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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 pace of Subaru’s EV rollout and the amount of money it plows into the technology is under review as the company braces ...
Vertu Motors saw profits fall despite a rise in revenue in 2024, in what was the 'lowest new retail car market for 25 years'.
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.
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 ...
Nissan has announced job cuts, plant closures, and cost-saving measures as it faces challenges in the US market.
Six months after revealing layoffs affecting 9,000 workers, Nissan is more than doubling that amount and cutting 20,000 jobs ...
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