Honda to reduce 59% profit due to US tariffs
Honda Motor Co. has predicted that its operating profit will drop by 59% this financial year. The company expects to earn 500 billion yen (around $3.38 billion) by March 31, 2026, compared to 1.21 trillion yen in the previous year. This big decline is mainly due to the effects of tariffs on foreign-made cars introduced … Read more
