Honda Motors: Buybacks Continue, Major US Contribution In The Mix (NYSE:HMC)

News Snapshot:

Smith Collection/Gado/Archive Photos via Getty Images Honda Motors (NYSE:HMC)(OTCPK:HNDAF) is a Japanese automotive player that we've covered in the past, focused on the entire industry's favourable supply chain situation amid a weak yen environment, causing a real growth in unit margins thanks to substantial home grown production and parts sourcing and a very large USD denominated market in the US, which is also the biggest grower in the mix. Despite some recalls and related reserves, pricing action continues to catch up with higher input costs, and associated with strong growth, operating income is expected to increase further as the FY...