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Distress is spreading in Japan’s auto sector, putting into question Tokyo’s approach to trade negotiations with the United ...
Japan's Honda Motor forecast a 59% profit decrease in the current financial year and said it would put on hold a plan to ...
The Japanese automaker confirmed it would cut 11,000 more jobs and slim down production.Nissan also saw its profit almost ...
The carmaker projected a sharp drop in profit as it expects to be hit by higher U.S. tariffs on foreign-made cars.
17h
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 ...
Honda's forecast is the latest signal of the difficulty car makers are having navigating tariffs alongside the rise of Chinese EV producers.
For the financial year ended March, Honda posted revenue of 21.69 trillion yen ($146.63 billion), marking a 6.2% year-on-year ...
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.
4h
Inquirer Business on MSNHonda projects 70 percent drop in FY 2025 net profitHonda Motor Co. said Tuesday that its group net profit in the current fiscal year through next March is forecast to plunge 70 ...
Honda's forecast is the latest signal of the difficulty car makers are having to navigate Trump's tariffs on foreign automobiles.
The earnings announcement covers the period before Donald Trump’s global tariff blitz sent global markets into freefall.
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