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The Latest Breaking News from Toshihiro Mibe

After Honda's first annual loss in 70 years, what does it mean for its F1 project?

Honda has posted a $2.68billion loss over the past year. The F1 project is not directly affected, but the background behind the news is more interesting than the raw figures themselves

Autosport

Honda reports first annual loss in 70 years, what does it mean for its F1 project?

Honda has posted a $2.68billion loss over the past year. The F1 project is not directly affected, but the background behind the news is more interesting than the raw figures themselves

Motorsport

The Gas Engine Lives On: Honda Abandons Plan To Go Fully Electric By 2040

The beginning of this decade was chock-full of announcements from automakers pledging to sell only electric vehicles within a certain number of years. However, most companies were overly optimistic about their EV goals and have since had a change of heart. Although electric vehicle sales continue to rise globally, growth…

Motor1

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Will start introducing India-specific models from 2028, to leverage on 2W biz: Honda Global CEO

Honda plans to launch new car models specifically for India starting in 2028. The company will use its strong motorcycle sales to encourage customers to upgrade to cars. India is a key market for Honda's future growth. Production capacity for two-wheelers will also increase. Honda aims to strengthen its automotive…

The Economic Times

Honda records its first-ever annual loss on a costly EV strategy

Honda says it racked up a full-year loss for the first time ever, losing $2.7 billion in the last fiscal year due to a costly electric-vehicle strategy

The Independent UK

Honda Motor Q4 Earnings Call Highlights

Honda Motor (NYSE:HMC) reported a full-year operating loss after booking large EV-related charges, while executives outlined a broad reset of the automaker’s electrification and automobile business strategy. Director, President and Representative Executive Officer Toshihiro Mibe said Honda recorded

MarketBeat

'We Have No Chance Against This': Honda Reacts To China's Supplier Strength

It’s safe to say that Honda is in a bit of a pickle. It recently canceled two of its own electric vehicles, the 0 SUV and 0 Sedan, along with the Acura RSX revival. It will book up to $15.8 billion in losses, and that’s not all. The two Afeela-badged…

Motor1

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Honda Had Big Plans For Affordable EVs. Here's What Went Wrong

Honda has had to rework its electrification strategy as it reacts to a far more anti-EV environment in the U.S. and its own challenges.

InsideEVs

Honda Wants to Make the 'World's Most Efficient' Hybrids

As electric vehicle enthusiasm wanes and more buyers pivot back to traditional gas cars and hybrids, many automakers are doing the same. Honda has already hinted at slowing its roll on EV production, and now the Japanese automaker wants to go all-in on hybrids.

Motor1

Honda pulls back on EV strategy for now and will push hybrid sales

Honda says electric vehicle sales were slowing in the U.S., prompting the Japanese automaker to scrap its previous goal of having EVs reach 30% of its global vehicle sales by 2030

The Independent UK

Japan's Honda projects plummeting profits due to Trump's tariffs

Honda has reported its profit for the fiscal year through March slipped 24.5% from the previous year as its vehicle sales in China dropped

The Independent UK

Honda Forecasts 70% Net Profit Drop Citing 'Tariff Impact'

Japan's Honda Motor on Tuesday forecast a 70 percent drop in net profit for the 2025-26 financial year as US trade tariffs weigh on the global auto industry.

International Business Times

Honda Rocked by Scandal: EVP Quits Over 'Inappropriate Behaviour' as CEO Punished With 20% Pay Cut

Honda's executive vice president has resigned over 'inappropriate behaviour' at a social event, prompting the CEO to take a 20% pay cut in response to the scandal.

International Business Times UK

Honda Still Might Have Saved Nissan

The Honda-Nissan merger plan is dead.

InsideEVs

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InsideEVs

Honda And Nissan Might Still End Up Together, But There’s A Big ‘If’: Report

The merger between Honda and Nissan would have created the world’s fourth-largest automaker. However, the negotiations fell apart last week, partly because Nissan believed it should be seen as an equal rights member of the tie-up, while Honda demanded Nissan become a fully owned subsidiary.

International Business Times

Japan's Honda And Nissan Scrap Merger Talks

Japanese auto giants Honda and Nissan confirmed on Thursday they had scrapped merger talks that would have created the world's third-largest automaker by unit sales.

Motor1

Nissan Wants to Replace Honda With a Different Partner: Report

The Nissan-Honda merger saga continues with a new episode that takes an interesting twist. Although an official announcement has yet to be made, multiple reports have stated that the plan to form a new holding company has been scrapped. Reuters cites people familiar with the matter as claiming Nissan CEO Makoto Uchida…

InsideEVs

What Honda And Nissan Aren’t Telling Us About Their Merger

The rapidly advancing electric vehicle industry often raises more questions than it answers. The Honda-Nissan merger is no different. When complete, it would become the world’s third-largest automaker, but many details remain under wraps. Perhaps they're waiting for clarity on EV policy after Trump's inauguration, or maybe the complexities of…

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InsideEVs

Honda's CEO Struggles To Explain Why Nissan Merger Makes Sense

Honda's CEO just had a pretty awkward press moment related to its potential merger with Nissan. When asked why Nissan would make a good business partner for the mid-sized automaker, Toshihiro Mibe struggled to find the right words before blurting out something that brought laughter to a room full of…

Al Jazeera

Nissan, Honda announce merger, creating world’s third-largest carmaker

Plans, which include Mitsubishi, announced as Japan tries to gain foothold in electric vehicle market.

Evening Standard

Honda and Nissan set to merge forming world's third largest automaker

Japanese carmakers Honda and Nissan have announced plans to merge, creating the world's third largest automaker

Top News

Honda And Nissan To Form World's Third-Largest Automaker

Honda and Nissan plan to merge, focusing on electric vehicles and cost-cutting to enhance competitiveness in the evolving automotive market.

InsideEVs

America Is Divided: Let China's Automakers Build Here, Or Not?

“I want to see this area have more jobs... but we must not welcome companies that are controlled by people who see us as the enemy,” one elected official said.

InsideEVs

Why Nissan, Honda And Mitsubishi Had To Team Up

Today on Critical Materials: Honda-Mitsubishi-Nissan partnership goes live, GM explains it giving up on EVs, and Tesla's CEO warns of wide hardware obsolescence

The Independent UK

Japan rivals Nissan and Honda will share EV components and AI research as they play catch up

Japanese automakers Nissan and Honda say they plan to share components for electric vehicles like batteries and jointly research software for autonomous driving

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