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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 ...
NET PROFIT FORECAST: Honda is expected to post a 26% drop in net profit to 175.13 billion yen, equivalent to $1.20 billion, for the three months ended March, according to a poll of analysts by LSEG.
The Japanese automaker confirmed it would cut 11,000 more jobs and slim down production.Nissan also saw its profit almost ...
Honda Canada is postponing its $15 billion investment for electric vehicle (EV) at its Alliston, Ont. plant for two years.
Honda has postponed a $15-billion electric vehicle project in Ontario, citing market demand, and is shifting some production ...
Honda Motor (NYSE:HMC) announced on Tuesday a two-year postponement of its ambitious $15 billion electric vehicle investment ...