Honda

Honda Motor Co., Ltd. more...

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(本田技研工業株式会社, Honda Giken Kōgyō Kabushiki-gaisha^?, Honda Technology Research Institute, Co., Ltd.) (TYO: 7267 , NYSE: HMC), or simply called Honda is a Japanese manufacturer of automobiles, trucks, motorcycles, scooters, robots, jet engines and jets. However, as the name of the company in Japanese suggests, the company is often described as an engineering or engine company rather than a car company. Honda makes ATVs, water craft, electrical generators, marine engines, lawn and garden equipment, and aeronautical and other mobile technologies. Honda's high-end line of cars are branded Acura in North America.

With more than 14 million internal combustion engines built each year, Honda is the largest engine-maker in the world. In 2004, the company began to produce diesel motors, which were both very quiet whilst not requiring particulate filters to pass pollution standards. It is arguable, however, that the foundation of Honda's success is the motorcycle division.

Honda is headquartered in Tokyo. Their shares trade on the Tokyo Stock Exchange, the New York Stock Exchange, as well as exchanges in Osaka, Nagoya, Sapporo, Kyoto, Fukuoka, London, Paris and Switzerland. American Honda Motor Co., is based in Torrance, California. Honda Canada Inc. is headquartered in the Scarborough area of Toronto, Ontario, and is building new corporate headquarters in Richmond Hill, Ontario, scheduled to relocate in 2008. Honda of Canada Manufacturing is based in Alliston, Ontario.

Company history

In September 24, 1948 the Honda Motor Co. was founded. Soichiro Honda took advantage of a gap in the Japanese market that was decimated by World War II, Japan was starved of money and fuel, but still in need of basic transport. Honda, utilizing his manufacturing facilities, attached an engine to a bicycle, creating a cheap and efficient transport.

Soichiro Honda was a gifted mechanic,who after working at Art Shokai, developed his own design for piston rings in 1938, hoping to sell them to Toyota, who rejected his first design, but after two years of work and study, further refined them and earned a contract from Toyota. He constructed a new facility to supply Toyota, but soon after, during World War II, the Honda piston manufacturing facilities were almost completely destroyed. Soichiro Honda created a new company with what he had left, giving it the name "Honda Giken Kōgyō Kabushiki Kaisha" which translates to "Honda Research Institute Co. Ltd." Despite its grandiose name, the first facility bearing that name was a simple wooden shack where Mr. Honda and associates would fit engines to bicycles. Interestingly, the official Japanese name for Honda Motor Co. Ltd. remains the same, in honor of Soichiro Honda's efforts. in 1958 the American Honda Co. was founded.

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