|Bid||27.77 x 1100|
|Ask||27.78 x 2600|
|Day's range||27.74 - 27.78|
|52-week range||24.03 - 32.17|
|PE ratio (TTM)||9.00|
|Dividend & yield||0.85 (3.08%)|
|1y target est||32.21|
Honda said Wednesday it had temporarily halted production at a plant in Japan after it suffered a cyberattack from the same ransomware that struck hundreds of thousands of computers worldwide last month. The Japanese automaker said it had shut its plant in Sayama, near Tokyo, on Monday after discovering its computer system was infected with the so-called WannaCry virus. The virus encrypts computer files, making them inaccessible until users pay a ransom.
Honda on Friday said annual net profit jumped 79 percent on a reduction in expenses related to a historic airbag recall by its main supplier and robust vehicle sales in the US and China. Honda said lower "quality-related expenses" contributed to its profit gain, hinting that the negative impact of a scandal at airbag supplier Takata was easing. Takata's defective airbags have been linked to at least 16 deaths in the industry's biggest-ever safety recall and Honda was its biggest customer.
If imitation is the sincerest form of flattery, then global carmakers are basking in the compliments at Shanghai's auto show, where some Chinese-made models bear striking resemblances to famous foreign brands. The annual exhibition is the biggest automotive showcase in the planet's largest car market, but also an event that revives persistent accusations of Chinese businesses copying foreign designs. The show opened this week with automotive media and internet wags highlighting a range of Chinese models with more than a passing likeness to their Porsche, Land Rover, Mercedes and other counterparts.