Honda's Costly EV Fiasco Drives First-Ever Annual Loss

Honda announced a 423.9 billion yen ($2.7 billion) loss Thursday in a first-ever negative result for the fabled Japanese automaker, reportedly driven by heavy costs for its electric-vehicle plans underscored by President Donald Trump’s pro-U.S. manufacturing policies. The post Honda’s Costly EV Fiasco Drives First-Ever Annual Loss appeared first on Breitbart.