Honda Motor Co., a Japanese multinational company, has been the largest producer of motorcycles in the world since 1959. This public enterprise also manufactures power equipment and automobiles as well other related technologies. It is also the largest producer of internal combustion engines making more than 14 million engines every year. Honda is today one of the main automobile manufacturers in Japan and the entire world.
In 2001, Honda was the second biggest car producer in Japan and in 2011 the 8th in the world behind GM, Volkswagen, Nissan, Toyota, PSA, Hyundai, and Ford. In 1986, Honda was also the first to sell a luxury line called Acura. Honda also produces power generators, marine engines and garden equipment. The ASIMO robot released in 2000 is a product of Honda’s research in robotics/artificial intelligence since 1986. In 2004, with the production of GE Honda Aero Engines, the company ventured the aerospace sector and in 2012 the Honda HA-420 HondaJet started production. Honda invested 6.8 million dollars in R&D in 2013. That same year, Honda got to be the first Japanese car producer to be an exporter of the US, importing 88,357 and exporting 108, 705 Acura and Honda models. Soichiro Honda was the founder of this company who was a mechanic who enjoyed tuning cars and racing them. The headquarters are located in Minato, Tokyo, Japan. The company also participates in the stock exchange. The company’s manufacturing plants are located all over the world in countries like Mexico, China, India and the United States. Honda’s biggest market share is North America with 5,980,876 vehicles sold in 2007. Honda’s line of products include the Civic, Insight, Fit, Accord, CR-Z, CR-V and the Odyssey. These cars are sold worldwide while models like the Honda Civic five-door hatchback is only sold in Europe. The Civic hybrid is an electric car that competes with the Toyota Prius. The Motor Trend magazine gave the redesigned Civic the Car of the Year Award in 2006 for its rare double win of Motor Trend honors. Honda has some of the best fuel-efficient cars on the market as well.
As you can see, Honda Motor Co. is one of the largest and best car manufacturers in the world. This company excels in many ways and is a trendsetter. Honda has the most fuel efficient cars with some of the nicest designs, which helps it compete for market share all around the world. Buying a Honda is a good investment for your money. Honda will probably become one of the most popular car companies in the coming years.