Honda’s quarterly profits are halved as Trump’s tariffs bite

Honda vehicles in Alliston, Ontario, Canada. The carmaker is heavily reliant on tariff-hit Mexican and Canadian factories to produce cars for the US market. Photograph: Carlos Osorio/Reuters View image in fullscreen Honda vehicles in Alliston, Ontario, Canada. The carmaker is heavily reliant on tariff-hit Mexican and Canadian factories to produce cars for the US market.… Continue reading Honda’s quarterly profits are halved as Trump’s tariffs bite

Honda Motor Co., Ltd. (HMC:NYSE) announced its consolidated financial results for the fiscal first quarter ended June 30, 2025.

TOKYO, Aug. 6, 2025 /PRNewswire/ — Honda Motor Co., Ltd. today announced its consolidated financial results for the fiscal first quarter ended June 30, 2025. Q1 Ended June 30, 2025 Financial Results Operating Profit 244.1 bil. yen In motorcycle business, sales expanded in Brazil and Vietnam, achieving the highest operating profit. In automobile business, while tariff… Continue reading Honda Motor Co., Ltd. (HMC:NYSE) announced its consolidated financial results for the fiscal first quarter ended June 30, 2025.

Honda and the Honda USA Foundation Empower Millions of Individuals Across America through Annual Charitable Giving Campaign

Honda and the Honda USA Foundation contribute over $16.5 million during annual programmatic funding cycle This year’s funding supports 223 programs across five key corporate social responsibility pillars: Education, Environment, Mobility, Traffic Safety, and Community Contributions reinforce Honda’s long-term commitment to empower local communities through initiatives that align with the company’s vision to help people… Continue reading Honda and the Honda USA Foundation Empower Millions of Individuals Across America through Annual Charitable Giving Campaign

@Honda: Fastport eQuad, Flagship Product from New Honda Business Wins “Red Dot: Best of the Best 2025” Award in Red Dot Award: Design Concept

Honda today announced that the Fastport eQuad, an all electric micromobility vehicle for last mile delivery, has won the Red Dot: Best of the Best 2025 award in the Design Concept competition of the Red Dot Design Award *1 Moreover, two electric motorcycle concept models, the EV Fun Concept and the EV Urban Concept, were… Continue reading @Honda: Fastport eQuad, Flagship Product from New Honda Business Wins “Red Dot: Best of the Best 2025” Award in Red Dot Award: Design Concept

Toyota, Honda brace for profit falls as US tariffs, strong yen weigh

Toyota, Honda brace for weaker Q1 earnings as U.S. tariffs and strong yen offset robust hybrid demand. Toyota Motor and Honda Motor are expected to report weaker first-quarter earnings this week, as U.S. import tariffs and a stronger yen weigh on profits despite solid demand for hybrids in their biggest overseas markets. Japanese automakers face… Continue reading Toyota, Honda brace for profit falls as US tariffs, strong yen weigh

Autocar Professional’s August 1, 2025 Edition is out!

This edition of Autocar Professional delves into the growing importance of design as a key differentiator in the fast-changing automotive landscape. With AI-driven tools accelerating development and shrinking product life cycles, design is no longer an afterthought but a strategic advantage that can define market success. The cover story features exclusive insights from global design… Continue reading Autocar Professional’s August 1, 2025 Edition is out!

The Honda Prologue had a big month as sales shot up 83% in July

The Honda Prologue remained one of the top-selling EVs in the US after sales surged 83% in July. Honda’s electric SUV outsold the Ford Mustang Mach-E and Hyundai IONIQ 5 last month. Honda Prologue EV sales charge up in July Honda set several US sales records last month for light trucks (86,700) and electrified vehicles… Continue reading The Honda Prologue had a big month as sales shot up 83% in July

The Chevy Equinox EV crushed it in July, the best sales month ever for a non-Tesla EV

It wasn’t just the best sales month so far for the Chevy Equinox EV. It was the best for a non-Tesla EV in the US. The electric SUV is selling like hotcakes, driving GM’s EV sales up more than 115% in July. Chevy Equinox EV marks a first for a non-Tesla GM sold over 19,000… Continue reading The Chevy Equinox EV crushed it in July, the best sales month ever for a non-Tesla EV

ChargeScape and PSEG Long Island enroll BMW and Ford EVs in grid reliability program

ChargeScape, a joint venture between BMW, Honda, Ford and Nissan, has formed a partnership with PSEG Long Island to enroll EVs in the utility’s Peak Load Reduction program. Designed to alleviate strain on the power grid during summer months, the initiative will use ChargeScape’s software to integrate more than 4,000 BMW EV drivers and 2,200… Continue reading ChargeScape and PSEG Long Island enroll BMW and Ford EVs in grid reliability program

Hyundai CRETA Records Highest Passenger Vehicle Sales in India for First Seven Months of 2025

Hyundai Motor India Ltd. announced that its CRETA model became the highest-selling passenger vehicle across all segments in India from January to July 2025, recording sales of 1,17,458 units with an 8% year-on-year growth compared to the same period in 2024. The mid-size SUV category has expanded over the past ten years. Consumer demand has… Continue reading Hyundai CRETA Records Highest Passenger Vehicle Sales in India for First Seven Months of 2025