American Honda Motor Company

Hyzon Motors, Inc. Announces First Quarter 2023 Financial and Operational Results

Retrieved on: 
Thursday, June 8, 2023

ROCHESTER, N.Y., June 8, 2023 /PRNewswire/ -- Hyzon Motors Inc. (NASDAQ: HYZN) ("Hyzon" or the "Company"), a high-power hydrogen fuel cell technology developer and global supplier of zero-emission heavy-duty fuel cell electric vehicles ("FCEVs"), announced its first quarter 2023 financial results and provided a business update.

Key Points: 
  • ROCHESTER, N.Y., June 8, 2023 /PRNewswire/ -- Hyzon Motors Inc. (NASDAQ: HYZN) ("Hyzon" or the "Company"), a high-power hydrogen fuel cell technology developer and global supplier of zero-emission heavy-duty fuel cell electric vehicles ("FCEVs"), announced its first quarter 2023 financial results and provided a business update.
  • During the first quarter of 2023, net loss was $30.3 million, EBITDA was $(29.3) million and adjusted EBITDA was $(27.3) million.
  • Reported unrestricted cash, cash equivalents, and short-term investments of $209.0 million as of March 31, 2023, and approximately $185 million as of May 31, 2023.
  • These non-GAAP financial measures have been reconciled to the nearest GAAP measure in the tables under "Non-GAAP Financial Measures" within this press release.

NEWS FLASH: 450SX Crown Fulfills Honda's '23 AMA SX Championship Sweep

Retrieved on: 
Monday, May 15, 2023

The 23-year-old set several season-best marks, including most podium finishes (13), most top-five results (16), most heat-race wins (eight) and most laps led.

Key Points: 
  • The 23-year-old set several season-best marks, including most podium finishes (13), most top-five results (16), most heat-race wins (eight) and most laps led.
  • In 2018 he transitioned to that operation's professional team, with whom he won the 250SX East Region Championship in 2019 and 2020.
  • Sexton moved up to the factory Honda squad midyear, and he was a regular podium finisher during the 2021 season.
  • In 2018 he transitioned to that operation's professional team, with whom he won the 250SX East Region Championship in 2019 and 2020.

Essency EXR Water Heater Wins Gold Edison Award for Sustainable Design in Consumer Solutions

Retrieved on: 
Friday, May 12, 2023

The company's category-busting water heater, the EXR, earned top honors as the most innovative product of the year in the Consumer Solution - Sustainable Design category.

Key Points: 
  • The company's category-busting water heater, the EXR, earned top honors as the most innovative product of the year in the Consumer Solution - Sustainable Design category.
  • The Essency EXR water heater, the first on-demand tank water heater, given Edison Gold Award for innovative excellence.
  • Designed for maximum longevity, comfort, and reliability, the Essency EXR is an electric water heater that Americans can count on to meet all their home water heating needs.
  • For more information about the Essency EXR water heater, visit the Essency website, contact the company at [email protected] or see it on the Ferguson website at https://www.ferguson.com/product/essency-55-gal-tall-45kw-2-element-resi... .

Honda and the Honda USA Foundation Award more than $2.7 Million to Advance Environmental Sustainability and Conservation Activities

Retrieved on: 
Thursday, April 27, 2023

Honda and the Honda USA Foundation award more than $2 million in grants to 67 additional organizations to support environmental education and conservation initiatives across the U.S.

Key Points: 
  • Honda and the Honda USA Foundation award more than $2 million in grants to 67 additional organizations to support environmental education and conservation initiatives across the U.S.
    TORRANCE, Calif., April 27, 2023 /PRNewswire/ -- Honda and the Honda USA Foundation today announced more than $2.7 million in funding to a variety of environmental education and conservation initiatives across the U.S.
  • The donation will provide critical support to programs that address sustainability, renewable energy, energy efficiency, ecosystem resilience, climate change and more.
  • "We are grateful for the investments Honda is making to advance sustainability and conservation in 10 key states," said Dan Salzer, director of Sustainability for The Nature Conservancy.
  • Honda and the Honda USA Foundation also have awarded more than $2 million in financial grants to 67 organizations supporting the environment and conservation initiatives.

Hagens Berman: Honda Civic Drivers Sue Automaker for “Terrifying” Sticky Steering Defect Leading to Crashes and Totaled Cars

Retrieved on: 
Tuesday, April 25, 2023

One Civic owner cited in the lawsuit experienced the defect in March 2023, when their steering wheel suddenly became unresponsive.

Key Points: 
  • One Civic owner cited in the lawsuit experienced the defect in March 2023, when their steering wheel suddenly became unresponsive.
  • The steering defect can cause drivers to overcorrect and, in some instances, lose control of the car.
  • Some NHTSA reports describe drivers fighting their own steering wheels to maintain control of the vehicle.
  • The complaint states most drivers report experiencing the defect while moving at highway speeds and at relatively low vehicle mileage.

Tarrytown Honda Honored with 2022 Honda President's Award

Retrieved on: 
Friday, April 21, 2023

TARRYTOWN, N.Y. , April 21, 2023 /PRNewswire/ -- Tarrytown Honda has earned the prestigious 2022 President's Award from American Honda Motor Co., Inc. for the second time for excellence in sales performance, service performance, and other business operations.

Key Points: 
  • TARRYTOWN, N.Y. , April 21, 2023 /PRNewswire/ -- Tarrytown Honda has earned the prestigious 2022 President's Award from American Honda Motor Co., Inc. for the second time for excellence in sales performance, service performance, and other business operations.
  • Tarrytown Honda is one of only 177 top-performing Honda dealerships in America to receive the Honda President's Award for 2022.
  • The President's Award is the highest accolade that Honda bestows on its dealerships and was established in 1995 to recognize Honda dealerships that excel across all dealership functions.
  • "This 2022 Honda President's Award is testament to the commitment of all of our employees at Tarrytown Honda to excel every day in all areas of our dealership operations."

HMC MONDAY DEADLINE: ROSEN, SKILLED INVESTOR COUNSEL, Encourages Honda Motor Co., Ltd. Investors with Losses to Secure Counsel Before Important April 3 Deadline in Securities Class Action – HMC

Retrieved on: 
Saturday, April 1, 2023

WHAT TO DO NEXT: To join the Honda class action, go to https://rosenlegal.com/submit-form/?case_id=11692 or call Phillip Kim, Esq.

Key Points: 
  • WHAT TO DO NEXT: To join the Honda class action, go to https://rosenlegal.com/submit-form/?case_id=11692 or call Phillip Kim, Esq.
  • A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
  • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

Bronstein, Gewirtz & Grossman, LLC Notifies Honda Motor Co., Ltd. (HMC) Investors of Class Action and to Actively Participate

Retrieved on: 
Friday, March 31, 2023

Such investors are encouraged to join this case by visiting the firm’s site: www.bgandg.com/hmc1 .

Key Points: 
  • Such investors are encouraged to join this case by visiting the firm’s site: www.bgandg.com/hmc1 .
  • This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws.
  • or his Law Clerk and Client Relations Manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484.
  • Bronstein, Gewirtz & Grossman, LLC represents investors in securities fraud class actions and shareholder derivative suits.

HONDA DEADLINE ALERT: Bragar Eagel & Squire, P.C. Reminds Investors that a Class Action Lawsuit Has Been Filed Against Honda Motor Co., Ltd. and Encourages Investors to Contact the Firm

Retrieved on: 
Saturday, April 1, 2023

Investors have until April 3, 2023 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

Key Points: 
  • Investors have until April 3, 2023 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
  • Honda is a multinational conglomerate manufacturer of automobiles, motorcycles and power equipment.
  • The Company’s U.S.-based operations are conducted through its North American subsidiary, American Honda Motor Company, Inc. (“American Honda”).
  • The lawsuit further alleges that American Honda was fully aware of the defect before marketing the vehicles.

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Honda Motor Co., Ltd. of Class Action Lawsuit and Upcoming Deadline – HMC

Retrieved on: 
Thursday, March 30, 2023

NEW YORK, March 29, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Honda Motor Co., Ltd. (NYSE: HMC), and certain officers.

Key Points: 
  • NEW YORK, March 29, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Honda Motor Co., Ltd. (NYSE: HMC), and certain officers.
  • To discuss this action, contact Robert S. Willoughby at [email protected] or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext.
  • The Company’s U.S.-based operations are conducted through its North American subsidiary, American Honda Motor Company, Inc. (“American Honda”).
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.