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Honda Motor Co. issued a lukewarm profit forecast as it braced for the fallout of US President Donald Trump’s trade war.
Japan's Honda Motor on Tuesday forecast a 70 percent drop in net profit for the 2025-26 financial year as US trade tariffs ...
The carmaker projected a sharp drop in profit as it expects to be hit by higher U.S. tariffs on foreign-made cars.
Honda's forecast is the latest signal of the difficulty car makers are having navigating tariffs alongside the rise of Chinese EV producers.
NET PROFIT FORECAST: Honda is expected to post a 26% drop in net profit to 175.13 billion yen, equivalent to $1.20 billion, for the three months ended March, according to a poll of analysts by LSEG.
During the announcement of its 2024-2025 fiscal year financial results on May 13, Honda CEO Toshihiro Mibe stated that in the ...
Honda Motor Co. reported a 76% drop in fourth-quarter operating profit on Wednesday, missing analyst expectations by a wide ...
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 ...
Hasbro Inc. wowed Wall Street on Thursday by lifting its revenue growth outlook for its “Wizards of the Coast” digital-game series and crushing Wall Street estimates for profit and revenue.
The decrease in the cost of vegetarian thalis was mainly due to a significant drop in vegetable prices ... while tomato prices are forecast to rise on account of seasonality, it added.