13
May
May
Honda Faces Sharp Profit Decline Amid U.S. Tariffs and Slowing China Sales
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News Editor / 4 months
- 0
- 2 min read
Honda Motor Co. has reported a substantial decline in its fiscal year profits, citing increased U.S. tariffs and a slowdown in China’s automotive market as primary factors. The Japanese automaker’s net profit fell by 24.5% to ¥835.8 billion ($6.2 billion) for the fiscal year ending March 31, 2025, down from ¥1.1 trillion the previous year. […]
