Honda makes its first annual loss in 70 years
Honda Posts Its First Loss in 70 Years. The Other 69 Were Profitable.
What Happened
Honda Motor Co. has reported its first annual net loss in approximately 70 years. The loss comes amid mounting pressures in the automotive industry, including the costly transition to electric vehicles, intensifying competition from Chinese automakers, and broader global economic headwinds affect...
What's In Your Control
Whether you own Honda stock and choose to review your portfolio calmly. Whether you're in the market for a car and want to factor brand stability into your decision. Nothing else, for most people.