News
8h
Just Auto on MSNHonda braces for $3bn tariff impact on profitsHonda Motor anticipates a substantial Y450bn ($3bn) impact on its full-year profit as a result of US President Donald Trump's ...
Honda is also postponing its $11 billion investment in Ontario EV factories due to slowing demand in North America.
Honda is the latest automaker to warn of a massive hit to its profits as a result of President Trump's auto tariffs.
During the announcement of its 2024-2025 fiscal year financial results on May 13, Honda CEO Toshihiro Mibe stated that in the ...
Honda's forecast is the latest signal of the difficulty car makers are having navigating tariffs alongside the rise of Chinese EV producers.
Japan's Honda Motor Co. announced its earnings outlook for fiscal year 2025, projecting a sharp 70.1-percent decline in net profit to 250 billion yen ...
5h
Inquirer Business on MSNHonda projects 70 percent drop in FY 2025 net profitHonda Motor Co. said Tuesday that its group net profit in the current fiscal year through next March is forecast to plunge 70 ...
14h
bne IntelliNews on MSNJapan’s auto industry left reeling under tariff pressure as Honda and Nissan feel the painBy bno - Taipei Office Japan’s once-unshakeable auto industry is facing a dramatic reckoning as major manufacturers struggle ...
The move by the Trump administration to lower tariffs on goods from China to 30% from 120%, still offers limited reprieve for ...
The development won’t affect jobs at Honda’s Alliston, Ont., plant, but it comes at a turbulent for the province’s automotive ...
19h
Khaleej Times on MSNHonda sees full-year profit down 59 per cent as US tariffs bite, postpones Canada EV plansJapan's Honda Motor (7267.T) forecast a 59 per cent profit decrease in the current financial year and said it would put on ...
Both nations pledged to cut their broad, ballooning tariffs after weekend talks. US tariffs dropped to 30% from 145%, while ...
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