Episode

Honda’s EV Bet Backfires As Automaker Faces Historic $2.5 Billion Loss

Podcast: Autoblog News
Published: May 11, 2026
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Canonical source: https://www.autoblog.com/news/hondas-ev-bet-backfires-as-automaker-faces-historic-2-5-billion-loss
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Summary

Honda Motor is staring down a financial hole it has not seen in nearly seven decades. The company is set to report an operating loss of around 400 billion yen ($2.55 billion) for the fiscal year ended March 2026, as per Reuters. It will mark its first operating loss since going public in 1957. To ...