Japanese auto giant takes historic hit amid EV pullback
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May 14, 2026
Honda has reported its first operating loss since 1957, citing weaker demand, US tariffs, and intensifying competition Japanese auto giant Honda has posted its first operating loss since 1957, citing weakening electric vehicle (EV) demand, US trade measures, and mounting competition from China. On Thursday, the automaker reported a net loss of 424 billion yen […]
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