Honda Motor Company, Ltd. develops, manufactures and markets motorcycles, automobiles and power products across the world. The Company’s segments include Motorcycle Business, Automobile business, Financial services business, and Power product and other businesses. Honda conducts its operations around the world, including North America, Europe and Asia. Honda markets its products through a sales network of independent local dealers. Its automobiles and power products are distributed in Japan through retail dealers.
The Company’s automobiles use gasoline engines of three, four or six cylinder, diesel engines, gasoline-electric hybrid systems and gasoline-electric plug-in hybrid systems. Honda also offers alternative fuel-powered vehicles, such as ethanol, battery electric and fuel cell vehicles. Honda’s principal automobile products include passenger cars, light trucks and mini vehicles.
Financial Services Business
Honda offers a range of financial services to its customers and dealers through finance subsidiaries in countries, including Japan, the United States, Canada, the United Kingdom, Germany, Brazil and Thailand. The services of these subsidiaries include retail lending, leasing to customers and other financial services, such as wholesale financing to dealers.
Power Product and Other Businesses
Honda manufactures a range of power products, including general-purpose engines, generators, water pumps, lawn mowers, riding mowers, grass cutters, brush cutters, tillers, and snow blowers.