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Honda Flags First Annual Loss as $15.7 Bln EV Restructuring Charge Hits Earnings

Honda Flags First Annual Loss as $15.7 Bln EV Restructuring Charge Hits Earnings

autherAutocar Professional Bureau     calendar13 Mar 2026

A spokesperson told Reuters this would mark Honda’s first annual loss since it listed publicly nearly seven decades ago.

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India's Auto Industry Posts Strong February Gains Across All Segments
India's Auto Industry Posts Strong February Gains Across All Segments

autherAngitha Suresh calendar13 Mar 2026

SIAM data shows total vehicle production rose 22% year-on-year in February 2026, with domestic sales and exports also ...

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India Auto Industry Posts Record February as Sales Rise 29.8%
India Auto Industry Posts Record February as Sales Rise 29.8%

autherArunima Pal calendar13 Mar 2026

Two-wheelers led overall production with 23,11,594 units in February, marking a 24.4% year-on-year increase.

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India's Automobile Industry Records 30% Rise in Domestic Sales in February 2026
India's Automobile Industry Records 30% Rise in Domestic Sales in February 2026

autherAngitha Suresh calendar13 Mar 2026

SIAM data shows broad-based growth across vehicle segments, with two-wheelers leading the surge and exports climbing n...

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Audi India Announces Up to 2% Price Hike Across Model Range, Effective April 1, 2026
Audi India Announces Up to 2% Price Hike Across Model Range, Effective April 1, 2026

autherSarthak Mahajan calendar12 Mar 2026

The German luxury automaker attributes the price revision to rising input costs and ongoing currency fluctuations, aff...

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Precision Wires Flags Middle East Conflict Risk, Reroutes Export Shipments Amid Supply Chain Inflation
Precision Wires Flags Middle East Conflict Risk, Reroutes Export Shipments Amid Supply Chain Inflation

autherShahkar Abidi calendar12 Mar 2026

Company warns of supply chain cost pressures as Middle East tensions disrupt supplier networks, forcing rerouting of e...

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Hero Electric Headed for Liquidation as Creditors Reach Impasse
Hero Electric Headed for Liquidation as Creditors Reach Impasse

autherShahkar Abidi calendar12 Mar 2026

Pioneer EV maker Hero Electric heads to liquidation as creditor deadlock, fraud allegations, and subsidy disputes end ...

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Daimler Truck Reports Lower Profits for 2025 as Markets Decline, but Orders Rise Heading Into 2026
Daimler Truck Reports Lower Profits for 2025 as Markets Decline, but Orders Rise Heading Into 2026

autherAngitha Suresh calendar12 Mar 2026

The German commercial vehicle maker posted a 19% drop in adjusted earnings and a 10% fall in revenue for the full year...

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Cargo Matters to Invest ₹100 Crore in Andhra Pradesh Freight Hub
Cargo Matters to Invest ₹100 Crore in Andhra Pradesh Freight Hub

autherAngitha Suresh calendar12 Mar 2026

The New Delhi-based logistics firm has signed an MoU with the state government to build an 18-acre electric vehicle ma...

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Michelin India and ASDC Complete Skill Training for 65 Candidates in Pune
Michelin India and ASDC Complete Skill Training for 65 Candidates in Pune

autherAngitha Suresh calendar12 Mar 2026

The programmes, focused on driver certification and electric vehicle servicing, targeted youth from low-income househo...

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POLL OF THE MONTH

Can GST Cuts Give Long-term Boost to Auto Sales?

Can GST Cuts Give Long-term Boost to Auto Sales?

Yes

 

64.59%

No

 

35.41%

Total Votes : 836