The Business Times

Honda

ASEAN Business

As Thailand’s EV adoption grows, its automotive market wrestles with aftershocks 

Honda now expects to sell 925,000 vehicles in Asia, including China, in the current financial year, a decline of more than 10 per cent from its previous target of 1.09 million cars.
Transport & Logistics
ANALYSIS

Honda’s bigger threat comes from China's EV makers, not tariffs or chips

Nexperia said it could not confirm that its chip supplies had restarted.
Transport & Logistics

Some Nexperia chip shipments resume as Germany welcomes ‘de-escalation’

Signage displayed at the Honda Motor Co. headquarters in Tokyo, Japan, on Wednesday, Dec. 18, 2024. Nissan Motor Co. is in talks with fellow Japanese carmaker Honda Motor Co. to merge, in a deal that would help the ailing company survive, while also creating the world's third-largest automaker with a better chance of withstanding the industry's ructions. Photographer: Kiyoshi Ota/Bloomberg
Transport & Logistics

Honda cuts annual operating profit outlook on EV cost hit, slow Asia sales

Nexperia’s chips are widely used in automotive components, making the supply crunch the latest challenge for an industry already grappling with US tariffs and Chinese curbs on rare earths.
Global Enterprise

Global automakers scramble for chips as Nexperia supply crunch threatens production

Vietnam’s two-wheeler market is one of the world’s largest – worth an estimated US$4.6 billion this year
ASEAN Business

Japan warns Vietnam of job losses as Hanoi petrol-powered motorbikes ban hits Honda

Petrol motorcycles dominate Vietnam’s market, one of the world’s largest.
Transport & Logistics

Honda’s grip on Vietnam motorcycle market looks shaky on EV switch

Dongfeng has seen annual deliveries slump from a peak of 3.8 million vehicles in 2016 to 1.5 million last year.
Transport & Logistics

Dongfeng Motor to sell 50% stake in joint venture with Honda

Honda said the steep 27.5% tariffs on US auto imports pulled down its operating profit for the quarter by about 125 billion yen.
Transport & Logistics

Honda posts 50% fall in Q1 operating profit on tariffs, lifts full-year forecast

Automakers have so far refrained from large, across the board price increases.
Transport & Logistics

US auto sales lose steam after tariff-induced shopping spree

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