However, the company faced a 3.1% decrease in profit before income taxes, which stood at Y1.22tn. Comprehensive income experienced a decline of 21.1%, reaching Y1.07tn. Honda's nine-month ...

Honda Motor Co. Chief Executive Toshihiro Mibe called the decisions “a switch in the planned course,” while stressing the ...

Excluding this item, “normalized” operating profit would have been ¥1.341 trillion, narrowing the YoY decline to just 3%. Still, even on that adjusted basis, Honda didn’t meet expectations ...

Honda chief executive officer Toshihiro Mibe ... Toyota has reported a $1.2bn profit decline for April and May alone. Mazda Motor, also affected by the tariffs, has postponed its annual guidance ...

Toyota said it anticipates a $1.2 billion profit decline in only two months, while Honda expects its operating profit to drop nearly 60% in the current fiscal year after being hit with tariffs.

Japan backs U.S.-China trade progress, calling their stable ties vital as it monitors developments and seeks relief from U.S.

Bhavish Aggarwal and Ola Electric have their work cut out for them after the EV maker lost its top spot in the market to ...

The new job cuts will bring Nissan's total U.S. workforce reduction to around 20,000 jobs, after it previously announced ...

Auto experts aren't worried about big auto parts suppliers surviving tariffs. but small ones in Michigan may not make it. Why ...

Auto experts aren't worried about big auto parts suppliers surviving tariffs, but small ones in Michigan may not make it. Why some are trying.

Big as they may be, both are consolidations and likely to result in net job loss. The UAW warned that the closure of Mopar plants for the new warehouse, including its longtime home in Center Line, ...