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Japanese Automaker Toyota Cuts Profit Forecast Amid Trump Tariff Threat
The Trump administration in April imposed a 25 percent levy on Japanese cars imported into the United States, dealing a hefty blow to Japan and its crucial auto sector.
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Honda Lowers Profit Outlook 15 Per Cent Amid Chip Shortage
Honda's production plans have been hit by the shortage, with global output in September falling 30 per cent from a year ago.
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Toyota, Honda Beat Profit Estimates But Warn Of Extended Chip Crunch
A resurgence in COVID-19 cases has disrupted parts supplies and production at car companies, compounding a months-long pandemic-fuelled chip crunch.
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Honda Swings To Q1 Operating Profit, Trounces Estimates
Operating profit at Japan's No.2 car maker by sales for the three months ended June 30 was double the average profit estimate of 119.2 billion yen based on nine analysts surveyed by Refinitiv.
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Toyota, Honda Beat Profit Estimates But Are Wary Of Extended Chip Crunch
Toyota Motor Corp posted a record quarterly profit on Wednesday and Honda Motor Co raised its annual profit estimate as pandemic-hit sales rebounded, but the automakers saw no end in sight to the global chip shortage.
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Honda Doubles Profit Forecast, Boosted By China Rebound
Honda Motor Co on Friday more than doubled its full-year operating profit forecast as it reported second-quarter earnings grew 28% amid a rebound in China after auto sales were squeezed by the impact of the coronavirus pandemic.
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Honda Sees 68 Per Cent Drop In Annual Profit As Coronavirus Slams Car Sales
Honda sank into the red for the second straight quarter and posted its worst operating loss since the March 2009 quarter.
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Honda Profits Shrink To Four-Year Low, Coronavirus Clouds Outlook
Honda Motor Co on Tuesday posted its lowest operating profit in four years and refrained from releasing an earnings outlook for the current year because of uncertainty about the longer-term impact of the coronavirus on global car demand.
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Honda's Hachigo Seizes The Wheel As Quality Crisis Hits Profits
Takahiro Hachigo has been quietly working on reforms to centralise decision-making by bringing Honda's standalone research & development (R&D) division in-house and cutting some senior management roles, according to three Honda insiders.
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Honda Cuts Operating Profit Forecast; To Buy Back $915 Million Shares
Japan's No.3 automaker now expects an operating income of 690 billion yen for the year to March 2020, the lowest since the year-ended March 2016
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Japanese Automaker Toyota Cuts Profit Forecast Amid Trump Tariff Threat
The Trump administration in April imposed a 25 percent levy on Japanese cars imported into the United States, dealing a hefty blow to Japan and its crucial auto sector.
-
Honda Lowers Profit Outlook 15 Per Cent Amid Chip Shortage
Honda's production plans have been hit by the shortage, with global output in September falling 30 per cent from a year ago.
-
Toyota, Honda Beat Profit Estimates But Warn Of Extended Chip Crunch
A resurgence in COVID-19 cases has disrupted parts supplies and production at car companies, compounding a months-long pandemic-fuelled chip crunch.
-
Honda Swings To Q1 Operating Profit, Trounces Estimates
Operating profit at Japan's No.2 car maker by sales for the three months ended June 30 was double the average profit estimate of 119.2 billion yen based on nine analysts surveyed by Refinitiv.
-
Toyota, Honda Beat Profit Estimates But Are Wary Of Extended Chip Crunch
Toyota Motor Corp posted a record quarterly profit on Wednesday and Honda Motor Co raised its annual profit estimate as pandemic-hit sales rebounded, but the automakers saw no end in sight to the global chip shortage.
-
Honda Doubles Profit Forecast, Boosted By China Rebound
Honda Motor Co on Friday more than doubled its full-year operating profit forecast as it reported second-quarter earnings grew 28% amid a rebound in China after auto sales were squeezed by the impact of the coronavirus pandemic.
-
Honda Sees 68 Per Cent Drop In Annual Profit As Coronavirus Slams Car Sales
Honda sank into the red for the second straight quarter and posted its worst operating loss since the March 2009 quarter.
-
Honda Profits Shrink To Four-Year Low, Coronavirus Clouds Outlook
Honda Motor Co on Tuesday posted its lowest operating profit in four years and refrained from releasing an earnings outlook for the current year because of uncertainty about the longer-term impact of the coronavirus on global car demand.
-
Honda's Hachigo Seizes The Wheel As Quality Crisis Hits Profits
Takahiro Hachigo has been quietly working on reforms to centralise decision-making by bringing Honda's standalone research & development (R&D) division in-house and cutting some senior management roles, according to three Honda insiders.
-
Honda Cuts Operating Profit Forecast; To Buy Back $915 Million Shares
Japan's No.3 automaker now expects an operating income of 690 billion yen for the year to March 2020, the lowest since the year-ended March 2016
