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Distress is spreading in Japan’s auto sector, putting into question Tokyo’s approach to trade negotiations with the United ...
The Japanese automaker confirmed it would cut 11,000 more jobs and slim down production.Nissan also saw its profit almost ...
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 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.
For the financial year ended March, Honda posted revenue of 21.69 trillion yen ($146.63 billion), marking a 6.2% year-on-year ...
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 anticipates a substantial Y450bn ($3bn) impact on its full-year profit as a result of US President Donald Trump's ...
Honda's forecast is the latest signal of the difficulty car makers are having to navigate Trump's tariffs on foreign automobiles.
During the announcement of its 2024-2025 fiscal year financial results on May 13, Honda CEO Toshihiro Mibe stated that in the ...