Japanese automobile giant Honda has posted its first annual financial loss in seven decades after its aggressive investments in electric vehicles failed to deliver the expected returns. The company reported an operating loss of ¥423 billion for the financial year ending March 2026, citing weaker-than-expected demand for electric vehicles and changing market conditions. Honda said…
Japanese automaker Honda has cancelled plans to launch three electric vehicle models in the United States only months before they were scheduled to enter production, a decision that could result in losses of up to $15.7 billion. The cancelled models include the Honda 0 SUV, Honda 0 Saloon, and the Acura RSX. The company had…
Sony Honda Mobility has announced that its first production vehicle, Afeela, will become the world’s first car to feature PlayStation Remote Play when deliveries begin in California in 2026. The joint venture between Sony and Honda said the integration will allow drivers and passengers to play games from their PlayStation 5 or PlayStation 4 consoles…
At the Consumer Electronics Show (CES) in Las Vegas, Honda made a significant stride into the electric vehicle (EV) market by introducing its latest concept cars, the Honda 0 Series. These prototypes provide an early glimpse into Honda’s upcoming line of electric vehicles, with the first model slated for production in 2026. As part of…
Japanese automaker Honda has issued a recall for more than 300,000 vehicles, citing faulty seat belts as the cause for concern. The recall, announced in a notice filed with the National Highway Traffic Safety Administration (NHTSA) on Tuesday, affects specific models including the 2023-2024 Accords and HR-Vs. The identified issue involves missing pretensioner rivets in…
Honda is preparing for its 75th anniversary and there may be more than just cake and ice cream on the menu. Honda Motor Europe Senior Vice President Tom Gardner gave a hint, saying “watch this space” as the company is turning 75 and “we had the S2000 at 50.” He added a disclaimer, saying “who…
Electronics brand Sony and car manufacturer Honda announced they would form a partnership, creating Sony Honda Mobility Inc. The new company will focus on developing and selling electric vehicles in the future, with the first cars from the partnership set to go on sale in 2026. The plan for the new company, due to be…
