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12.05.26 - 06:00
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Honda's Apr China Sales Plunge 48% YoY; Toyota Down 25% (AAStocks)
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Honda's new vehicle sales in China in April plunged 48.3% YoY to 22,600 units, while Toyota's sales also fell sharply by 25.4% YoY to 106,500 units, mainly dragged down by rising gasoline prices caused by escalating tensions in the Middle East.Honda's sales in China have declined YoY for the 27th consecutive month. Sales at its ......
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11.05.26 - 15:12
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Honda will sich aus Kanada-Projekten zurückziehen (Electrive)
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Nachdem Honda seinen Plan für milliardenschwere Elektroauto-Investitionen in Kanada 2025 bereits für etwa zwei Jahre auf Eis gelegt hatte, hat das Unternehmen nun laut einem Medienbericht beschlossen, das Projekt auf unbestimmte Zeit auszusetzen – und Gespräche mit der kanadischen Regierung aufgenommen....
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08.05.26 - 22:18
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Toyota And Honda See Sharp Declines In Profit Amidst Iran War Pressures, Spiking EV Costs (ZeroHedge)
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Toyota And Honda See Sharp Declines In Profit Amidst Iran War Pressures, Spiking EV Costs
Toyota expects a sharp decline in profit as rising material and shipping costs tied to the Iran conflict pressure its business, according to Bloomberg.
The automaker projected operating income of ¥3 trillion for the fiscal year ending March 2027, well below both analyst expectations of ¥4.6 trillion and last year's ¥3.8 trillion.
The company said supply chain disruptions are driving up costs for aluminum, resins, and other materials, while logistics issues remain unpredictable. Toyota estimates the regional conflict could reduce earnings by about ¥670 billion.
After the forecast was released, shares dropped as much as 3.5%. Analysts noted Toyota may be giving conservative guidance, but future performance will depend heavily on how long the conflict continues.
Julie Boote, an analyst at London-based research firm Pelham Smithers Associates Ltd told Bloomberg: “Toyota did not only miss consensus e...
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08.05.26 - 02:06
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PlayNitride pivots to MicroLED optical interconnects as Samsung TV strategy shifts (Digitimes)
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MicroLED applications are expanding across automotive, wearable, and display markets, but the sector is facing mounting pressure. Following Sony Honda Mobility's cancellation of the Afeela 1 electric vehicle (EV) project, MicroLED adoption in automotive displays has suffered a setback. At the same time, reports that Samsung may scale back its MicroLED TV business are raising fresh concerns over PlayNitride's 2026 growth outlook....
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06.05.26 - 14:42
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Honda Mulls Freezing EV Plant Project in Canada (Nippon)
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Tokyo, May 6 (Jiji Press)--Japan's Honda Motor Co. is considering an indefinite freeze on the planned construction of an electric vehicle production plant in Canada, apparently in response to a slowdown in EV demand in the United States, informed sources said Wednesday. Honda is reviewing its strategy for its North American operations, shifting its focus from EVs to strengthening hybrid vehi......
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