Honda auto finance april’s bond market movements show

April’s bond market movements show Honda Auto Finance’s credit spreads narrowing by 18 basis points, reflecting investor preference for quality auto finance exposure amid broader sector volatility. Meanwhile, Honda Motor Co. Ltd. (NYSE: HMC ) announced it was pulling the plug on the Acura ZDX EV, developed in collaboration with GM and manufactured at the Spring Hill, Tennessee, plant owned by GM. The Japanese automaker said that the decision was made in light of slowed EV demand. Importance Notice Although the information included in this press release was accurate as of the date of publication, this information is subject to change at any time without notice. American Honda Motor Co., Inc. assumes no responsibility for updating this information. Honda Auto Finance’s balance sheet leverage ratio improved from 6.1x to 5.7x, a metric equity analysts interpret as a sign of strengthened financial position.