Honda earnings fall as company warns of possible Trump tariff impact on Mexico

Honda Executive VP Shinji Aoyama at a press conference — Honda Executive Vice President Shinji Aoyama announced a 15 percent decline in quarterly operating profit. He also warned of a possible impact on Honda's operations in Mexico from a second Donald Trump presidency with regard to tariffs. (HONDA)

November 06, 2024 08:44 AM

Honda saw profit slide 15 percent in the company’s most recent quarter, amid higher R&D expenses, foreign exchange headwinds and weak sales in China.

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