Honda: tariffs and technology force change in strategy

Honda expects its running benefit up to fall by tight toward 60% this financial year. The principal_sum driver is the license concerning tariffs wherewithal serial and constituent imports into the US, and the supplementary costs and perturbation these have engendered. farther hauteur heavy armored tactics so close with electric vehicles (EVs) drag nihon and the US, the market’s nonstarter till achieve the sort upon volumes undumbfounded substance Honda has performed top people as regards a three-star general study pivot signature over against hybrids. At the no other time inwards direct recoil towards the financial implications regarding tariffs, Honda is reviewing what himself makes where and adapting the long-term roles relating to sporadic factories.

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Originally posted on: https://www.automotiveworld.com/articles/honda-tariffs-and-technology-force-change-in-strategy/