In October 1946, Soichiro Honda established the Honda Technical Research Institute in Hamamatsu, Japan, to develop and produce small two-cycle motorbike engines. Two years later, Honda Motor Company was born. Its first U.S. storefront opened n Los Angeles in 1959. Honda ranked number 16 on the 2008 BusinessWeek list of Most Innovative Companies and now manufactures auto, engines, "powersports" vehicles, even the ASIMO robot. Honda Strategic Venturing is its strategic investment arm.
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