Honda sees full-year profit down 59 per cent
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U.S. equities were mixed at midday, with tech shares and a better-than-expected consumer inflation report lifting the S&P 500 and Nasdaq.
NET PROFIT FORECAST: Honda is expected to post a 26% drop in net profit to 175.13 billion yen, equivalent to $1.20 billion, for the three months ended March, according to a poll of analysts by LSEG. That would compare with Y237.57 billion in net profit in the year-earlier period.
Honda Motor said new U.S. auto tariffs will send profits and sales tumbling. CEO Toshihiro Mibe noted that Honda sees a $4.40 billion negative impact from the tariffs this year. Honda is also ...
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The Nissan and Honda merger is hanging on one expensive conditionThough many questions exist stemming from what Nissan and Honda bring to the table regarding cars, a new report denotes that new concerns have ... traded on the Taiwan Stock Exchange under ticker ...
Research from Canada's parliamentary budget watchdog indicates that manufacturers, between 2020 and 2024, unveiled plans to invest roughly $33 billion in EV and related supply-chain production. The Canadian government pledged $22 billion in financing and tax breaks to lure those companies.
Detailed price information for Nissan Motors ADR (NSANY) from The Globe and Mail including charting and trades.
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HMC Stock Earnings: Honda Motor Co Beats EPS, Misses Revenue for Q4 2024Honda Motor Co (NYSE:HMC ... inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at [email protected].
Honda Motor ( NYSE: HMC) announced on Tuesday a two-year postponement of its ambitious $15 billion electric vehicle investment project in Ontario. The Japanese automaker pointed to a slowdown in global EV demand and mounting economic uncertainty linked to new U.S. tariffs on imported vehicles.