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Honda, Tariff Hit

Reuters on MSN · 1d

Honda sees full-year profit down 59% as US tariffs bite, postpones Canada EV plans

Japan's Honda Motor forecast a 59% 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 stemming from U.S. President Donald Trump's tariffs.

The New York Times · 1d

Tariff Misery in Japan: Honda and Nissan Forecast Plunges in Profit

Distress is spreading in Japan’s auto sector, putting into question Tokyo’s approach to trade negotiations with the United States.

Bloomberg on MSN · 1d

Honda Signals Profit Drop, Warns of $3 Billion Tariff Hit

Honda Motor Co. is expecting a ¥450 billion ($3 billion) hit to its full-year profit as it braces for the fallout of US President Donald Trump’s auto tariffs, joining rivals reeling from the trade war.

1d

Nissan takes axe to costs after tough year; Honda sees profit falling

The Japanese automaker confirmed it would cut 11,000 more jobs and slim down production.Nissan also saw its profit almost ...

6hon MSN

Japanese carmakers slash profit outlooks as they face down U.S. tariffs and Chinese EVs

All three of Japan’s largest carmakers are struggling with tough market conditions in the world’s two largest economies. In ...

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