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Honda Sees Full-Year Profit Down 59% as US Tariffs Bite, Postpones Canada EV Plans
TOKYO (Reuters) -Japan's Honda Motor forecast a 59% profit decrease for the current financial year on Tuesday as the impact of U.S. President Donald Trump's tariffs and a stronger yen offset gains from demand for its hybrid lineup.
Honda has reported its profit for the fiscal year through March slipped 24.5% from the previous year as its vehicle sales in ...
Honda has assured Canada that no jobs will be lost and it is committed to major electric vehicle investments in the country, ...
The Japanese automaker made its intent known at a recent analysts season in Japan where the management said it would go all ...
Honda Motor Co. is expecting a ¥450 billion ($3 billion) hit to its full-year profit as it braces for the fallout of US ...
If the Seventies were the doldrums of performance cars, the Eighties the penance, the Nineties a rebirth, then the first ...
Japanese auto giant Honda missed fourth-quarter earnings estimates as operating profit plunged 76%, with the company bracing ...
Honda is the latest automaker to warn of a massive hit to its profits as a result of President Trump's auto tariffs.
Tariffs could cost Japan's second-largest automaker up to 650 billion yen this financial year—equivalent to $4.4 billion and almost half last year’s profit. Reporting results Tuesday, Honda forecast a ...
Honda Malaysia has launched its first all-electric vehicle in the country, with the e:N1 making its official debut earlier ...
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