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Honda's EV Shift Costs $2.6B, Dividends Hold Steady
Published 2 days, 6 hours ago
Description
Honda suffers massive loss, ditches EV goals: The automaker posts a record operating loss of $2.63 billion, blaming EV-related charges and scrapped development programs. Despite pausing Canadas EV plant, Honda remains optimistic about hybrids, gas models, and motorcycle sales, forecasting a rebound to $500 million operating profit and $26 billion net by March 2027.
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