 1 per wheel" |
|
|
SPC Camber Kits - Rear Arm with Ball Joint for Hondas dropped up to 3 inch [98-02 Honda Accord] $289.52 "For many Hondas and Acuras, these arms have an O.E. style ball joint integrated into a complete arm assembly and they have a full 6 degree range of rear camber change with our turnbuckle adjustment system. Rear Adjustment range: Camber -2.00 degree to +4.00 degree. Installation Time: .5 hr/side Required: 1 per wheel" |
|
|
Convertible in the Country $24.99 Kurt Freundlinger Convertible in the Country - Photographic Print |
|
|
Family in Convertible $24.99 H. Armstrong Roberts Family in Convertible - Photographic Print |
|
|
Couples in Convertible $24.99 George Marks Couples in Convertible - Photographic Print |
|
|
CONVERTIBLE BUMP CASE $107.99 CONVERTIBLE BUMP CASE |
|
|
DUOSET CONVERTIBLE HDSET $68.99 DUOSET CONVERTIBLE HDSET |
|
|
INFOCASE CONVERTIBLE CASE FOR $104.99 INFOCASE CONVERTIBLE CASE FOR |
|
|
INFOCASE CONVERTIBLE CASE FOR CF-U1 $109.99 PANASONIC TOUGHMATE C1 CONVERTIBLE CASE |