Honda Motor Co., Ltd Closed Now

Honda Motor Co., Ltd., is a leading Japanese multinational corporation renowned globally for its innovation in mobility. Founded in 1948, Honda has become a household name in automobiles, motorcycles, and power equipment. Honda’s business model emphasizes engineering excellence, fuel efficiency, product reliability, and diversified expansion into robotics, aircraft (HondaJet), and mobility services.

In fiscal year 2024, Honda generated approximately US $131 billion in consolidated revenue, placing it at approximately #40 on the Fortune Global 500 list. The company remains one of the largest automotive manufacturers worldwide by unit shipments and revenue en.wikipedia.orgfortune.com.

With around 220,000 employees globally, Honda operates manufacturing and R&D facilities across Asia, North America, Europe, and other regions. It employs a highly technical workforce focused on mobility systems, AI-enabled robotics (ASIMO), hydrogen fuel cells, and alternative-energy technologies.

Honda divides its operations into four main segments: Automobiles, Motorcycles, Financial Services, and Power Products & Aircraft. Its automobile division spans compact cars, hybrid/electric drivetrains, SUVs, and luxury vehicles under the Acura brand (in North America). Honda’s motorcycles are prominent globally—especially in Asia, with models like the Super Cub and CB series.

Strategically, Honda is accelerating its transition toward electrification: it plans to release 30 new EV models globally by 2030, increase hybrid and battery vehicle offerings, and scale hydrogen fuel cell technologies. Honda also continues investing in autonomous driving (via its Honda Sensing suite) and robotics including assistive technologies and mobility aids.

Looking ahead, Honda will focus on global EV growth, renewable and hydrogen energy ventures, global strategic alliances (including GM for EV development), and enhancing smart mobility platforms. Sustainability and carbon-neutral goals—as part of a corporate strategy to achieve net-zero emissions by 2050—remain central to its innovation roadmap.