The Latest Breaking News from Toshihiro Mibe

Honda targets 20% cost cuts, faster car development in India with Tata Technologies: Report

Honda Motor aims to decrease costs and development times by outsourcing vehicle production to Tata Technologies in India. The partnership is expected to lead to significant savings of up to 20% and shorter development timelines. Honda is currently facing financial pressures and is shifting focus toward hybrids and cost-cutting measures.…

The Economic Times · 16h ago

Honda's CEO Survived A Revolt After The Automaker's Worst Year In Decades: Report

Honda posted its first annual loss in nearly 70 years, and former execs reportedly weren't happy.

Motor1 · Jun 10

INSIGHT-How Honda's old guard tried, and failed, to oust its CEO

Honda is encountering significant disputes as a faction of retired executives pushes for the removal of CEO Toshihiro Mibe. Citing his failure to adequately address the Chinese market and a poorly-conceived EV initiative, they argue that his leadership has culminated in detrimental financial losses. Despite the unfolding crisis, Mibe has…

The Economic Times · Jun 9

Honda records its first-ever annual loss on a costly EV strategy

Honda says it racked up a full-year loss for the first time ever, losing $2.7 billion in the last fiscal year due to a costly electric-vehicle strategy

The Independent UK · May 14

Honda Motor Q4 Earnings Call Highlights

Honda Motor (NYSE:HMC) reported a full-year operating loss after booking large EV-related charges, while executives outlined a broad reset of the automaker’s electrification and automobile business strategy. Director, President and Representative Executive Officer Toshihiro Mibe said Honda recorded

MarketBeat · May 14

'We Have No Chance Against This': Honda Reacts To China's Supplier Strength

It’s safe to say that Honda is in a bit of a pickle. It recently canceled two of its own electric vehicles, the 0 SUV and 0 Sedan, along with the Acura RSX revival. It will book up to $15.8 billion in losses, and that’s not all. The two Afeela-badged…

Motor1 · Apr 6

Honda Had Big Plans For Affordable EVs. Here's What Went Wrong

Honda has had to rework its electrification strategy as it reacts to a far more anti-EV environment in the U.S. and its own challenges.

InsideEVs · Nov 5, 2025

Honda Wants to Make the 'World's Most Efficient' Hybrids

As electric vehicle enthusiasm wanes and more buyers pivot back to traditional gas cars and hybrids, many automakers are doing the same. Honda has already hinted at slowing its roll on EV production, and now the Japanese automaker wants to go all-in on hybrids.

Motor1 · Jun 5, 2025

Honda pulls back on EV strategy for now and will push hybrid sales

Honda says electric vehicle sales were slowing in the U.S., prompting the Japanese automaker to scrap its previous goal of having EVs reach 30% of its global vehicle sales by 2030

The Independent UK · May 20, 2025

Japan's Honda projects plummeting profits due to Trump's tariffs

Honda has reported its profit for the fiscal year through March slipped 24.5% from the previous year as its vehicle sales in China dropped

The Independent UK · May 13, 2025