Latest news with #AmericanHondaMotorCo.
CBS News
17-04-2025
- Automotive
- CBS News
Honda to shift Civic Hybrid production to U.S. from Japan
Honda Motor this week said it is moving production of its Civic Hybrid hatchback from Japan to the U.S. The announcement comes amid a barrage of tariffs by the Trump administration, including a 25% levy on imports from Canada and Mexico and 25% auto tariffs . "We are currently dual-sourcing the Civic Hatchback Hybrid from our Indiana Auto Plant and Japan, but beginning later this year it will be produced only in Indiana," said Chris Abbruzzese, a spokesperson for American Honda Motor Co., confirmed with CBS MoneyWatch. The reason behind the shift in production was not disclosed. However, another spokesperson for the auto giant said it was not down to a single issue, but instead based on "the company's policy since its foundation that we produce cars where the demand is," AFP reported. Honda's hybrid hatchback is a semi-electric version of the Honda Civic, a top U.S. seller among small cars, according to the Detroit Free Press. More than two-thirds of Honda and Acura models sold in the U.S. are manufactured domestically, according to The industry trade outlet reports that the company has denied rumors of any plans to also shift production of its Honda Civic Hybrid sedan, which is manufactured in Canada, to the U.S.
Yahoo
06-02-2025
- Automotive
- Yahoo
Trends Shaping the Hedge Trimmers Market, 2025-2030: Featuring Husqvarna, Robert Bosch, Stanley Black & Decker, STIHL, The Toro Company & More
Increasing Focus on Urban Green Spaces Spurs Adoption of Hedge Trimmers Hedge Trimmers Market Dublin, Feb. 06, 2025 (GLOBE NEWSWIRE) -- The "Hedge Trimmers - Global Strategic Business Report" report has been added to global market for Hedge Trimmers was valued at US$3.5 Billion in 2024 and is projected to reach US$4.4 Billion by 2030, growing at a CAGR of 4.1% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. Report Features: Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030. In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa. Company Profiles: Coverage of major players such as American Honda Motor Co., Inc., Blount International, Inc., Echo, Inc., Emak SpA, Greenworks Tools, Inc. and more. Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments. The growth in the hedge trimmer market is driven by several factors, including technological advancements, rising interest in home gardening, and an increasing demand for sustainable landscaping solutions. One of the primary drivers is the surge in home gardening and outdoor living trends, particularly in the wake of the COVID-19 pandemic, where more homeowners are investing time and resources into creating and maintaining attractive outdoor spaces. As more people take on gardening as a hobby, the demand for user-friendly, efficient tools like hedge trimmers has risen sharply, particularly among DIY enthusiasts looking to maintain their gardens without professional advancements in battery-powered hedge trimmers have also contributed significantly to market growth. As lithium-ion batteries become more powerful and affordable, cordless hedge trimmers are offering longer run times, faster charging, and the freedom of movement that traditional corded models cannot provide. These models are appealing to both homeowners and professionals who need reliable, portable tools for large properties or intricate landscaping tasks. Furthermore, as cities and residential neighborhoods increasingly regulate noise levels and emissions, the demand for quieter, more environmentally friendly hedge trimmers has grown, pushing manufacturers to develop models that meet these growing awareness of sustainability and environmental responsibility is another key factor fueling the hedge trimmer market. With the push towards reducing carbon footprints and promoting eco-friendly gardening practices, many consumers are opting for electric and battery-powered hedge trimmers over gas-powered alternatives. These models offer the advantage of zero emissions, lower noise pollution, and reduced energy consumption, aligning with the global movement towards greener technologies. As regulations surrounding emissions and noise pollution tighten in urban areas, this shift towards more sustainable landscaping tools is expected to continue driving demand for battery-powered hedge the professional landscaping industry's expansion is further propelling the market for hedge trimmers. As commercial landscaping services grow in response to increased demand from residential, corporate, and public clients, landscapers need efficient, reliable tools to manage large-scale projects. The ability of modern hedge trimmers to handle both light trimming and more intensive tasks makes them an attractive investment for professionals looking to increase productivity and maintain high standards. Together, these factors are driving significant growth in the hedge trimmer market, making them an essential tool for both homeowners and professionals looking to maintain beautiful, sustainable ScopeThe report analyzes the Hedge Trimmers market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined (Small, Medium, Large); Type (Cordless, Corded); End-Use (Commercial, Residential).Geographic Regions/CountriesWorld; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Insights: Market Growth: Understand the significant growth trajectory of the Small Size Hedge Trimmers segment, which is expected to reach US$1.5 Billion by 2030 with a CAGR of a 4.9%. The Medium Size Hedge Trimmers segment is also set to grow at 4.1% CAGR over the analysis period. Regional Analysis: Gain insights into the U.S. market, valued at $925.8 Million in 2024, and China, forecasted to grow at an impressive 7.2% CAGR to reach $942 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific. Key Questions Answered: How is the Global Hedge Trimmers Market expected to evolve by 2030? What are the main drivers and restraints affecting the market? Which market segments will grow the most over the forecast period? How will market shares for different regions and segments change by 2030? Who are the leading players in the market, and what are their prospects? Some of the 41 major companies featured in this Hedge Trimmers market report include: American Honda Motor Co. Inc. Blount International, Inc. Echo, Inc. Emak S.p.A. Greenworks Tools, Inc. Husqvarna AB Makita Corporation MTD Products Inc. One World Technologies, Inc. (RYOBI) Robert Bosch GmbH Stanley Black & Decker, Inc. STIHL, Inc. The Toro Company Zhejiang Zomax Garden Machinery Co. Ltd. Key Attributes Report Attribute Details No. of Pages 294 Forecast Period 2024-2030 Estimated Market Value (USD) in 2024 $3.5 Billion Forecasted Market Value (USD) by 2030 $4.4 Billion Compound Annual Growth Rate 4.1% Regions Covered Global MARKET OVERVIEW Influencer Market Insights World Market Trajectories Global Economic Update Hedge Trimmers - Global Key Competitors Percentage Market Share in 2025 (E) Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2025 (E) MARKET TRENDS & DRIVERS Rising Demand for Residential Landscaping and Gardening Drives Hedge Trimmers Market Growth Increasing Focus on Urban Green Spaces Spurs Adoption of Hedge Trimmers Technological Advancements in Battery-powered and Cordless Hedge Trimmers Propel Market Expansion Growth in Professional Landscaping Services Expands Addressable Market for High-performance Hedge Trimmers Expansion of Hedge Trimmers in Commercial and Municipal Landscaping Applications Bodes Well for Market Growth Expansion of Hedge Trimmers in Agriculture and Vineyard Management Fuels Market Growth Growth in DIY (Do-It-Yourself) Home Gardening and Landscaping Boosts Adoption of Affordable Hedge Trimmers For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Hedge Trimmers Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Sign in to access your portfolio
