"[34], In March 2022, Honda announced it would develop and build electric vehicles in a joint venture with Sony. This period saw Honda dominate Grand Prix racing,[75] as between 1986 and 1991 they won five consecutive Drivers' Championships with Nelson Piquet, Ayrton Senna and Alain Prost, and six Constructors' titles with Williams and McLaren. 2004 Aprilia 1973 MV Agusta Toshihiro Mibe, age 60, is a Japanese national. 1993 Honda A force to reckon with in the tech space, Thomas Kurian amassed a net worth of Rs 10,600 crore in 2019. [13][14]:1619, Tkai Seiki was placed under the control of the Ministry of Commerce and Industry (called the Ministry of Munitions after 1943) at the start of World War II, and Soichiro Honda was demoted from president to senior managing director after Toyota took a 40% stake in the company. The Automobile segment manufactures and sells automobiles and related accessories. The campaign was hugely successful; the ads ran for three years, and by the end of 1963 alone, Honda had sold 90,000 motorcycles. Honda Net Worth 2010-2022 | HMC | MacroTrends Started as a bag boy at age 8. On 29 May 2008, Honda, in partnership with Channel 4, broadcast a live advertisement. 1998 Honda It operates through the following segments: Automobile, Motorcycle, Financial Services, and Power Product and Other Businesses. The company was founded by Honda Motor Co., Ltd. engages in the manufacture and sale of automobiles, motorcycles, and power products. A styling tradition was established when Honda Primo and Clio began operations in that all Verno products had the rear license plate installed in the rear bumper, while Primo and Clio products had the rear license plate installed on the trunk lid or rear door for minivans. This approach was implemented due to efforts in place by rival Japanese automakers Toyota and Nissan. As of March 2006, the three sales chains were discontinued, with the establishment of Honda Cars dealerships. 1987 Garelli The Motorcycle segment handles all-terrain vehicles, motorcycle business, and related parts. 1963 MV Agusta His net worth As per reports, C P Gurnani's net worth is around USD 5 million (as of 2022). In 2013, Honda invested about 5.7% (US$6.8 billion) of its revenues into research and development. Honda Racing Corporation (HRC) was formed in 1982. It showed skydivers jumping from an airplane over Spain and forming the letters H, O, N, D, and A in mid-air. He stepped down as co-CEO in January 2023. Honda Motors stock at its current price of $29 has a potential upside of 30% as per Trefis Hondas valuation.