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Honda just lost money for the first time in 70 years | CNN Business
The auto industry’s massive pullback from its electric vehicle plans has claimed another victim: Honda, which posted its first annual loss since 1955.
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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.
