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CNBC's Phil LeBeau joins 'Squawk on the Street' to discuss earnings reports from Honda and Nissan.
TOKYO , May 13, 2025 /PRNewswire/ -- Honda Motor Co., Ltd. today announced its consolidated financial results for the fiscal year ended March 31, 2025.
Honda Motor (NYSE:HMC) shares edged up 1% in Tokyo on Tuesday, holding steady despite a stark warning from the company that it expects a 59% drop in profits this year. Investors appeared to take comfort in the fact that the news, though disappointing, was neither a shock nor worse than feared.
The carmaker projected a sharp drop in profit as it expects to be hit by higher U.S. tariffs on foreign-made cars.
Honda Motor reports 76% plunge in operating profit in huge earnings miss
Japan's Honda Motor forecast a 59% profit decrease for the current financial year on Tuesday as the impact of U.S. President Donald Trump's tariffs and a stronger yen offset gains from demand for its hybrid lineup.
Tewksbury, Massachusetts--(Newsfile Corp. - May 12, 2025) - Atamian Honda, one of Massachusetts' most respected and enduring automotive dealerships, proudly announces the celebration of its 50th anniversary. Since opening its doors in 1976, the dealership-located at 150 Main Street in Tewksbury-has become a trusted name for generations of car buyers, offering top-tier service, a wide selection of vehicles, and a deep commitment to the community it calls home.
Discover Honda's tech evolution: A deep dive into digital transformation, innovation programs, and strategic tech initiatives. Learn about partnerships, product launches, investments, acquisitions, and ICT budgets. Unlock insights into Honda's future-focused tech strategies and initiatives. Discover Honda's tech evolution: A deep dive into digital transformation, innovation programs, and strategic tech initiatives. Learn about partnerships, product launches, investments, acquisitions, and ICT budgets. Unlock insights into Honda's future-focused tech strategies and initiatives.
Tariffs will quickly batter U.S. car sales as some prices rise by $5,000 to $10,000.
Honda on Wednesday issued a return-to-office order for its US-based staff. The internal memo says that employees must work in the office at least 80% of the time by October 6.