Honda's first-quarter operating profit fell 50%, missing estimates due to U.S. auto tariffs and a stronger yen.

Honda's first-quarter operating profit fell 50%, missing estimates due to U.S. auto tariffs and a stronger yen.

Fall in operating profits also due to losses on electric car sales in US but 50% drop is less than manufacturer estimated

Toyota Motor reported higher-than-expected operating profit for the June-quarter, even as the auto company grapples with U.S. tariffs.

Japanese carmaker cuts operating profit guidance by 16% day after rival Honda reported 50% drop in profits

Toyota Motor Corp.’s April-June profit totaled 841 billion yen ($5.7 billion), down from 1.33 trillion yen in the same period of 2024.