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The Latest Breaking News from Toshihiro Mibe

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.

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

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

After Honda's first annual loss in 70 years, what does it mean for its F1 project?

After Honda's first annual loss in 70 years, what does it mean for its F1 project?

Honda has posted a $2.68billion loss over the past year. The F1 project is not directly affected, but the background behind the news is more interesting than the raw figures themselves

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Honda reports first annual loss in 70 years, what does it mean for its F1 project?

Honda has posted a $2.68billion loss over the past year. The F1 project is not directly affected, but the background behind the news is more interesting than the raw figures themselves

The Gas Engine Lives On: Honda Abandons Plan To Go Fully Electric By 2040

The beginning of this decade was chock-full of announcements from automakers pledging to sell only electric vehicles within a certain number of years. However, most companies were overly optimistic about their EV goals and have since had a change of heart. Although electric vehicle sales continue to rise globally, growth…

Will start introducing India-specific models from 2028, to leverage on 2W biz: Honda Global CEO

Honda plans to launch new car models specifically for India starting in 2028. The company will use its strong motorcycle sales to encourage customers to upgrade to cars. India is a key market for Honda's future growth. Production capacity for two-wheelers will also increase. Honda aims to strengthen its automotive…

The Economic Times

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

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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

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

'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…

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

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.

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

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.

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

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

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

Honda Forecasts 70% Net Profit Drop Citing 'Tariff Impact'

Honda Forecasts 70% Net Profit Drop Citing 'Tariff Impact'

Japan's Honda Motor on Tuesday forecast a 70 percent drop in net profit for the 2025-26 financial year as US trade tariffs weigh on the global auto industry.

International Business Times

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International Business Times UK

Honda Rocked by Scandal: EVP Quits Over 'Inappropriate Behaviour' as CEO Punished With 20% Pay Cut

Honda's executive vice president has resigned over 'inappropriate behaviour' at a social event, prompting the CEO to take a 20% pay cut in response to the scandal.

Honda Still Might Have Saved Nissan

The Honda-Nissan merger plan is dead.

Honda And Nissan Might Still End Up Together, But There’s A Big ‘If’: Report

The merger between Honda and Nissan would have created the world’s fourth-largest automaker. However, the negotiations fell apart last week, partly because Nissan believed it should be seen as an equal rights member of the tie-up, while Honda demanded Nissan become a fully owned subsidiary.

International Business Times

Japan's Honda And Nissan Scrap Merger Talks

Japanese auto giants Honda and Nissan confirmed on Thursday they had scrapped merger talks that would have created the world's third-largest automaker by unit sales.

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Nissan Wants to Replace Honda With a Different Partner: Report

The Nissan-Honda merger saga continues with a new episode that takes an interesting twist. Although an official announcement has yet to be made, multiple reports have stated that the plan to form a new holding company has been scrapped. Reuters cites people familiar with the matter as claiming Nissan CEO Makoto Uchida…

What Honda And Nissan Aren’t Telling Us About Their Merger

The rapidly advancing electric vehicle industry often raises more questions than it answers. The Honda-Nissan merger is no different. When complete, it would become the world’s third-largest automaker, but many details remain under wraps. Perhaps they're waiting for clarity on EV policy after Trump's inauguration, or maybe the complexities of…

Honda's CEO Struggles To Explain Why Nissan Merger Makes Sense

Honda's CEO just had a pretty awkward press moment related to its potential merger with Nissan. When asked why Nissan would make a good business partner for the mid-sized automaker, Toshihiro Mibe struggled to find the right words before blurting out something that brought laughter to a room full of…

Nissan, Honda announce merger, creating world’s third-largest carmaker

Plans, which include Mitsubishi, announced as Japan tries to gain foothold in electric vehicle market.

Evening Standard

Honda and Nissan set to merge forming world's third largest automaker

Japanese carmakers Honda and Nissan have announced plans to merge, creating the world's third largest automaker

Honda And Nissan To Form World's Third-Largest Automaker

Honda and Nissan plan to merge, focusing on electric vehicles and cost-cutting to enhance competitiveness in the evolving automotive market.

America Is Divided: Let China's Automakers Build Here, Or Not?

“I want to see this area have more jobs... but we must not welcome companies that are controlled by people who see us as the enemy,” one elected official said.

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