The Business Times
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Honda

Transport & Logistics

Honda CEO apologises for company’s loss, wins investor backing at annual meeting

2026-06-26T05:49:30.000Z
Honda CEO Toshihiro Mibe, who became CEO in 2021, will accept a 30% pay cut for three months to take responsibility for the annual loss.
Transport & Logistics

How Honda’s old guard tried, and failed, to oust its CEO

2026-06-09T07:19:50.000Z
Honda has struggled to keep up with intense competition as the global automobile industry shifts towards electrification and automation.
Transport & Logistics

Honda forecasts profit recovery after first ever annual loss

2026-05-14T05:53:46.000Z
Honda is struggling with shrinking sales in key Asian markets as it faces growing competition from rivals, including South Korean and Chinese brands.
Transport & Logistics

Honda to halt South Korea car sales, highlighting strain across Asian markets

2026-04-23T08:28:34.000Z
Honda will shut a plant jointly operated with Guangzhou Automobile Group in June and another one owned with Dongfeng Motor Group next year, the magazine said.
Transport & Logistics

Honda to shut two plants in China jointly owned with GAC, Dongfeng, magazine says

2026-04-17T01:34:12.000Z
Honda expects to incur as much as 2.5 trillion yen in expenses and losses over multiple financial years due to strategy shift.
Transport & Logistics

Honda flags operating loss of as much as US$3.6 billion this fiscal year

2026-03-12T08:24:38.000Z
Honda said its automobile business slipped into an operating loss over the nine-month period to the end of December.
Transport & Logistics

Honda reports more than 60% drop in third-quarter operating profit

2026-02-10T08:20:08.000Z
Chinese luxury car brand Hongqi has launched the E-HS9, an EV that could cost around S$500,000.
Global Enterprise

China brands go upmarket as Japan mounts EV charge at Singapore Motorshow

2026-01-08T11:41:08.000Z
The asset sale comes after LGES said Ford Motor terminated an EV battery supply deal worth about 9.6 trillion won (S$8.5 billion).
Transport & Logistics

LG Energy Solution unit to sell US$2.86 billion US factory assets to Honda

2025-12-24T08:48:24.000Z
The chip shortage has prompted Honda to reduce its sales forecast to to 3.34 million units from 3.62 million.
Transport & Logistics

Chip shortage lingers as Honda to halt output in Japan, China

2025-12-18T02:24:00.000Z
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