Honda set for first operating loss amid EV overhaul – report

Summary: Honda Motor faces its first operating loss since 1957, projected at approximately Y400bn for fiscal year ending March 2026. The loss stems from cancelled EV models and restructuring costs exceeding Y2.5tn. Despite this setback, Honda expects profitability recovery in 2027, supported by motorcycle sales and favourable currency conditions.

Brands mentioned: Honda, Acura