Automobiles are vehicles that run on petroleum and diesel fuels. There are many types of automobiles, including cars, minivans, SUVs, and light trucks.
Motorcycles are self-propelled, two-wheeled vehicles. They can be powered by an internal combustion engine or a gasoline or diesel generator. Compared to automobiles, motorcycles can be smaller and have a lower center of gravity. The tires on a motorcycle are also smaller. These features improve a motorcycle’s cornering ability.
Automobiles are the most common form of transportation in society. Their main uses are for passenger transport and goods delivery. Many people confuse automobiles and motorcycles, which are two different categories.
In the United States, an automobile is a four-wheeled vehicle that seats a driver and up to a few passengers. A motorcycle is a three-wheeled vehicle that is self-propelled and does not have a driver.
Honda is a major manufacturer of motorcycles and scooters, and has a strong presence in Asia. It has also gained a notable foothold in Africa and Latin America. However, the company is facing a challenge to gain market share in the developing ASEAN markets, which have been largely untapped by American companies.
Toshihiro Mibe, former president of Honda R&D, will become Honda’s next CEO in April of 2021. He plans to reinvest in the company’s R&D and develop new technologies for Honda. One of his priorities will be to address the company’s carbon footprint.
Another priority will be improving Honda’s sales mix with its LMCs and MCs. Honda has a good foothold in Brazil and India, and may seek to expand into neighboring markets. This could potentially follow a similar expansion into Colombia, Argentina, or other developing countries.