Honda has reported its first operating loss since 1957, marking a historic moment for Japan’s second-largest automaker. The company confirmed the loss on Thursday while announcing major changes to its electric vehicle (EV) strategy, especially in the United States its biggest market. Despite the disappointing financial results, investors appeared optimistic about Honda’s long-term plans, with the company’s shares rising after it projected a return to profitability in 2026. Honda’s Financial Performance Honda reported an operating loss of 413.4 billion yen (approximately $2.6 billion), mainly due to heavy write-downs related to…
Read MoreHonda Reports First Operating Loss in Decades Amid Major EV Strategy Shift
