top of page

HONDA CUTS ANNUAL OPERATING PROFIT OUTLOOK ON EV COST HIT, SLOW ASIA SALES

  • NEWS Desk Global
  • 4 hours ago
  • 1 min read

ree

Honda Motor slashed its full-year profit forecast by 21% on Friday, hurt by one-time electric vehicle costs, worsening sales in China and other Asian markets and a shortage of parts equipped with Nexperia chips.

Japan's second-largest automaker cut its operating profit forecast for the year through March 2026 to 550 billion yen (3.65 billion) from 700 billion yen.

Comments

Commenting on this post isn't available anymore. Contact the site owner for more info.
bottom of page