Japanese car giant Honda made its first annual loss in 70 years as its investments in the electric vehicle (EV) market failed to pay off. Demand for EVs has not been as strong as the company forecast, with Honda reporting a total operating loss for the year ending March 2026 of ¥423bn ($2.68bn: £1.99bn.). The firm said it was scrapping some of its EV production targets and would source parts from China, where prices are lower, to keep costs down. It cited changes in US policy as adding to its

Tag-uri: Honda