Honda Reports First Annual Loss in 67 Years Amid EV Strategy Shift
Honda has reported its first annual net loss in 67 years, since 1957, primarily due to substantial charges related to a reset or pullback in its electric vehicle (EV) strategy. Despite the loss, some reports indicate a positive outlook for future profitability.
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Honda Posts First Ever Annual Loss After Pullback From EVs
Honda posted its first loss since 1957 as it took a multibillion-dollar hit from scaling back its electric-vehicle plans.
By River Akira Davis
Read full article →Honda slumps to first annual loss on $9bn EV charge
Japan’s second-biggest carmaker reports worse than expected result but forecasts return to profit this year
Read full article →Honda reports first loss since 1957 as it waters down EV strategy, but shares rise on 2026 forecasts
The Japanese carmaker pursued an aggressive switch towards electric vehicles that it's now trying to walk back. Despite posting its first loss on record, its share price spiked on more buoyant predictions for 2026.
Read full article →Honda takes $10 billion hit on EVs and posts net loss
The automaker is canceling models, moving toward hybrids and making a push in India.
Read full article →
