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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 ...
All three of Japan’s largest carmakers are struggling with tough market conditions in the world’s two largest economies. In ...
Japanese automaker Honda Motor anticipates a substantial Y450bn ($3bn) impact on its full-year profit as a result of US ...
The combined operating profits of six major automakers are expected to decline more than ¥2 trillion, according to their ...
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 ...
The automaker has been badly damaged by weakening sales in the U.S. and China, and then saw merger talks with Honda collapse.
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Cyprus Mail 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 hold a plan to build an EV supply chain in Canada, amid the uncertainty ...
Honda's forecast is the latest signal of the difficulty car makers are having navigating tariffs alongside the rise of ...
Honda announced the postponement on Tuesday after forecasting a 59 per cent profit decline in the current fiscal year.
During the announcement of its 2024-2025 fiscal year financial results on May 13, Honda CEO Toshihiro Mibe stated that in the ...
Tariffs are hitting automakers hard, with Honda (HMC) being the latest automaker to warn of a major drop in profit for the ...
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