News

The carmaker projected a sharp drop in profit as it expects to be hit by higher U.S. tariffs on foreign-made cars.
Japan’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.
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. said Tuesday that its group net profit in the current fiscal year through next March is forecast to plunge 70 ...
Honda Motor is forecasting a sharp drop in profits for the current fiscal year through next March, mainly due to US tariffs ...
During the announcement of its 2024-2025 fiscal year financial results on May 13, Honda CEO Toshihiro Mibe stated that in the ...
Ontario Premier Doug Ford says he will make sure auto companies, including Honda, follow through on their commitments to ...
The company blames U.S. tariffs and a general slowdown in electric vehicle sales; VW's new Ontario battery plant is still a ...
Japanese automakers Honda Motor Co. (HMC) and Nissan Motor Co. (NSANY) have each reported big declines in their operating ...
Honda Motor Co. reported a 76% drop in fourth-quarter operating profit on Wednesday, missing analyst expectations by a wide ...