Bear of the Day: Honda Motor (HMC)
July 27, 2010 at 07:31 AM EDT
Honda Motor (HMC) is expanding its business in Asia, growing its global network to increase efficiency and introducing new products to satisfy local markets. However, the economic downturn in the U.S. and Europe continues to negatively affect Honda’s operations, especially the Power Products and Other business. Moreover, Honda’s global position is threatened by unfavorable currency exchange [...]