News

Trump tariffs may accelerate restructuring of already struggling Japan auto industry
Nissan Motor Co. is struggling to draw a path to recovery as the major Japanese automaker recently announced a plan to ...
Honda Braces for a $4.4 Billion Tariff Bill
Tariffs could cost Japan's second-largest automaker up to 650 billion yen this financial year—equivalent to $4.4 billion and almost half last year’s profit. Reporting results Tuesday, Honda forecast a ...
Honda Motor reports 76% plunge in operating profit in huge earnings miss
Japanese auto giant Honda missed fourth-quarter earnings estimates as operating profit plunged 76%, with the company bracing ...
Honda faces 59% profit drop, pauses EV supply chain expansion in Canada
Honda's forecast is the latest signal of the difficulty car makers are having navigating tariffs alongside the rise of Chinese EV producers.
Trump tariffs live updates: Trump's pause on China tariffs still a 'nightmare' for small businesses
The move by the Trump administration to lower tariffs on goods from China to 30% from 120%, still offers limited reprieve for ...
Nissan to cut 20,000 jobs as Trump's tariffs complicate plans to escape its financial crisis
The beleaguered Japanese giant said on Tuesday it would cut 20,000 jobs and close seven factories by 2027 as it slips deeper ...
Economists estimate new tariff costs to range between $2,000 to $12,000 per vehicle
Anderson Economic Group has done the math based on the amended tariff policy from the White House and here is how it will ...
Ford vows to hold Honda 'accountable' after it postpones $15B Ontario EV project
Ontario Premier Ford is vowing to hold auto companies that pull out from Ontario "accountable" after news that ...
Toyota makes a disturbing announcement about tariffs
Some companies have not spoken out about what tariffs are costing them, but they have announced some changes in the pricing ...