What the news says
Extending the GAC Honda Automobile joint venture to 2038 directly relates to Honda's vehicle production and distribution strategy in the Chinese market. This decision reflects both companies' commitment to continuing their long-term automotive joint operations, affecting Honda's profit outlook and business activities in the region.
07/20, 09:03 AM
Honda and GAC Group have renewed their GAC Honda Automobile joint venture, extending the partnership through 2038.
Honda and GAC Group have renewed their GAC Honda Automobile joint venture, extending the partnership through 2038.
Affected assets
FirstSquawk
07/20, 09:03 AM
Related updates
wsj-business · 07/17, 02:21 AM
Market reactionHonda will cease U.S. sales of its only electric SUV, the Prologue, this year as the company pivots to hybrid vehicles.
jin10-flash · 06/19, 04:01 AM
Event soonUS battery company QuantumScape announces solid-state battery technology cooperation agreement with Honda.
finnhub-NVDA · 06/18, 10:43 PM
Event soonHonda partners with QuantumScape to advance solid-state battery technology, causing QuantumScape stock to rise.
jin10 · 07/19, 10:09 PM
High impactIran claimed its naval air defense shot down a US LUCAS drone off the southern coast, citing state media photos of a damaged drone.
finnhub-NVDA · 07/16, 08:25 PM
Event soonAn article from Finnhub urges investors to consider three top auto stocks for potential market-beating returns.
jin10 · 07/15, 10:00 PM
Market reactionChinese domestic futures closed mixed overnight, with PTA down over 2%, synthetic rubber up over 1%, and plastic and soybean meal up nearly 1%.
bloomberg-markets · 06/25, 09:49 AM
Market reactionBloomberg reports that Japan's weak yen could provide a $5.8 billion profit windfall for the country's carmakers this year.