Honda posts operating loss, first since 1957

Honda announced Thursday its first operational loss since 1957 after a major overhaul of its electric vehicle strategy in the United States. Japan’s number two automaker after Toyota said that its operating loss last year of 414.3 billion yen ($2.6 billion) came after huge accounting charges in its EV operations. Honda also reported a net […] The post Honda posts operating loss, first since 1957 appeared first on Digital Journal.