Honda cuts annual operating profit outlook on EV cost hit, slow Asia sales
NegativeFinancial Markets

Honda cuts annual operating profit outlook on EV cost hit, slow Asia sales
Honda has revised its annual operating profit outlook downward due to increased costs associated with electric vehicle production and sluggish sales in Asia. This adjustment highlights the challenges the automaker faces in adapting to the rapidly changing automotive landscape, particularly as it shifts focus towards EVs. Investors and consumers alike should pay attention to how Honda navigates these hurdles, as it could impact their market position and future innovations.
— via World Pulse Now AI Editorial System





