WASHINGTON—Honda Motor is recalling 1.3 million vehicles worldwide due to a potential issue with the rearview camera image, the U.S. National Highway Traffic Safety Administration (NHTSA) said on Friday. The recall covers some 2018–2023 Odyssey, 2019–2022 Pilot, and 2019–2023 Passport vehicles. Due to a faulty communication coaxial cable connector, the rearview camera image may not…
Honda and LG Announce Plan to Invest $4.4 Billion in US Electric Vehicle Battery Plant
Japanese automaker Honda Motor Co. Ltd. and South Korean battery producer LG Energy Solution announced on Aug. 29 that the companies will invest in a new lithium-ion battery plant for electric vehicles (EVs) in the United States. The two East Asian companies are expected to shortly sign a joint venture agreement before proceeding with the…
Honda and LG Announce Plan to Invest $4.4 Billion in U.S. Electric Vehicle Battery Plant
Japanese automaker Honda Motor Co. Ltd. and South Korean battery producer LG Energy Solution announced on Aug. 29 that the companies will invest in a new lithium-ion battery plant for electric vehicles (EVs) in the United States. The two East Asian companies are expected to shortly sign a joint venture agreement before proceeding with the…
Honda Raises Annual Profit Forecast After Beating Quarterly View
TOKYO—Japan’s Honda Motor Co. raised the outlook for its full-year operating profit on Wednesday thanks to weaker yen, but warned against over-optimism as it saw the chips shortage continuing and was concerned about an economic slowdown. The mixed view from Honda reflected sentiment held widely among Japanese carmakers that although demand is strong and recovery…
Toyota, Honda Oppose US House Electric Vehicle Tax Plan
WASHINGTON—Toyota Motor Corp and Honda Motor Co on Saturday sharply criticized a proposal by Democrats in the U.S. House of Representatives to give union-made electric vehicles in the United States an additional $4,500 tax incentive. Toyota said in a statement that the plan unveiled late Friday discriminates “against American autoworkers based on their choice not…
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