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Distress is spreading in Japan’s auto sector, putting into question Tokyo’s approach to trade negotiations with the United ...
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Agence France-Presse on MSNHonda forecasts 70% net profit drop citing 'tariff impact'Japan's Honda Motor on Tuesday forecast a 70 percent 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 and Nissan, are set to announce fiscal year earnings next week. Automakers outside Japan are also anticipating difficulties. Last week, General Motors lowered its 2025 profit forecast by ...
Honda Motor Co. reported a 76% drop in fourth-quarter operating profit on Wednesday, missing analyst expectations by a wide ...
The carmaker said its latest annual operating profit was 4.8 trillion yen ... and Mercedes-Benz Group have pulled their earnings forecasts entirely, while others have warned of substantial ...
Last year, it announced 9,000 job cuts worldwide as it reported a 93 percent plunge in first-half net profit. Then merger talks with its rival Honda -- seen as a bid to catch up with Tesla and ...
Nissan and Honda (7267.T), opens new ... Nissan said it sees full year operating profit of 85 billion yen, around 30% lower than its previous forecast. The automaker, which said it will forego ...
The deal broke apart due to Honda's proposal to make Nissan a subsidiary, sources have said. Nissan said it sees full year operating profit of 85 billion yen, around 30% lower than its previous ...
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