Honda Racing

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HondaFrom Wikipedia, the free encyclopedia

This article is about the multinational corporation. For other uses, seeHonda (disambiguation).

Honda Motor Company, Ltd.

Native name

Honda Giken Kogyo Kabushiki-gaisha

Type Public company

Traded as TYO:7267

NYSE:HMC

Industry Automotive

Aviation

Telematics

Founded Hamamatsu, Japan (September 24, 1948)

Founder(s) Soichiro Honda

Takeo Fujisawa

Headquarters Minato, Tokyo, Japan

Area served Worldwide

Key people Takanobu Ito(President,CEOand Representative

Director)

Products Automobiles

Motorcycles
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Scooters

Electrical generators

Water pumps

Lawn and garden equipments

Tillers

Outboard motors

Robotics

Jet aircrafts

Jet engines

Thin-film solar cells

Internavi

Revenue 7.948 trillion (2012)[1]

Operating income 231.36 billion (2012)[1]

Net income 211.48 billion (2012)[1]

Total assets 11.780 trillion (2012)[1]

Total equity 4.402 trillion (2012)[1]

Employees 179,060 (2012)[2]

Divisions Honda

Honda Motorcycles

Subsidiaries List[show]

Website world.honda.com

Honda Motor Company, Ltd. (Honda Giken KgyKK?,IPA:[honda](

listen); pron.:/hnd/) is a Japanesepublicmultinational corporationprimarily known as a manufacturer

ofautomobilesandmotorcycles.

Honda has been the world's largest motorcycle manufacturer since 1959,[3][4]

as well as the world's largest

manufacturer ofinternal combustion enginesmeasured by volume, producing more than 14 million internal
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combustion engines each year.[5]

In 2001, Honda became the second-largest Japanese automobile

manufacturer.[6][7]

Honda was the eighth largest automobile manufacturer in the world behindGeneral

Motors,Volkswagen Group,Toyota,Hyundai Motor Group,Ford,Nissan, andPSAin 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 theirASIMOrobot in 2000. They have also

ventured into aerospace with the establishment ofGE Honda Aero Enginesin 2004 and theHonda HA-420

HondaJet, scheduled to be released in 2012. Honda invests about 5% of its revenues in research and

development.[9]

Contents

[hide]

1 History

2 Corporate profile and divisions

3 Leadership

4 Products

o 4.1 Automobiles

o 4.2 Motorcycles

o 4.3 Power equipment

o 4.4 Engines

o 4.5 Robots

o 4.6 Aircraft

o 4.7 Solar cells

o 4.8 Mountain bikes

o 4.9 ATV

5 Motorsports

o 5.1 Automobile

o 5.2 Motorcycles

6 Electric and alternative fuel vehicles

o 6.1 Compressed natural gas

o 6.2 Flexible-fuel

o 6.3 Hybrid electric
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otshttp://en.wikipedia.org/wiki/Honda#Engineshttp://en.wikipedia.org/wiki/Honda#Power_equipmenthttp://en.wikipedia.org/wiki/Honda#Motorcycleshttp://en.wikipedia.org/wiki/Honda#Automobileshttp://en.wikipedia.org/wiki/Honda#Productshttp://en.wikipedia.org/wiki/Honda#Leadershiphttp://en.wikipedia.org/wiki/Honda#Corporate_profile_and_divisionshttp://en.wikipedia.org/wiki/Honda#Historyhttp://en.wikipedia.org/wiki/Hondahttp://en.wikipedia.org/wiki/Honda#cite_note-America.27s_Most_Admired_Companies:_Honda-9http://en.wikipedia.org/wiki/Honda_HA-420_HondaJethttp://en.wikipedia.org/wiki/Honda_HA-420_HondaJethttp://en.wikipedia.org/wiki/GE_Honda_Aero_Engineshttp://en.wikipedia.org/wiki/ASIMOhttp://en.wikipedia.org/wiki/Acurahttp://en.wikipedia.org/wiki/Honda#cite_note-8http://en.wikipedia.org/wiki/PSA_Peugeot_Citro%C3%ABnhttp://en.wikipedia.org/wiki/Nissan_Motorshttp://en.wikipedia.org/wiki/Ford_Motor_Companyhttp://en.wikipedia.org/wiki/Hyundai_Motor_Grouphttp://en.wikipedia.org/wiki/Toyotahttp://en.wikipedia.org/wiki/Volkswagen_Grouphttp://en.wikipedia.org/wiki/General_Motorshttp://en.wikipedia.org/wiki/General_Motorshttp://en.wikipedia.org/wiki/Honda#cite_note-6http://en.wikipedia.org/wiki/Honda#cite_note-6http://en.wikipedia.org/wiki/Honda#cite_note-Honda_of_America_Manufacturing.2C_Inc..2C_Marysville.2C_Ohio_-_Press_room-5


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o 6.4 Hydrogen fuel cell

7 Marketing

o 7.1 Japan

o

7.2 International efforts

o 7.3 Sports

8 Facilities (partial list)

9 Mainstream models

10 Sales

11 See also

12 Notes

13 References

14 External links

[edit]History

This section requiresexpansion.(April

2009)

From a young age, Honda's founder,Soichiro Honda(, Honda Sichir) (17 November 1906 5

August 1991) had an interest in automobiles. He worked as a mechanic at the Art Shokai garage, where he

tuned cars and entered them in races. In 1937, with financing from an acquaintance, Kato Shichir, Honda

foundedTkaiSeiki (Eastern Sea Precision Machine Company) to makepiston ringsworking out of the ArtShokai garage.

[10]After initial failures, Tkai Seiki won a contract to supply piston rings toToyota, but lost the

contract due to the poor quality of their products.[10]

After attending engineering school, without graduating, and

visiting factories around Japan to better understand Toyota's quality control processes, Honda was able, by

1941, to mass produce piston rings acceptable to Toyota, using an automated process that could employ even

unskilled wartime laborers.[10][11]

Tkai Seiki was placed under control of theMinistry of Commerce and Industry(called the Ministry of Munitions

after 1943) at the start of World War II, and Soichiro Honda was demoted from president to senior managing

director after Toyota took a 40% stake in the company.

[10]

Honda also aided the war effort by assisting othercompanies in automating the production of military aircraft propellers.

[10]The relationships Honda cultivated

with personnel at Toyota,Nakajima Aircraft Companyand theImperial Japanese Navywould be instrumental

in the postwar period.[10]

A USB-29bomber attack destroyed Tkai Seiki's Yamashita plant in 1944, and the

Itawa plant collapsed in the1945 Mikawa earthquake, and Soichiro Honda sold the salvageable remains of the

company to Toyota after the war for 450,000, and used the proceeds to found the Honda Technical Research
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Institute in October 1946.[10][12]

With a staff of 12 men working in a 172-square-foot (16.0 m2) shack, they built

and sold improvisedmotorized bicycles, using a supply of 500two-stroke50 ccTohatsuwar

surplusradiogenerator engines.[10][11][13]

When the engines ran out, Honda began building their own copy of the

Tohatsu engine, and supplying these to customers to attach their bicycles.[10][13]

This was theHonda Model A,

nicknamed the Bata Bata for the sound the engine made.[10]The first complete motorcycle, with the both frame

and engine made by Honda, was the 1949Model D, the first Honda to go by the name Dream.[12]

Honda Motor

Company grew in a short time to become the world's largest manufacturer of motorcycles by 1964.

The first production automobile from Honda was theT360mini pick-up truck, which went on sale in August

1963.[14]

Powered by a small 356 cc straight-4 gasoline engine, it was classified under the cheaperKei cartax

bracket.[15]

The first production car from Honda was theS500sports car, which followed the T360 into

production in October 1963. Its chain driven rear wheels points to Honda's motorcycle origins.[16]

Over the next few decades, Honda worked to expand its product line and expanded operations and exports to

numerous countries around the world. In 1986, Honda introduced the successfulAcurabrand to the American

market in an attempt to gain ground in theluxury vehiclemarket. Honda in 1991 introduced theHonda

NSXsupercar, the first all-aluminum monocoque vehicle that incorporated a mid-engine V6 with variable-valve

timing.[17]

Later, 1995 gave rise to theHonda Aircraft Companywith the goal of producing jet aircraft under

Honda's name.[18]

[edit]Corporate profile and divisions

Honda headquartersbuilding inMinato, Tokyo

Honda is headquartered inMinato, Tokyo, Japan. Their shares trade on theTokyo Stock Exchangeand

theNew York Stock Exchange, as well as exchanges in Osaka, Nagoya, Sapporo, Kyoto,Fukuoka, London,

Paris and Switzerland.
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The company has assembly plants around the globe. These plants are located in China, the United States,

Pakistan, Canada, England, Japan, Belgium, Brazil, Mxico, New Zealand, Malaysia, Indonesia, India,

Thailand, Turkey, Taiwan and Per. As of July 2010, 89 percent of Honda and Acura vehicles sold in the

United States were built in North American plants, up from 82.2 percent a year earlier. This shields profits from

the yens advance to a 15-year high against the dollar.[19]

Honda's Net Sales and Other Operating Revenue by Geographical Regions in 2007[20]

Geographic Region Total revenue (in millions of)

Japan 1,681,190

North America 5,980,876

Europe 1,236,757

Asia 1,283,154

Others 905,163

American Honda Motor Companyis based in Torrance, California.Honda Canada Inc.is headquartered

inMarkham, Ontario,[21]their manufacturing division,Honda of Canada Manufacturing, is based inAlliston,

Ontario. Honda has also created joint ventures around the world, such asHonda Siel CarsandHero Honda

Motorcyclesin India,[22]

Guangzhou HondaandDongfeng Hondain China, Boon Siew Honda in Malaysia

andHonda Atlasin Pakistan.

Following the Japanese earthquake and tsunami in March 2011 Honda announced plans to halve production at

its UK plants.[citation needed]

The decision was made to put staff at the Swindon plant on a 2 day week until the end

of May as the manufacturer struggled to source supplies from Japan. It's thought around 22,500 cars were

produced during this period.

[edit]Leadership
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Documents

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