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Honda has reported its profit for the fiscal year through March slipped 24.5% from the previous year as its vehicle sales in China dropped ...
NET PROFIT FORECAST: Honda is expected to post a 26% drop in net profit to 175.13 billion yen, equivalent to $1.20 billion, for the three months ended March, according to a poll of analysts by LSEG.
Honda has looked at rapidly growing global EV sales and decided it would rather make itself irrelevant by reducing investment ...
Honda Canada is postponing a $15-billion electric vehicle investment project in Ontario, including a proposed EV battery ...
Honda's profit for the fiscal year through March ... but said they felt it was important to give a realistic projection, no matter how pessimistic it might be. Chief Executive Toshihiro Mibe ...
TOKYO (AP) — Honda’s profit for the fiscal year through March ... but said they felt it was important to give a realistic projection, no matter how pessimistic it might be.
Honda is the latest automaker to warn of a massive hit to its profits as a result of President Trump's auto tariffs.
Two major Japanese automakers have warned that earnings will be hit hard by U.S. tariffs, underlining the risk of an ...
The weak projections come amid rising fears that ... For the year that ended March 31, Honda's net profit dropped 24.5% to Y835.84 billion, although revenue rose 6.2%. Other Japanese carmakers ...
Honda noted that a loss of 450 billion yen ($3 billion) would result from “tariff impact and recovery efforts for tariff impact” in its updated profit projections. For the fiscal year that ...
Japanese automakers have few immediate options to offset the impact of the additional U.S. tariff on cars. Toyota Motor Corp.