Latest Honda Motor Co Ltd News

Japanese automaker Honda reports booming profit on sales growth, weak yen

May. 10, 2024 10:08 AM EDT

TOKYO (AP) — Honda’s profit for the fiscal year through March jumped 70% as vehicle sales grew and a weak yen buoyed overseas earnings, the Japanese automaker reported Friday. Annual profit at Tokyo-based Honda Motor Co. totaled 1.1 trillion yen ($7 billion) as sales surged...

Honda planning to expand its electric vehicle efforts in Canada, Toyota expands in Indiana

Apr. 25, 2024 12:38 PM EDT

Honda plans to invest $11 billion, with the help of joint venture partners, to build out its electric vehicle efforts in Canada as it prepares for future demand in North America for the automobiles. The company said Thursday that it has started evaluating the requirements to build an...