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Japanese automaker Honda Motor anticipates a substantial Y450bn ($3bn) impact on its full-year profit as a result of US ...
Japan's Honda Motor on Tuesday forecast a 70 percent drop in net profit for the 2025-26 financial year as US trade tariffs ...
During the announcement of its 2024-2025 fiscal year financial results on May 13, Honda CEO Toshihiro Mibe stated that in the ...
Honda is the latest automaker to warn of a massive hit to its profits as a result of President Trump's auto tariffs.
Tariffs could cost Japan's second-largest automaker up to 650 billion yen this financial year—equivalent to $4.4 billion and ...
Honda Motor's FY2025 earnings revealed resilient motorcycle and hybrid sales, but auto segment weakness and 12% profit drop ...
The logo signboard of Japanese automaker Honda Motor atop a showroom in Tokyo on Feb. 6, 2025. Key Takeaways. Honda Motor ...
Honda's forecast is the latest signal of the difficulty car makers are having navigating tariffs alongside the rise of Chinese EV producers.
Japanese automakers have few immediate options to offset the impact of the additional U.S. tariff on cars. Toyota Motor Corp.
A Honda dealership in California ... Mibe said the guidance represented a worst-case scenario. “I think the tariff impact will continue to change as time goes by,” he told a press conference.
Honda said it expected net profit of 250 billion yen ($1.7 billion) in the 12 months to March 2026. "Tariff impact and recovery efforts" will have a negative effect on operating profit ...