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Honda Postpones $11 Billion Canada EV Project for Two Years on Weak Sales -- Update
Postponing the Canadian EV project is part of the automaker's effort to contain the damage from hefty U.S. tariffs on foreign-made vehicles. Honda said it expects its net profit to drop 70% to 250 billion yen, equivalent to $1.68 billion, for the year ending March 2026.
President Trump’s trade war again tests Canada’s new government. Honda is also canceling plans for a major electric vehicle ...
The logo signboard of Japanese automaker Honda Motor atop a showroom in Tokyo on Feb. 6, 2025. Key Takeaways. Honda Motor ...
Honda has reported its profit for the fiscal year through March slipped 24.5% from the previous year as its vehicle sales in ...
Two major Japanese automakers have warned that earnings will be hit hard by U.S. tariffs, underlining the risk of an ...
TOKYO (Reuters) -Japan's Honda Motor forecast a 59% profit decrease for the current financial year on Tuesday as the impact ...
Fourth-quarter revenue was in line with LSEG mean estimates, but fourth-quarter operating profit posted a huge miss. Revenue ...
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 ...
Honda Cars India has the third-gen and the second-gen Amaze on sale in India. Now, the Japanese automaker seems to be ...
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