Honda’s Q3 profit plunges 61% to ¥153.4B thanks to EV restructuring and tariffs

Honda’s third-quarter earnings report was released on Tuesday, and it showed that profit dropped 61% to ¥153. 4 billion. The damage came from weak electric vehicle demand and heavy tariffs tied to U. S. President Donald Trump, now in office in 2026. The Japanese automaker said one-time EV expenses crushed earnings. Losses on electric cars sold in […] source: https://www.cryptopolitan.com/hondas-q3-profit-plunges-61-to-%c2%a5153-4b/