Honda
Motor Company, Ltd Honda Giken Kogyo KK?, IPA: is a Japanese public
multinational corporation primarily known as a manufacturer of automobiles and
motorcycles.
Honda
has been the world's largest motorcycle manufacturer since 1959, as well as the
world's largest manufacturer of internal combustion engines measured by volume,
producing more than 14 million internal combustion engines each year. Honda
surpassed Nissan in 2001 to become the second-largest Japanese automobile
manufacturer. As of August 2008, Honda surpassed Chrysler as the fourth largest
automobile manufacturer in the United
States . Honda was the seventh largest
automobile manufacturer in the world behind Toyota, General Motors, Volkswagen
AG, Hyundai Motor Group, Ford, and Nissan in 2010.[citation needed]
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Honda
was the first Japanese automobile manufacturer to release a dedicated luxury
brand, Acura, in 1986. Aside from their core automobile and motorcycle
businesses, Honda also manufactures garden equipment, marine engines, personal
watercraft and power generators, amongst others. Since 1986, Honda has been
involved with artificial intelligence/robotics research and released their
ASIMO robot in 2000. They have also ventured into aerospace with the
establishment of GE Honda Aero Engines in 2004 and the Honda HA-420 HondaJet,
scheduled to be released in 2012. Honda invests about 5% of its revenues in
research and development.
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