Honda Motor Co., Ltd. Sponsored ADR Stock News

Honda Motor reported a 50% drop in first-quarter operating profit on Thursday, as a stronger yen and the impact of U.S. President Donald Trump's tariffs took a toll on its results.

Global electric car sales in June 2025 are up 22% YoY to 28% share. China sales up 30% to 53% share. Europe up 23% to 29% share. USA down 8.4% to 9.04%. EV market news - In H1 2025, China NEV sales jumped 40.3% to 6.94 million units. China's robotaxi market to reach $44.5B by 2035, ~900x its current size. EV company news - BYD H1 2025 sales were up 31.5% YoY. Tesla secures Robotaxi testing perm...

Toyota Motor and Honda Motor are expected to report weaker first-quarter earnings this week, as U.S. import tariffs and a stronger yen weigh on profits despite solid demand for hybrids in their biggest overseas markets.

The United States and Japan reached a new trade agreement last week. While the announcement was light on details, the market-moving information included a 15% tariff rate on Japanese imports into the U.S. Japanese car manufacturers rallied swiftly on the news, as the 15% rate is far less punitive than the 27.5% rate that was scheduled to take effect on August 1.

Shares of Japanese automakers surged on Wednesday, with Toyota gaining 11% and Honda advancing 9% after U.S. President Donald Trump said he had struck a trade deal with the Japan that includes a 15% tariff.

Nissan Motor is in discussions to supply cars to Honda Motor in the United States, Nikkei reported on Friday without citing sources.

Honda has reportedly put the brakes on a large electric SUV, following President Trump's decision to cut EV incentives in the US.

Honda Motor-backed Helm.ai on Thursday unveiled its camera-based system to interpret urban environments, dubbed Helm.ai Vision, and said it was in talks with other automakers to deploy its self-driving technology in mass-market vehicles.