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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 Motor Co. issued a lukewarm profit forecast as it braced for the fallout of US President Donald Trump’s trade war.
Honda's forecast is the latest signal of the difficulty car makers are having navigating tariffs alongside the rise of Chinese EV producers.
Honda's profit for the fiscal year through March slipped 24.5 per cent from the previous year, as its vehicle sales in China ...
Honda Motor Co. said Tuesday that its group net profit in the current fiscal year through next March is forecast to plunge 70 ...
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.
During the announcement of its 2024-2025 fiscal year financial results on May 13, Honda CEO Toshihiro Mibe stated that in the ...
TOKYO--Honda Motor projected a sharp drop in profit as it expects to be hit by higher U.S. tariffs on foreign-made cars. The Japanese automaker expects net profit to decline 70% to 250 billion yen, ...
Honda Motor Co. reported a 76% drop in fourth-quarter operating profit on Wednesday, missing analyst expectations by a wide ...
Japanese auto giant Honda missed fourth-quarter earnings estimates as operating profit plunged 76%, with the company bracing ...
Honda is the latest automaker to warn of a massive hit to its profits as a result of President Trump's auto tariffs.