Honda (HMC, $30.46 ) Will Invest $2 Billion in General Motors (GM, $33.30) Self-Driving Cars
Honda is investing $2 billion over 12 years in General Motors's self-driving cars.
Honda and GM's autonomous vehicle subsidiary Cruise have been collaborating in the development of self-driving versions of GM's Chevrolet Bolt EV electric car, which are expected to be available for public use next year. But what could potentially put the two companies in the fast lane is their latest partnership where they plan to build an apparently one-of-a-kind vehicle that might not require human controls at all.
Additionally, Honda has bought a $750 million equity stake in Cruise, which also received $2.25 billion funding from Japanese investment bank Softbank.
Earlier there were rumors of Honda in talks with Waymo, the self-driving unit of Google parent company Alphabet, to build a self-driving delivery car. But the official announcement of the Honda-GM collaborations might be causing rivals in the self-driving space to sit up and take notice.
Contributor
Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.
HMC in -2.74% downward trend, sliding for three consecutive days on September 30, 2026
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where HMC declined for three days, in 147 of 287 cases, the price declined further within the following month. The odds of a continued downward trend are 51%.
Technical Analysis (Indicators)
Bearish Trend Analysis
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 40 of 72 cases where HMC's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 56%.
The Momentum Indicator moved above the 0 level on October 08, 2026. You may want to consider a long position or call options on HMC as a result. In 59 of 93 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 63%.
HMC moved above its 50-day moving average on October 08, 2026 date and that indicates a change from a downward trend to an upward trend.
Following a +1.47% 3-day Advance, the price is estimated to grow further. Considering data from situations where HMC advanced for three days, in 165 of 306 cases, the price rose further within the following month. The odds of a continued upward trend are 54%.
HMC may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Fundamental Analysis (Ratings)
The Tickeron PE Growth Rating for this company is 12 (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Price Growth Rating for this company is 43 (best 1 - 100 worst), indicating steady price growth. HMC’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is 48 (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of 75 (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.537) is normal, around the industry mean (8.703). P/E Ratio (10.238) is within average values for comparable stocks, (493.775). Projected Growth (PEG Ratio) (3.454) is also within normal values, averaging (2.450). Dividend Yield (0.041) settles around the average of (0.017) among similar stocks. P/S Ratio (0.299) is also within normal values, averaging (2.589).
The Tickeron Profit vs. Risk Rating rating for this company is 77 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. HMC’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 92, placing this stock better than average.
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General Information
Manufactures automobiles and related components, engages in lawnmowers and generator production
Industry MotorVehicles
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