Category: Honda Motor Co Ltd

Japanese Automakers Warn of Billions in Tariff Losses

Toyota, Honda and Nissan forecast big hits to their profits from higher tariffs that they acknowledged were likely ‘here to stay.’
Japan’s Auto Giants Are Expecting Pain Despite Trump Trade Deal

Toyota, Honda and Nissan forecast big hits to their profits despite a trade deal that cut auto levies to 15 percent. The reduced rate has yet to be implemented.
Tariff Misery in Japan: Honda and Nissan Forecast Plunges in Profit

Japanese business leaders and officials were indignant at the U.S. decision to pause China tariffs, while Japan faces economic hardship from auto levies.
Toyota Says Tariffs Will Erase $1.3 Billion in Profits in Just 2 Months

The automaker’s somber forecast for the fiscal year underscored how quickly fortunes have turned for many companies reckoning with President Trump’s tariffs.
Chinese Auto Giants Dongfeng and Changan Are in Talks to Merge

The state-owned automakers, longtime joint venture partners of Ford and Nissan, might combine operations as Beijing consolidates its sprawling car sector.
Global Automakers React to Trump’s 25% Tariff on Imported Cars

Ignoring diplomatic efforts and investment pledges, President Trump said he would impose tariffs that are expected to deal a blow to American neighbors and allies in Asia.
Trump’s Car Tariffs Worry Toyota and Japan’s Automakers

Japanese automakers, initially optimistic about some of President Trump’s policies, are reckoning with potentially devastating U.S. taxes on foreign-made cars.
Honda and Nissan Scrap $50 Billion Merger Plan

The Japanese companies’ decision to call off negotiations highlights the challenges legacy automakers face in partnering to tackle new technologies.
Honda and Nissan Merger Talks in Peril

Two of Japan’s largest automakers have been in talks to combine their operations to form one of the world’s biggest car groups.
Trump’s Canada and Mexico Tariffs Could Hurt Some Carmakers

General Motors and a few other companies make as much as 40 percent of their North American cars and trucks in Canada and Mexico, leaving them vulnerable to tariffs.
Why Mergers of Carmakers Like Honda and Nissan Often Falter

The Japanese companies are considering joining forces to survive in a rapidly changing auto industry, but auto history is filled with troubled and failed marriages.
Honda and Nissan Unveil Merger Talks as Global Competition Bears Down

Japan’s second- and third-largest automakers hope the deal can help them catch up with Tesla and China’s BYD in electric vehicles and advanced software.