Honda, the tariffs
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Honda Motor Co., Ltd.'s FY2025 earnings show strong motorcycle sales, but auto struggles, a 12% profit dip, and FY2026 conservative guidance. Click for more on HMC.
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,
Japanese automakers are bracing for a $19 billion hit from US tariffs. Toyota forecasts a $10.7 billion impact, while other brands like Nissan and Honda estimate $3 billion each.
Japanese auto giant Honda missed fourth-quarter earnings estimates as operating profit plunged 76%, with the company bracing for the full impact of U.S. tariffs. Honda's fourth quarter ends March 31.
Nissan Motor Co. is struggling to draw a path to recovery as the major Japanese automaker recently announced a plan to significantly scale ba
The move by the Trump administration to lower tariffs on goods from China to 30% from 120%, still offers limited reprieve for US small businesses, who remain cautious as tariffs are still sky high by historical levels and are also pressuring profits.
Some companies have not spoken out about what tariffs are costing them, but they have announced some changes in the pricing of their products. Related: Apple CEO sends blunt message on tariffs impact Ford is one company that's been forced to take action in response to tariffs,
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Intellinews on MSNJapan’s auto industry left reeling under tariff pressure as Honda and Nissan feel the painBy bno - Taipei Office Japan’s once-unshakeable auto industry is facing a dramatic reckoning as major manufacturers struggle with tumbling profits, global trade tensions and internal upheaval. In just the past few days,