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Honda slumps to first annual loss since going public in 1950s
Despite posting its first loss on record, its share price spiked on more buoyant predictions for 2026.
Honda announced Thursday its first operational loss since 1957 after a major overhaul of its electric vehicle strategy in the United States.
Honda Forecasts Profit Recovery After First Ever Annual Loss
Honda racked up a 423.9 billion yen ($2.7 billion) loss Thursday, the first-ever full year loss for the Japanese automaker, acknowledging heavy costs for its electric-vehicle plans, stemming from President Donald Trump’s pro-U.S. policies.
