Local News, News
May 14, 2026
Honda's Chief Executive Toshihiro Mibe speaks at a press conference in Tokyo on Thursday. (AP photo)
Honda posts first ever loss
Pullback from EV blamed
Honda Motor Co. reported the first annual loss in company history Thursday, posting a net loss of approximately $2.7 billion as mounting costs tied to the company’s electric vehicle strategy forced the automaker to dramatically rethink its future direction.
According to information released by the ...


