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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 roughly two-thirds slide in operating profit for the year through March 2026,
Key Takeaways Honda Motor said new U.S. auto tariffs will send profits and sales tumbling.CEO Toshihiro Mibe noted that Honda ...
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 ...
Honda is the latest automaker to warn of a massive hit to its profits as a result of President Trump's auto tariffs.
Japanese auto giant Honda missed fourth-quarter earnings estimates as operating profit plunged 76%, with the company bracing ...
Japanese automakers are bracing for a $19 billion hit from US tariffs. Toyota forecasts a $10.7 billion impact, while other ...
The first batch of car pricing data since new vehicle tariffs went into effect show an increase as a global trade war upends ...
Honda Motor Co., Ltd.'s FY2025 earnings show strong motorcycle sales, but auto struggles, a 12% profit dip, and FY2026 ...
Mark Fields, former Ford CEO, joins 'Fast Money' to talk Honda's earnings miss, the impact of tariff changes on the auto ...
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