Honda Projects First Loss Since 1957 - $15.7 Billion - Thanks To EV Strategy Fail [zero hedge]
Honda Motor Company, Ltd. (HMC)
Last honda motor company, ltd. earnings: 2/7 03:16 am
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Source: zero hedge
Honda Projects First Loss Since 1957 - $15.7 Billion - Thanks To EV Strategy Fail Authored by Rob Sabo via The Epoch Times (emphasis ours), A reassessment of Honda Motor Co., Ltd., corporate electric vehicle (EV) strategy and planned cancellation of three EV models for the North American market could lead to losses totaling approximately $15.7 billion for its fiscal year ending March 31, the company said in a news release on March 12. A Honda SUV e: Prototype electric vehicle is displayed during a media day for the Auto Shanghai show in Shanghai, China, on April 20, 2021. Aly Song/Reuters It would be the first time Honda has posted an annual loss since its shares were first listed on the Tokyo Stock Exchange in 1957. Honda said it initiated a strategic shift in its manufacturing plans towards electrification due to major policy changes in the United States that pushed for widespread adoption of EVs—especially in smaller passenger vehicles—as a long-term solution for reaching carbon ne
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News
- Death by Tariffs: Volvo Discontinuing Entry-Level EX30 EV in the US [CNET News]CNET News
- Honda Warns of $15.7 Billion EV Charge as Auto Business Losses Deepen [Yahoo! Finance]Yahoo! Finance
- Honda cancels 3 planned EV models for US [FOX Business Network]FOX Business Network
- War's impact on oil prices shifts interest about used EV market [USA TODAY]USA TODAY
- Honda Motor Co., Ltd. (HMC) Q4 2026 Press Conference Call Transcript [Seeking Alpha]Seeking Alpha
HMC
Sec Filings
- 3/12/26 - Form 6-K
- 2/10/26 - Form 6-K
- 12/16/25 - Form 6-K
- HMC's page on the SEC website