Honda Motor Co Ltd ADR
HMC: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$11.00 | Dbsf | Rvptzfb |
Honda Is Using Partners and Its Own Technology to Transition to Electric and Autonomous Driving
Business Strategy and Outlook
Honda's products and strong financial position should keep it on solid ground, but the competition is fierce and the U.S. market's move to light trucks, where Honda's lineup is not as complete as competitors, may be permanent. Ongoing risks include foreign-exchange volatility, a highly competitive U.S. market, and rising steel prices.