Honda forecasts 70% net profit drop citing ‘tariff impact’
Tokyo (AFP) - Japan's Honda Motor on Tuesday forecast a 70 percent drop in net profit for the 2025-26 financial ...
Friday, May 1, 2026
Tag: automotive industry
US automakers blast Trump’s UK trade deal
New York (AFP) - The Trump administration's latest trade deal with Britain unfairly penalizes US automakers that have partnered with ...
EU parliament backs emissions reprieve for carmakers
Strasbourg (France) (AFP) - EU lawmakers on Thursday gave the green light to a delay for European carmakers to meet ...
Toyota cites tariffs as it forecasts 35% net profit drop
Tokyo (AFP) - Japanese auto giant Toyota forecast on Thursday a 35 percent year-on-year drop in net profit for the ...
BMW upbeat on riding out US tariff chaos
Frankfurt (Germany) (AFP) - German premium carmaker BMW said Wednesday that it expected to largely ride out the impact of ...
Ford sees $1.5 bn tariff hit this year, suspends 2025 forecast
New York (AFP) - Ford reported a 65 percent drop in first-quarter profits Monday, citing a near-term drag on auto ...
GM cuts shift at Canada plant over ‘evolving trade environment’
Ottawa (AFP) - General Motors said Friday it would reduce the number of shifts at a truck assembly plant in ...
Trump vs Toyota? Why US cars are a rare sight in Japan
Fukaya (Japan) (AFP) - With their sleek curves and chrome grilles, the classic American cars on sale at Yosuke Fukuda's ...
GM cuts 2025 outlook, projects up to $5 bn hit from tariffs
New York (AFP) - General Motors pledged Thursday to take additional steps to boost its US supply chain after projecting ...
More automakers drop earnings guidance over tariffs
Paris (AFP) - Germany's Mercedes-Benz and US-European group Stellantis, whose brands include Jeep, Peugeot and Fiat, joined other automakers Wednesday ...
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