Honda: tariffs and know-how pressure change in technique

Honda expects its working revenue to fall by near 60% this monetary 12 months. The principal driver is the imposition of tariffs on car and part imports into the US, and the extra prices and disruption these have engendered. Additional, regardless of heavy funding to make electrical autos (EVs) in Japan and the US, the market’s failure to attain the form of volumes anticipated means Honda has carried out one thing of a serious know-how pivot again to hybrids. On the identical time, in direct response to the monetary implications of tariffs, Honda is reviewing what it makes the place and adapting the long-term roles of varied factories.