Honda Motor Co., Ltd. (HMC)
Pre-Market:
- Reuters
TIMELINE-Volkswagen Tennessee plant workers vote on UAW membership
The UAW has tried and failed for years to organize non-union U.S. auto factories, most of them built by Asian and European automakers in southern U.S. states where so-called right-to-work labor laws make it optional for workers to pay union dues. Volkswagen workers in Chattanooga, Tennessee, will vote this week, beginning Wednesday and ending on Friday, on whether to organize with the UAW union.
- Reuters
PRESS DIGEST-Canada - April 18
The following are the top stories from selected Canadian newspapers. - Canada's new tax credit in the federal budget is fuelling industry speculation that Canada is close to landing a massive electric-vehicle investment by Honda Motor. - The Council of Canadian Innovators, a technology industry group opposed to increase in capital-gains taxes, saying, it could discourage founders and tech workers from starting companies and deter venture funding by reducing the profits that investors can earn.
- Associated Press Finance
US probe of Hondas that can activate emergency braking for no reason moves closer to a recall
A U.S. government investigation into unexpected automatic braking involving nearly 3 million Hondas is a step closer to a recall. The National Highway Traffic Safety Administration said Wednesday it has upgraded a probe opened in February of 2022 to an engineering analysis after it received 1,294 complaints about the problem, mainly from consumers and through the company. An engineering analysis is the last step before the agency can seek a recall, although the vehicles are not being recalled at this time.
