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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 ...
Honda's forecast is the latest signal of the difficulty car makers are having navigating tariffs alongside the rise of ...
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.
Tokyo, May 13 (Jiji Press)--Honda Motor Co. said Tuesday that its group net profit in the current fiscal year through next March is forecast to plunge 70.1 pct from the previous year to 250 ...
Honda Motor Co. reported a 76% drop in fourth-quarter operating profit on Wednesday, missing analyst expectations by a wide ...
The carmaker, whose mooted merger with Honda collapsed earlier this year ... 671 billion yen for 2024-25 but did not issue a net profit forecast for the financial year that began in April.
Honda Motor Co. is expecting a ¥450 billion (US$3 billion) hit to its full-year profit as it braces for the fallout of U.S. President Donald Trump’s auto tariffs, joining rivals reeling from the trade ...
US tariffs drop to 30% from 145 ... reverberates around the world. Honda (HMC) is facing a $3 billion profit hit due to US tariffs, lowering its profit forecast for the upcoming year.
US soybean exports may drop 20% and the ... 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.
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Canada’s largest carrier on Thursday lowered its annual adjusted core profit forecast and posted first ... six months mirrored an industry-wide drop of roughly 10 per cent.
Toyota released a report Thursday projecting that President Trump’s sweeping tariffs, including automobile import taxes, would result in a $1.3 billion drop in ... of record profit for the ...
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