08-November-2025
Corporate News
 
Honda Cuts Annual Operating Profit Outlook on EV Cost Hit, Slow Asia Sales
07-Nov-2025

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.

News Source:- https://money.usnews.com/investing/news/articles/2025-11-07/honda-reports-25-fall-in-q2-operating-profit
 
 
 

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