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Honda is also postponing its $11 billion investment in Ontario EV factories due to slowing demand in North America.
Honda Motor anticipates a substantial Y450bn ($3bn) impact on its full-year profit as a result of US President Donald Trump's ...
Both nations pledged to cut their broad, ballooning tariffs after weekend talks. US tariffs dropped to 30% from 145%, while ...
President Donald Trumps’s Middle East visit has opened the door for Saudi Arabia and the UAE to push ahead with their AI ...
The world's largest contract electronics maker, Foxconn (601138.SS, 2354.TW) said on Wednesday that despite its quarterly ...
Japan's Honda Motor Co. announced its earnings outlook for fiscal year 2025, projecting a sharp 70.1-percent decline in net profit to 250 billion yen ...
Honda Motor Co. said Tuesday that its group net profit in the current fiscal year through next March is forecast to plunge 70 ...
By bno - Taipei Office Japan’s once-unshakeable auto industry is facing a dramatic reckoning as major manufacturers struggle ...
Honda's forecast is the latest signal of the difficulty car makers are having navigating tariffs alongside the rise of Chinese EV producers.
Japan's Honda Motor (7267.T) forecast a 59 per cent profit decrease in the current financial year and said it would put on ...
During the announcement of its 2024-2025 fiscal year financial results on May 13, Honda CEO Toshihiro Mibe stated that in the ...
The development won’t affect jobs at Honda’s Alliston, Ont., plant, but it comes at a turbulent for the province’s automotive ...