Honda Posts Historic Loss as EV Strategy Faces Major Hurdles Amid US Policy Shifts
In a surprising turn of events, Honda, one of Japan’s oldest and most revered automakers, reported its first annual financial loss in nearly 70 years. The company’s $2.7 billion deficit marks a stark departure from its tradition of consistent profitability, with its recent struggles largely attributed to its ambitious electric vehicle (EV) push. Honda’s gamble on expanding its electric vehicle portfolio has been a central pillar of its future strategy. However, recent market and regulatory shifts have significantly impacted this plan. The company announced that it incurred approximately $9 billion in restructuring costs as a result of decreased demand for












