Shocking First Annual Loss for Honda in 70 Years Revealed
BBC Business
Honda reports a shocking first annual loss in 70 years, revealing struggles in the EV market and strategic shifts for future growth. Click to learn more!
Honda faces its first annual loss in 70 years, totaling ¥423 billion.
The company is scrapping ambitious EV production targets amid poor demand.
U.S. policy changes have significantly impacted Honda's financial outlook.
Future focus shifts to motorcycles and hybrid vehicles for growth.