Top 10 Automobile Companies in the World 2016

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5. Honda

A Japanese Public Multinational Corporation – Honda Motor Co Ltd is a manufacturer of automobiles, motorcycles and power equipments, and is one of the most recognized names in the world.

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It is founded by Soichiro Honda & Takeo Fujisawa in 1948, headquartered at Minato, Tokyo, Japan. Since 1959, Honda has been the largest Motorcycles manufacturer, is the eighth largest automobiles manufacturer in the world and it operates in 3 industries – Automotive, Aviation and Telematics.

Along with their automobile and motorcycles businesses, Honda operates in manufacturing garden equipments, marine engines, personal watercrafts and power generators. Honda became the 1st Japanese automobile manufacturing company entering into luxurious brand – Acura, in 1986.

Around the globe, Honda is able to manage assembly plants. China, United States, Pakistan, Canada, England, Japan, Belgium, Brazil, México, New Zealand, Malaysia, Indonesia, India, Philippines, Thailand, Vietnam, Turkey, Taiwan, Peru and Argentina are the countries where Honda assembles their Cars and Motorcycles.

In Automobiles business, Honda Fit, Civic, Accord, Insight, CR-V, CR-Z, Legend are the products of Honda’s Global Lineup. Honda’s Lineup varies by country and have vehicles exclusive for that region.

When it comes to motorcycles business, no other company can match Honda. It produced 3M motorcycles annually, when it was at its peak. Honda is manufacturing Scooters along with motorcycles, aiming to capture most of the market.

Honda entered Formula One in 1964 season for the 1st time. In 1988, Honda entered into Formula One with their Crew. But in 2008, Honda exited Formula One forever. Honda Racing Corporation was formed in 1982. These activities are an important source for the creation of leading edge technologies used in the development of Honda motorcycles. Honda won 6 World championships in Motocross World Championship.

Honda vehicles run on compressed natural gas, flexible fuel. These vehicles are built for use of Hybrid electric as well as plug-in-electric supply.

The upcoming launches in 2017 in India are Honda HR-V, New Honda Civic, New Honda Accord & Next Generation Honda Brio.

Revenue: USD 1,22,618.51 million

Net income: USD 4,686.80 million

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