Honda warns of $15bn loss after scrapping EV models
Japanese carmaker is latest casualty from souring outlook for US electric vehicle sales
Japanese carmaker is latest casualty from souring outlook for US electric vehicle sales

Japan’s second-biggest carmaker reports worse than expected result but forecasts return to profit this year

Decision casts doubt over future of joint venture combining both Japanese companies’ strengths

Group scraps plans for some electric trucks as it contends with Trump regulatory changes and tepid demand

World’s biggest carmaker sells record 10.5mn vehicles last year on strong demand for hybrids

Contraction in US and cooling Chinese demand are expected hurdles for market

Manufacturers rethink US strategy in pivot back to petrol and hybrids