A derailed gamble led Honda to its first-ever annual loss and has intensified scrutiny over the future of its chief executive.
Category: Honda Motor Co Ltd
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How Honda’s Pledge to Go All-Electric Unraveled
The New York Times – Business: -
For New Car Brands, the Path to Success Is Littered With Flops
The New York Times – Business:Honda and Sony have bailed on Afeela, their joint E.V. project, without selling a single car. Subbrands from big automakers have a shaky track record, but leaning into luxury can help.
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Honda Posts First Ever Annual Loss After Pullback From E.V.s
The New York Times – Business:Honda posted its first loss since 1957 as it took a multibillion-dollar hit from scaling back its electric-vehicle plans.
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Honda Posts First Ever Annual Loss After Pullback From E.V.s
The New York Times – Business:Honda posted its first loss since 1957 as it took a multibillion-dollar hit from scaling back its electric-vehicle plans.
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G.M. Reports Sharp Decline in Car Sales Amid War and High Prices
The New York Times – Business:Toyota, Honda and Hyundai reported drops in March. Some blamed gasoline prices.
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What to Know About Electric Cars When Gas Prices Are Surging
The New York Times – Business:War in Iran has disrupted global oil supplies, which is prompting some car shoppers to look for ways to climb off “the gas-price roller coaster.”
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Honda Scraps Plans for E.V.s While Start-Ups Forge Ahead
The New York Times – Business:The Japanese company’s retreat echoes moves by other traditional carmakers as the industry divides between electric vehicle haves and have-nots.
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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.’
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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.
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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.
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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.
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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.