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Honda Motor Co. Chief Executive Toshihiro Mibe called the decisions “a switch in the planned course,” while stressing the long-term shift toward electrification remained unchanged, just pushed back in ...

Toyota Motor projects net profit will decline 34.9 percent to 3.1 trillion yen, or 21 billion dollars, while Honda Motor forecasts a drop of 70.1 percent to 250 billion yen or 1.7 billion dollars.

Japan's Honda Motor 7267.T 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 ...

Tokyo (Jiji Press) — Honda Motor Co. said Tuesday that its group net profit in the current fiscal year through next March is forecast to plunge 70.1 pct from the previous year to 250 billion yen.

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Japan’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 Motor Co. reported a 76% drop in fourth-quarter operating profit on Wednesday, missing analyst expectations by a wide margin and prompting a sharply downgraded outlook for the fiscal year ahead.

Forecasting a steep 59 per cent profit drop for the year, Honda is postponing its $15 billion plan to build an EV supply line in Canada for at least two years due to concerns about U.S. auto tariffs.

Honda chief executive officer Toshihiro Mibe ... General Motors has reduced its profit forecast by up to $5bn, while Ford anticipates a $1.5bn hit. Toyota has reported a $1.2bn profit decline ...