Source: International Business Times
Honda said it expects net profit of 250 billion yen ($1. 7 billion) in the year to March 2026 AFP Japan's Honda Motor on Tuesday forecast a 70 percent drop in net profit for the 2025-26 financial year as US trade tariffs weigh on the global auto industry. The announcement comes after rival Toyota, the world's top-selling carmaker, predicted a 35 percent year-on-year drop in annual net profit because of the levies and other factors.
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