Tuesday, 15 December 2020 09:24

Honda Motor shows 80% growth in influencer conversations on Twitter over last six months, reveals GlobalData

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Honda Motor Co., Inc (Honda Motor) witnessed an 80% jump in influencer conversations on Twitter during June-November 2020 over the previous six months, according to GlobalData, a leading data and analytics company.

Smitarani Tripathy, Influencer Analyst at GlobalData, comments: “In October, a dramatic conversation spike among influencers around Honda Motor was noticed when the company announced to exit the Formula One World Championship at the end of the 2021 season. The move forms part of the company’s aim to reach its carbon neutral goal by 2050 with focus on developing technologies for fuel cell vehicles and electric vehicles.

“Another major spike for Honda was noticed in June, when the company’s internal server was hit by cyberattack, which brought production, sales and development across its global plants to halt.”

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General Motors Company (GM) has emerged as the most mentioned automotive company among influencer discussions on Twitter compared to its peers Ford Motor Company (Ford Motor) and Honda Motor during the period.

An analysis of GlobalData’s influencer platforms revealed that, in terms of percentage growth during June-November 2020 over the previous six months, GM recorded 50% growth in influencer conversations while Ford saw 40% growth only.

A major spike of discussions around GM on influencer platform was noticed in September, when the company agreed to acquire 11% ownership stake in electric vehicle startup Nikola Corporation (Nikola) and build Nikola’s Badger hydrogen fuel cell and electric pickup truck. Another spike was seen in October, when GM announced to invest US$2bn in its Tenenesse plant for electric vehicle production. However, the deal was called off in November.

Likewise, there was a sharp rise in influencer conversations around Ford Motor in October, led by the company’s E-Transit, an all-electric version of delivery van, planned to be launched in November 2020 as  part of the company’s push for electrification.    

  • Quotes are provided by Smitarani Tripathy, Influencer Analyst at GlobalData
  • Information is based on GlobalData’s Honda Motor Co., Inc, Ford Motor Company and General Motors Company Influencer Platforms, which track most relevant activity of the industry influencers on Twitter
  • This press release was written using data and information sourced from proprietary databases, primary and secondary research, and in-house analysis conducted by GlobalData’s team of industry experts

About GlobalData’s Influencer Platform 

The Influencer Platform is a part of GlobalData’s Disruptor Database that decodes emerging tech-enabled opportunities with must-have information on promising start-ups, technology led innovations, latest sector trends, consumer insights, and venture capital portfolio investments. It helps monitor competitor strategies, predict emerging trends, monetize disruptive innovation, decode smart money, mine thought leadership, and capture digital consumers.

About GlobalData

4,000 of the world’s largest companies, including over 70% of FTSE 100 and 60% of Fortune 100 companies, make timelier and better business decisions thanks to GlobalData’s unique data, expert analysis, and innovative solutions, all in one platform. GlobalData’s mission is to help our clients decode the future to be more successful and innovative across a range of industries, including the healthcare, consumer, retail, financial, technology and professional services sectors.

Read 586 times Last modified on Friday, 12 March 2021 13:28