What Does Honda offer?
Honda Motor Co., Ltd. was incorporated in September 1948 as Honda Giken Kogyo Kabushiki Kaisha. It was formed as a successor to the unincorporated enterprise established in 1946 by the late Soichiro Honda to manufacture motors for motorized bicycles.The company develops, manufactures and markets motorcycles, automobiles and power products globally
What Are The Alternatives?
Major competitors are companies like Daimler AG, Volkswagen, Ford, Toyota Motors, Tata Motors, and General Motors.
What Is The Basis of Competition?
The principal factors that determine consumer vehicle preferences include overall vehicle design, price, quality, available options, safety, reliability, fuel economy, and functionality. Market leadership in individual countries in which they compete varies widely.
Has 4 Operating Segments:
Motorcycle Business: The principal products for the business would be: Motorcycles, all terrain vehicles (ATVs), side by sides (S×S) and relevant parts. The functions can be categorized as Research and development, Manufacturing and Sales and related services.
Automobile Business: The principal products for the business would be all kind of cars, vans and relevant parts. The functions can be categorized as Research and development, Manufacturing and Sales and related services.
Financial Services: The segment provides financial services for purchasing or leasing vehicles of the company.
Life Creation and Other Business: The principal products for the business would be power products, its relevant parts and others. The functions can be categorized as Research and development, Manufacturing and Sales and related services.