🟢 Honda Motor Co Ltd is trading 5% up today after reporting strong May U.S. sales growth

Honda Motor Co Ltd is trading 5% up at $27.81 today following a robust rebound in U.S. auto demand.

• American Honda’s May U.S. sales rose to 148,903 units, a 9.9% year-over-year increase, with the Honda brand alone gaining 10.5%.
• The sales momentum is improving investor sentiment as the company navigates its first annual loss in nearly seven decades and significant capital drag from EV-related investments.