Honda Motor Co., Ltd., Japan's second-largest automobile manufacturer, is poised to announce a robust consolidated operating profit for the first quarter of its fiscal year, according to a report published by the Nikkei newspaper on Monday.

Honda quarterly operating profit to top USD 3 billion, says report

Honda Motor has set the price for its secondary share sale at 1,664.5 yen per share, representing a 3% discount from Wednesday's closing price. The total value of the share sale amounts to 497 billion yen, or approximately USD 3.

Honda Motor announces secondary share sale valued at USD 3.16 billion

In the US, supply chain issues have wreaked havoc with the auto industry. Toyota Motor Corp and Honda Motor Co Ltd announced new North American production cuts.

World Business Watch:  Honda, Toyota cut North America production

Honda motor has suspended some of its motorcycle and auto production globally as the Japanese auto giant has been hit hard by a suspected cyber attack on June 9. Reports say operations in India, Turkey, and Brazil have been impacted as some plants have been forced to stop production. Watch report.

Cyber-attack hits Honda: Internal servers targetted

honda-motor

Honda Motor, News on Honda Motor, stories on Honda Motor, articles on Honda Motor, Honda Motor stories at Wion, Honda Motor news, Honda Motor latest news

honda motor

Honda quarterly operating profit to top USD 3 billion, says report

Honda Motor announces secondary share sale valued at USD 3.16 billion

World Business Watch: Honda, Toyota cut North America production

Cyber-attack hits Honda: Internal servers targetted