The company still expects to return to profitability in 2026. Read more at straitstimes.com. Read more at straitstimes.com.

Honda says it racked up a full-year loss for the first time ever, losing $2.7 billion in the last fiscal year due to a costly electric-vehicle strategy.

The company still expects to return to profitability in 2026. Read more at straitstimes.com. Read more at straitstimes.com.

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

TOKYO, May 14 — Honda announced Thursday its first operational loss since 1957 after a major overhaul of its electric vehicle strategy in the United States.Japan’s number two...

Le constructeur automobile japonais a présenté ce jeudi son dernier résultat annuel, avec une perte historique depuis son entrée en bourse. Honda fait les frais de l’annulation de…

Company aims to rebound to net profit in FY26 despite massive EV-related losses

The auto industry’s massive pullback from its electric vehicle plans has claimed another victim: Honda, which posted its first annual loss since 1955.

Honda is waving the white flag. The Japanese automaker previewed two new hybrids set to launch by 2028 after taking...