Honda’s EV Bet Backfires As Automaker Faces Historic $2.5 Billion Loss
Honda Motor is staring down a financial hole it has not seen in nearly seven decades. The company is set to report an operating loss of around 400 billion yen ($2.55 billion) for the fiscal year ended March 2026, as per Reuters. It will mark its first operating loss since going public in 1957. To …
Honda Motor is staring down a financial hole it has not seen in nearly seven decades. The company is set to report an operating loss of around 400 billion yen ($2.55 billion) for the fiscal year ended March 2026, as per Reuters. It will mark its first operating loss since going public in 1957. To…
Honda Motor is staring down a financial hole it has not seen in nearly seven decades. The company is set to report an operating loss of around 400 billion yen ($2.55 billion) for the fiscal year ended March 2026, as per Reuters. It will mark its first operating loss since going public in 1957. To …
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