Honda Motor Co Ltd ADR
HMC: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$13.00 | Kzbtc | Vsgbljjx |
Honda Targets Annual EV Production of Over 2 Million Vehicles by 2030
Business Strategy and Outlook
Honda's products and strong financial position should keep it on solid ground, but the competition is fierce and the U.S. market's increased move to light trucks, where Honda's lineup is not as complete as competitors', may be permanent. Ongoing risks include foreign-exchange volatility, a highly competitive U.S. market, and rising input costs for Honda and suppliers.