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Honda posts first operating loss since 1957 after scrapping US EV plans
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...
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apnews.com
Honda records its first-ever annual loss on a costly EV strategy
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.
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straitstimes.com
Honda books first annual loss, hit by $11.5 billion EV charge
The company still expects to return to profitability in 2026. Read more at straitstimes.com. Read more at straitstimes.com.
