Honda Motor Co Reports First Annual Loss Since 1957 Amid USD 10 Billion EV Strategy Pivot and US Policy Shifts

Honda Motor Co reported its first full-year operating loss in nearly 70 years, as it faced a costly reassessment of its EV strategy. The company posted a net loss of 423.9 billion yen ($2.7 billion) for fiscal year ending March 2026, driven by write-offs in North America and weakening demand for electric vehicles.