Toyota rivals hit as it avoids EV write-downs. It is now expanding its U.S. EV lineup as Ford, GM, Stellantis and Honda retreat.
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Honda warns of first annual loss, cites $15.7B EV restructuring hit
Honda is bracing for its first annual net loss since it went public in 1957, as a sweeping reset of its electric vehicle strategy triggers a massive one-off charge. The company now expects to swing ...
Morning Overview on MSN
Honda cancels 3 US.-built EVs, warns of up to $15.8B FY2026 loss
Honda Motor Co. is scrapping three electric vehicle models it had planned to build in the United States, absorbing a financial blow of up to 2.5 trillion yen ($15.7 billion) as it abandons key parts ...
After a glorious 2025 campaign, F1 has taken a bold step into the future in 2026. Here's our complete guide to the new F1 2026 season.
Global automakers have recorded more than $70 billion in writedowns over the past year as companies recalibrate electric vehicle (EV) strategies amid slowing demand and policy shifts. TOKYO/DETROIT, ...
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