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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 ...
Toyota Motor projects net profit will decline about 34 percent to 3.1 trillion yen, or 21 billion dollars, while Honda Motor forecasts a drop of around 70 percent to 250 billion yen or 1.7 ...
NET PROFIT FORECAST: Honda is expected to post a 26% drop in net profit to 175.13 billion yen, equivalent to $1.20 billion, for the three months ended March, according to a poll of analysts by LSEG.
The Japanese automaker confirmed it would cut 11,000 more jobs and slim down production.Nissan also saw its profit almost ...
All three of Japan’s largest carmakers are struggling with tough market conditions in the world’s two largest economies. In ...