Honda Motor Company, Ltd. (Japanese: 本田技研工業株式会社, Hepburn: Honda Giken Kōgyō KK, IPA: [honda] (listen); ; commonly simply known as Honda) is a Japanese public multinational conglomerate manufacturer of automobiles, motorcycles, and power equipment, headquartered in Minato, Tokyo, Japan.
Honda has been the world's largest motorcycle manufacturer since 1959, reaching a production of 400 million by the end of 2019, as well as the world's largest manufacturer of internal combustion engines measured by volume, producing more than 14 million internal combustion engines each year. Honda became the second-largest Japanese automobile manufacturer in 2001. Honda was the eighth largest automobile manufacturer in the world in 2015.Honda was the first Japanese automobile manufacturer to release a dedicated luxury brand, Acura, in 1986. Aside from their core automobile and motorcycle businesses, Honda also manufactures garden equipment, marine engines, personal watercraft and power generators, and other products. Since 1986, Honda has been involved with artificial intelligence/robotics research and released their ASIMO robot in 2000. They have also ventured into aerospace with the establishment of GE Honda Aero Engines in 2004 and the Honda HA-420 HondaJet, which began production in 2012. Honda has two joint-ventures in China: Dongfeng Honda and Guangqi Honda.
In 2013, Honda invested about 5.7% (US$6.8 billion) of its revenues in research and development. Also in 2013, Honda became the first Japanese automaker to be a net exporter from the United States, exporting 108,705 Honda and Acura models, while importing only 88,357.
1948Sep, 24
The Honda Motor Company is founded.
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Events on 1948
- 3Apr
Marshall Plan
United States President Harry S. Truman signs the Marshall Plan, authorizing $5 billion in aid for 16 countries. - 14May
1948 Arab-Israeli War
Israel is declared to be an independent state and a provisional government is established. Immediately after the declaration, Israel is attacked by the neighboring Arab states, triggering the 1948 Arab-Israeli War. - 15May
1948 Arab-Israeli War
Following the expiration of The British Mandate for Palestine, the Kingdom of Egypt, Transjordan, Lebanon, Syria, Iraq and Saudi Arabia invade Israel thus starting the 1948 Arab-Israeli War. - 16Jul
1948 Arab-Israeli War
Following token resistance, the city of Nazareth, revered by Christians as the hometown of Jesus, capitulates to Israeli troops during Operation Dekel in the 1948 Arab-Israeli War. - 3Aug
Alger Hiss
Whittaker Chambers accuses Alger Hiss of being a communist and a spy for the Soviet Union.