Daily Mail
UK · 34 mins ago
✦ 78◉ Centre
Honda posts first annual loss in 70 YEARS as Japanese car giant blames poor EV sales
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Credibility 78/100
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◉ Centre ✓ Fair headline
Honda has posted its first annual operating loss in 70 years, with the Japanese automaker blaming weaker-than-expected electric vehicle demand for the ¥423bn (£1.99bn) loss in the year ending March 2026.
Honda posts first annual loss in 70 YEARS as Japanese car giant blames poor EV sales
Bosses said demand for EVs has not been as strong as forecast as the company revealed total operating losses for the year ending March 2026 of ¥423bn (£1.99bn).
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