Over the next three years, Honda said it will invest 4.4 trillion yen ($27.8 billion) in new gasoline and hybrid vehicles and 1 trillion yen in software technologies.

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.

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...

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

Honda has indefinitely suspended its plans for a $15-billion electric vehicle complex in Ontario, as it pivots away from EVs and toward hybrids. The move comes as the automaker…

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...

KYODO — Honda Motor Co expects to return to profitability this fiscal year, but the turnaround does not guarantee the embattled carmaker will get back on a growth path anytime…

Over the next three years, Honda said it will invest 4.4 trillion yen ($27.8 billion) in new gasoline and hybrid vehicles and 1 trillion yen in software technologies.

Dopo la prima perdita dal 1957 Honda rinvia il traguardo EV al 2050, lancia 15 modelli ibridi entro il 2030

The automaker marked its first annual loss in more than 70 years.