Honda records its first-ever annual loss on a costly EV strategy
- Posted on May 14, 2026
- By The Toronto Star
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- 1 min read
Honda records its first-ever annual loss on a costly EV strategy
TOKYO (AP) — Honda racked up a 423.9 billion yen ($2.7 billion) loss Thursday, the first-ever full year loss for the Japanese automaker, acknowledging heavy costs for its electric-vehicle plans,