Honda, Net Profit
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All three of Japan’s largest carmakers are struggling with tough market conditions in the world’s two largest economies. In the U.S., tariffs have roiled their global supply chains, and in China, they face competition from domestic car companies that sell next-generation electric vehicles at cutthroat prices.
Honda is the latest automaker to warn of a massive hit to its profits as a result of President Trump's auto tariffs.
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Zacks.com on MSNCPI Inflation Rate at +2.3%, Earnings Reports MixedPre-market futures are mixed after one of the best sessions in the stock market in years. With the surprise stepping-down of UnitedHealthcare UNH CEO Andrew Witty for “personal reasons,” effective immediately,
Poland-based Volonaut has revealed their Airbike: a small one-person vehicle said to be able to fly at 124 mph. CNBC's Phil LeBeau joins 'Squawk on the Street' to discuss earnings reports from Honda and Nissan.
Yahoo Finance host Madison Mills tracks today's top moving stocks and biggest market stories in this Market Minute, including automaker Honda (HMC), sportswear apparel giant Under Armour (UAA, UA), and First Solar (FSLR).
Honda Canada is postponing a $15-billion electric vehicle investment project in Ontario, including a proposed EV battery plant and retooled vehicle assembly facility.