Business

Honda's first annual loss in 70 years

Updated 2026-05-14 14:45 UTC 1 source Negative

Japanese automaker Honda reported its first annual loss in 70 years, signaling a shift away from its previous electric vehicle targets.

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BBC News
The firm will now pivot away from scrapping its target for all of its vehicles to be electric by 2040.
2026-05-14 13:25 UTC
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