|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||23.91 - 23.91|
|52-week range||23.30 - 32.78|
|Beta (5Y monthly)||0.81|
|PE ratio (TTM)||9.27|
|Forward dividend & yield||0.93 (3.90%)|
|Ex-dividend date||29 Sept 2022|
|1y target est||N/A|
The latest sign that things still aren't back to normal yet comes from Honda (NYSE: HMC) recently saying that it's cutting production in Japan for some of its most popular vehicles. The reduction comes as Honda faces ongoing supply chain issues and a semiconductor shortage -- and it should serve as a warning to other automakers. According to Reuters, Honda is cutting back vehicle production by up to 40% at its Saitama plant in Japan and 20% at a factory in Suzuka.
Honda, Stellantis, Rivian, Mercedes-Benz-Group and NIO are included in this Analyst Blog.
Honda Motor Co., Ltd. will showcase its latest initiatives to realize carbon neutrality, as well as developments in next-generation driver assist technology, information-communication and control technologies, at the Intelligent Transportation Systems (ITS) World Congress 2022 in Los Angeles, California, September 18-22.