Honda and Toyota Motors
Honda is also an innovator in fuel cells, and its FCX fuel cell car is already running the streets in Japan and Los Angeles.
Ford, having tried to introduce a hybrid-based Escape, has been delayed until 2004 by technical problems. Problems that further highlight Honda's technical prowess.
Meanwhile, Honda doesn't hesitate to get third-party help. The Honda FCX uses a Ballard Systems
Already, the markets have rewarded Toyota shareholders. The number three global automobile company's $107 billion market capitalization dwarfs the $81 billion combined market caps of GM, Daimler, and Ford.
At a relatively modest 11 times earnings, Honda is looking good -- the company and the stock. It's in great shape to use its technology and vision to the benefit of long-term shareholders.
W.D. Crotty is taking a hard look at Honda. You can reach W.D. at HawaiiFool@hawaii.com .