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Honda's forecast is the latest signal of the difficulty car makers are having navigating tariffs alongside the rise of ...
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Agence France-Presse on MSNHonda forecasts 70% net profit drop citing 'tariff impact'Japan's Honda Motor on Tuesday forecast a 70 percent drop in net profit for the 2025-26 financial year as US trade tariffs ...
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.
Honda Motor Co. reported a 76% drop in fourth-quarter operating profit on Wednesday, missing analyst expectations by a wide ...
triggering profit warnings and layoffs. That's not what you want to happen. Tesla's European can sales saw a sizable 28.2% drop in March compared to the same time last year. The dismal news for ...
Sales for Honda and Nissan, for example, were down 34% and 28% respectively in the first quarter from a year earlier. Volkswagen, once China's top-selling passenger car brand, saw sales drop 6% in ...
Most suppliers struggled with squeezed profit margins ... highlighted the fears rippling through supplier ranks. He forecast a 10 per cent drop in sales from the tariffs on finished cars alone ...
US tariffs drop to 30% from 145 ... won't be seen for several months. Honda (HMC) is facing a $3 billion profit hit due to US tariffs, lowering its profit forecast for the upcoming year.
Shares in Toyota Motor Corp. lost 1.6% while Honda Motor ... reporting stronger profit and revenue for the latest quarter than analysts expected. It also raised its forecast for profit over ...
Sales for Honda and Nissan, for example, were down 34 per cent and 28 per cent respectively in the first quarter from a year earlier. Volkswagen, once China’s top-selling passenger car brand, saw ...
One key reason for the drop in small car ... Automakers such as Hyundai, Honda, Toyota, Skoda, Volkswagen, and Nissan have stepped away from the small car space. Instead, they’re focusing on SUVs ...
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