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Distress is spreading in Japan’s auto sector, putting into question Tokyo’s approach to trade negotiations with the United ...
Honda's forecast is the latest signal of the difficulty car makers are having navigating tariffs alongside the rise of Chinese EV producers.
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AFP on MSNHonda forecasts 70pc net profit dropJapan’s Honda Motor on Tuesday forecast a 70 per cent drop in net profit for the 2025-26 financial year as US trade tariffs ...
Japanese automaker Honda Motor anticipates a substantial Y450bn ($3bn) impact on its full-year profit as a result of US ...
All three of Japan’s largest carmakers are struggling with tough market conditions in the world’s two largest economies. In ...
Forecasting a steep 59 per cent profit drop for the year, Honda is postponing its $15 billion plan to build an EV supply line in Canada for at least two years due to concerns about U.S. auto tariffs.
Japan's Honda Motor forecast a 59 per cent profit decrease in the current financial year and said it would put on hold a plan ...
During the announcement of its 2024-2025 fiscal year financial results on May 13, Honda CEO Toshihiro Mibe stated that in the ...
Ontario Premier Doug Ford says he will make sure auto companies, including Honda, follow through on their commitments to ...
The carmaker’s biggest loss in a quarter of a century has prompted drastic action, including the closure of seven plants.
The earnings announcement covers the period before Donald Trump’s global tariff blitz sent global markets into freefall.
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