The move by the Trump administration to lower tariffs on goods from China to 30% from 120%, still offers limited reprieve for ...

Honda Motor anticipates a substantial Y450bn ($3bn) impact on its full-year profit as a result of US President Donald Trump's ...

The world's largest contract electronics maker, Foxconn (601138.SS, 2354.TW) said on Wednesday that despite its quarterly ...

The combined operating profits of six major automakers are expected to decline more than ¥2 trillion, according to their ...

Japan's Honda Motor Co. announced its earnings outlook for fiscal year 2025, projecting a sharp 70.1-percent decline in net profit to 250 billion yen ...

The automaker has been badly damaged by weakening sales in the U.S. and China, and then saw merger talks with Honda collapse.

In a recent interview with French business news channel BFM Business, former Nissan CEO and international fugitive Carlos ...

Honda's forecast is the latest signal of the difficulty car makers are having navigating tariffs alongside the rise of Chinese EV producers.

Honda announced the postponement on Tuesday after forecasting a 59 per cent profit decline in the current fiscal year.

During the announcement of its 2024-2025 fiscal year financial results on May 13, Honda CEO Toshihiro Mibe stated that in the ...

Tariffs are hitting automakers hard, with Honda (HMC) being the latest automaker to warn of a major drop in profit for the ...

Honda predicts a 59% drop in profits for the current fiscal year due to new tariffs imposed by U.S. President Donald Trump, ...