Wednesday, February 10, 2010

Honda is still recalling autos regarding their airbags? What is going on? Oh, wait. The government is finally doing its job. Is that it?

Since the budget was passed.

You know, the budget that put everyone in government at the federal level BACK TO WORK.

That budget.


The people of the USA are actually getting something worthwhile from their federal government again. Something more than Six Flags Over Lincoln. Something a little less tangible, but, REAL just the same.

Well.

I'll be darn.

The lesson in regard to the stock fluctuations is that when a company steps forward to achieve an understanding that consumers are important to them rather than a commodity to manipulate their 'brand' is not necessarily effected.

No one ever doubted Toyota had a good product, but, to realize that perhaps they were willing to accept 'deaths of consumers' as if a battle in a war was a little more then most folks were willing to accept.

I imagine Honda's stocks will rise again as well. It is a matter of reassurance and consumer confidence. The folks that 'play the markets' run away from any reality that has a dusting of uncertainty. They are the 'opportunistic' investors. I suppose it is a 'wave' of fluctuation brought on by all those 'trading tools' these online brokerages play around with. So much for the 'long term' investor.

How does any government find reassurance in their economy with all these 'flash in the pan' Wall Street investor types? There is no confidence in the market place anymore. It is simply 'skim' what one can. The entire 'market system' of 'investing' is a hideous commodity for any government to place its 'tax base' on.

Completely hideous.

Local economies. It is the only way any government has reassurance for an economy that supplies a strong tax base and stable employment venue for citizens.

Multi-national companies? I just don't see it. Never did. That is what occurred at the end of 2008. Too big to fail means too big to contribute effectly to any country's national security. A component to any nation's security is a stable and consistent tax base.

President Obama could not be more correct. Stable and sustainable jobs is what builds a nation's stability.





Honda announces 437,000 more recalls (click title to entry - thank you)

Wednesday, February 10, 2010

(02-10) 04:00 PST Tokyo - --

Honda Motor Co. has added 437,000 cars - including 378,000 in the United States and Canada - to its latest round of global recalls over faulty airbags.

The latest disclosure in a series of announcements came today in Tokyo, when the company said it is recalling 17,000 more cars in Japan and elsewhere.

Japan's No. 2 automaker said it is recalling 4,000 cars in Japan, affecting three models.

Honda originally announced the recall to the U.S. National Highway Traffic Safety Administration in November 2008, and since then it has grown to 952,118.

This article appeared on page A - 6 of the San Francisco Chronicle


Honda Motorcycle India mulls capacity expansion (click here)

MUMBAI, Feb 10 (Reuters) - Honda Motorcycle & Scooter India Pvt Ltd, a wholly-owned unit of Japan's Honda Motor Corp (7267.T) is looking to expand capacity in the country, its India head said on Wednesday.

Cyclical Consumer Goods

"We will reach 100 percent utilisation next year... we are doing an internal study on a second plant," Shinji Aoyama told reporters.

The company currently has a capacity to make 1.5 million units of scooters and motorcylcles in India.

(Reporting by Janaki Krishnan)


Nikkei drifts up 1 percent;Toyota up but Honda falls (click here)

By Elaine Lies

TOKYO, Feb 10 (Reuters) - Japan's Nikkei stock average rose 1 percent on Wednesday after reports of an aid plan for heavily indebted Greece eased worries about global economic stability, while a weaker yen buoyed exporters such as Canon Inc (7751.T).

Toyota Motor Corp (7203.T) edged up, with some market players saying its share price may have bottomed and despite a new recall of Camry sedans for steering problems.

Honda Motor Co (7267.T) slipped after saying on Wednesday it would recall 437,763 vehicles globally for defective airbags. [ID:nTFA006595]

A senior German ruling coalition source said euro zone governments have decided in principle to help Greece, calming investors after risk aversion increased in the past two weeks on concern about the fiscal stability of Greece, Portugal and Spain. [ID:nSGE61801C]...