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Honda CEO on Honda stock

Submitted by admin on Tuesday, 14 July 2009No Comment

The sporty hybrid CR-Z, which was inspired by the CRX and unveiled at the 2007 Tokyo Motor Show, will enter the Japanese market next February.Analysts believe the Japanese company’s reputation for quality and its strong balance sheet should let it weather the current downturn and increase market share once consumers start buying big ticket items again. Government aid programs in the U.S. and Japan should also help it manage during the slump.With consumer spending weak and America’s auto industry in shambles, automakers sure don’t hold a lot of investment appeal these days.If you look under Honda’s hood, you can see why the company has a higher market value than its peers — even over top carmaker Toyota. Honda has long focused on small, fuel-efficient cars, while its Civic and Accord are consistently top sellers with high resale values, according to JD Power and Associates.

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