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American Honda

Leading maker of automobiles and motorcycles.

U.S. Headquarters:
1919 Torrance Blvd.
Torrance, CA 90501
Employees 144,000 worldwide
CEO: Takeo Fukui
Stock Symbol: HMC

Website: http://www.honda.com

Career Site

Honda is one of the world's largest engine manufacturers and a leading producer of motorcycles, automobiles and power equipment. Headquartered in Japan, American Honda has headquarters in Torrance, CA.

In 2005, Honda reached more than 21.2 million customers worldwide through its three core business lines - motorcycles, automobiles and power equipment.

Honda opened its first U.S. plant in 1979 and now directly employs more than 25,000 Americans. More than 100,000 workers are employed at authorized Honda automobile, motorcycle and power-equipment dealerships in the United States. Tens of thousands of additional Americans are employed by more than nearly 600 U.S. suppliers from which Honda purchases parts and materials.

Honda now has 12 major plants in North America, producing a range of products and components including Honda and Acura cars and light trucks; Honda motorcycles, ATVs, personal watercraft, lawn mowers; and engines and transmissions.

Honda said it will invest approximately $665 million and increase employment by more than 1,900 associates to expand North American automobile, engine and transmission production operations by 2008.

The expansion includes a new U.S. auto plant in Indiana (annual capacity of approximately 200,000 units), a new engine plant in Canada to produce 200,000 4-cylinder engines for Honda's existing auto plant in Canada, and expansion of component production at Honda's engine and transmission plants in Ohio and Georgia.

As a result of this expansion, Honda's automobile production capacity in North America will increase from 1.4 million to 1.6 million units in 2008, using domestic and globally sourced parts.

Honda purchased more than $16 billion in parts and materials from U.S. suppliers for the fiscal year ending March 2006.

Fiscal 2006 revenue for Honda worldwide was $9.9 billion yen and net income of $597.0 million yen.

History

In 1946, Soichiro Honda establishes the Honda Technical Research Institute and in 1947, produced its first product, the A-type bicycle engine for motorbikes. Honda Motor Company was born in 1948.

American Honda Motor Co. opens in Los Angeles in 1959.

In 1960, Honda begins motorcycle production at its Suzuka factory in Japan. Auto production begins in 1964 in Sayama, Japan.

The Honda Civic automobile makes its debut in 1972. In 1977, the Civic ranked first in U.S. automotive fuel-economy tests for the fourth consecutive year.

In 1979, Honda of America manufacturing opens and begins motorcycle assembly.

In 1982, Honda of America begins assembly of the Honda Accord. Honda Research of America opens in 1984.

By 1989, the Accord would become the best selling auto in the U.S.

In 1996, Honda introduces the Acura CL, developed and produced in the U.S., using parts from around the world.

In 2000, Honda broke ground on a $440 million auto plant near Lincoln, AL.

In 2002, the Honda Civic Hybrid becomes the first mainstream gas/electric hybrid to be sold in the U.S.

In 2003, Honda manufactured its 10 millionth vehicle in the U.S.

Benefits

Honda provides a comprehensive benefits program, which includes health, life, disability, paid time off and retirement plans.

Honda offers training opportunities in the areas below:
 
Company-Sponsored Training
The Associate Learning & Organizational Development Department uses a Web-based-learning management system to administer associate learning.
 
Outside Training
Other training programs offered outside the company may be approved for an associate if the training directly relates to the associate's current position.
 
Educational Assistance
Financial reimbursement is available for job-related and business-related degrees, as well as certificate, technical and vocational programs.

Updated September 17, 2006

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