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Stocktwits on MSNJapan Secures Breakthrough US Trade Deal To Scrap Tariff Stacking, Cut Auto DutiesThe U.S. will end the stacking of universal tariffs on Japan and cut car levies to 15% as promised, Tokyo’s top trade ...
Import tariffs and rising costs are squeezing profits at the Detroit 3, and the financial strain is expected to hit factory ...
Honda has also changed its average US$ exchange rate assumption for the full year from JPY135 to JPY140, which improves the profitability of its US operations. Net profits for the full year are ...
The Tokyo-based maker of the Accord sedan and Asimo robot revised upward its profit forecast for the full fiscal year through March 2026 to $2.9 billion, better than its earlier estimate of $1.7 ...
US tariffs prompted Japanese auto giant Toyota on Thursday to cut its annual net profit forecast by 14 percent.
In addition, Honda's credit rating is at investment-grade, which allows for lower cost of capital and greater financial flexibility than non-investment-grade competitors. While current industry ...
The Japanese automaker is having a tough time transitioning to EVs, and its executives are reconsidering the course of action ...
Honda's net profit halved to ¥196.67 billion in Q1 due to U.S. tariffs on Japanese cars but the company raised its annual ...
The negative impact of tariffs was estimated at about 450 billion yen ($3 billion), based on “a detailed review,” according ...
Honda and the Honda USA Foundation contribute over $16.5 million during annual programmatic funding cycleThis year's funding ...
The company forecasted net profit for the current fiscal year to reach $2.84 bln, marking a 49.8% decrease from the previous reporting period ...
Japanese car giant Honda said Wednesday its net profit halved in the first quarter because of US tariffs, but upgraded its annual profit forecast after Tokyo finally hammered out a trade deal with ...
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