Honda 2007 Annual Report Download - page 133

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131
1989 Common stock-to-ADR exchange ratio changed from 10 shares of common stock to 1 ADR,
to 2 shares of common stock to 1 ADR.
Second automobile plant in the U.S. begins production in East Liberty, Ohio
Honda Motor Europe Ltd. (U.K.) established
1991 Honda posts its 60th Grand Prix victory in the Brazil GP
1992 Automobile production in the U.K. begins (Accord)
Automobile production begins in the Philippines
1994 Automobile production begins in Pakistan
1995 Honda introduced first gasoline-powered vehicle to meet ULEV (Ultra Low Emission Vehicle)
standards in California, the U.S.
Cumulative automobile production reaches 30 million units
1996 Motorcycle production begins in Turkey
1997 Construction of Twin Ring Motegi completed (Tochigi Prefecture)
Automobile production begins in Brazil (Civic)
Automobile production begins in Turkey (Civic)
Cumulative motorcycle production reaches 100 million units
Motorcycle production begins in Vietnam
Automobile production begins in India (City)
1998 The 50th anniversary of the founding of Honda
1999 Automobile production begins at Guangzhou Honda Automobile Co., Ltd. in China (Accord)
Fuel cell vehicle FCX-V1 and FCX-V2 announced
2000 ASIMO humanoid robot announced
2001 Motorcycle production begins at new production company in India
Second automobile plant in the U.K. begins operations
Minimum investment unit lowered to 100 shares, from 1,000
Honda Manufacturing of Alabama, LLC in the U.S. begins operations
2002 Common stock-to-ADR exchange ratio changed from 2 shares of common stock to 1 ADR, to
1 share of common stock to 2 ADRs
New automobile plant in Taiwan begins operations
Honda FCX fuel cell vehicle first to receive certification for the commercial use in the U.S.
Lease marketing started in Japan and the U.S.
2003 New automobile plant in Malaysia begins operations
New automobile plant in Indonesia begins operations
Cumulative automobile production reaches 50 million units
Honda FC STACK, a next-generation fuel cell stack capable of starting in sub-zero tempera-
tures, announced
2004 Honda Motor (China) Investment Co., Ltd. established
Honda Motor RUS LLC (Russia) established
Dongfeng Honda Automobile Co. Ltd. in China begins automobile production (CR-V)
Honda enter cooperative agreement with General Electric to jointly market our independently
developed HF118 jet engine
2005 Cumulative motorcycle production reaches 150 million units
Cumulative worldwide production of the Super Cub series reaches 50 million units
2006 Honda Philippines begins mass production at new motorcycle plant
Integrated three dealer channels into one Honda brand
Cumulative production of power products reaches 70 million units
Honda establishes subsidiary in Ukraine
Implementation of two-for-one stock split for common shares
Common stock-to-ADR exchange ratio changed from 0.5 share of common stock to one ADR,
to one share of common stock to one ADR
New automobile plant in Vietnam begins operations (Civic)
Launched the Gold Wing Airbag, the first mass-market motorcycle with an airbag system
Commercialized HondaJet operations and began accepting orders
Resolved to implement quarterly dividends
New company to conduct solar cell business established
Flexible fuel vehicle introduced in Brazil (Civic FFV, Fit FFV)
2007 New plant of powertrain components in China begins operations
Year Noteworthy Events Major Products and Technologies
Gold Wing Airbag (2006)
NSX (1990)
Odyssey (1994)
CR-V (1995)
Fit (2001)
FCX (2002)
HondaJet