New York Times
US · 2 hrs ago
✦ 78◉ Centre
Honda Posts First Ever Annual Loss After Pullback From EVs
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Credibility 78/100
Partisan intensity 25/100
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◉ Centre ✓ Fair headline
Honda reported its first annual loss since 1957, attributing the loss to substantial financial charges related to scaling back its electric-vehicle development plans.
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.
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