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@kahawatungu Thu, 14 May 2026 16:15:22

Honda makes its first annual loss in 70 years

Japanese car giant Honda made its first annual loss in 70 years as its investments in the electric vehicle (EV) market failed to pay off. Demand for EVs has not been as strong as the company forecast, with Honda reporting a total operating loss for the year ending March 2026 of ¥423bn ($2.68bn: £1.99bn.). The [...] The post Honda makes its first annual loss in 70 years appeared first on Kahawatungu.

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