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Honda Sees Full-Year Profit Down 59% as US Tariffs Bite, Postpones Canada EV Plans
TOKYO (Reuters) -Japan's Honda Motor forecast a 59% profit decrease for the current financial year on Tuesday as the impact of U.S. President Donald Trump's tariffs and a stronger yen offset gains from demand for its hybrid lineup.
Honda Motor Co. is expecting a ¥450 billion ($3 billion) hit to its full-year profit as it braces for the fallout of US ...
The Japanese automaker made its intent known at a recent analysts season in Japan where the management said it would go all ...
Honda has assured Canada that no jobs will be lost and it is committed to major electric vehicle investments in the country, ...
Honda has reported its profit for the fiscal year through March slipped 24.5% from the previous year as its vehicle sales in ...
If the Seventies were the doldrums of performance cars, the Eighties the penance, the Nineties a rebirth, then the first ...
Japanese auto giant Honda missed fourth-quarter earnings estimates as operating profit plunged 76%, with the company bracing ...
Tariffs could cost Japan's second-largest automaker up to 650 billion yen this financial year—equivalent to $4.4 billion and almost half last year’s profit. Reporting results Tuesday, Honda forecast a ...
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Hercules police chase 17-year-old in stolen Honda, recover loaded gunHercules police arrested a 17-year-old boy after he allegedly fled from a traffic stop crashed through a fence, and ended up ...
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