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Honda Stock Sinks as Japanese Automaker Sees Big Financial Hit From US Tariffs
Key Takeaways Honda Motor said new U.S. auto tariffs will send profits and sales tumbling.CEO Toshihiro Mibe noted that Honda ...
Honda Braces for a $4.4 Billion Tariff Bill
Tariffs could cost Japan's second-largest automaker up to 650 billion yen this financial year—equivalent to $4.4 billion and almost half last year’s profit. Reporting results Tuesday, Honda forecast a ...
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Honda forecasts 70% net profit drop citing ‘tariff impact’
Honda said it expected net profit of 250 billion yen ($1.7 billion) in the 12 months to March 2026. “Tariff impact and recovery efforts” will have a negative effect on operating profit ...
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Toyota, Nissan, and Honda to face billions in losses due to Trump's auto tariffs
Japanese automakers are bracing for a $19 billion hit from US tariffs. Toyota forecasts a $10.7 billion impact, while other ...
Honda Motor reports 76% plunge in operating profit in huge earnings miss
Japanese auto giant Honda missed fourth-quarter earnings estimates as operating profit plunged 76%, with the company bracing ...
Trump tariffs may accelerate restructuring of already struggling Japan auto industry
Nissan Motor Co. is struggling to draw a path to recovery as the major Japanese automaker recently announced a plan to ...
Trump tariffs live updates: Trump's pause on China tariffs still a 'nightmare' for small businesses
The move by the Trump administration to lower tariffs on goods from China to 30% from 120%, still offers limited reprieve for ...
Toyota makes a disturbing announcement about tariffs
Some companies have not spoken out about what tariffs are costing them, but they have announced some changes in the pricing ...