Why Honda reporting its first annual loss in 70 years is a big deal

This one’s a biggie. Honda has just posted its first annual loss since becoming a publicly traded company back in 1957. And it’s not a small number either – Honda reported a staggering net loss of US$2.7 billion for the fiscal year ending March 31.

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Category: Automotive, Transport

Tags: Honda, Honda Motorcycles, Financial, Tesla Motors, BYD, Electric Vehicles