Auto industry
Honda raises its profit forecast despite heavy EV charges
Honda raised its operating profit forecast for the fiscal year ending March 2027 to $4.93B (¥780.0B), up from $4.11B (¥650.0B). First-half (April–September) operating profit rose 48.1% to $4.10B (¥648.7B), even after $3.06B (¥484.8B) of EV-related losses. Honda points to North American demand for compact, fuel-efficient and hybrid models, plus record motorcycle volume, and says one-time tariff factors, including refunds, lifted first-half profit by $613M (¥97.0B) compared with a year earlier. Its financial services segment, mainly retail loans and leases, earned $1.33B (¥210.9B) in operating profit, up from $905M (¥143.2B) a year earlier, per Honda.
Sources: Link
The other stories from Tuesday, November 10, 2026.
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