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Honda Faces Historic Loss Amid U.S. Policy Shifts

3/13/2026

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Story summary
  • Honda Motor Co. expects charges up to ¥2.5 trillion ($15.7 billion).
  • Honda will report its first annual loss since 1977.
  • The company cites U.S. policy changes, including the expiration of EV tax credits and tariffs, as key factors.
  • Honda's projected fiscal-year loss ranges from ¥420 billion to ¥690 billion.
  • Honda will announce a revised strategy in May.