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Honda Raises Earnings Forecast on Smaller U.S. Tariff Impact

Honda Raises Earnings Forecast on Smaller U.S. Tariff Impact

   Tokyo, Aug. 7 (Jiji Press)--Honda Motor Co. has revised up its group earnings forecast for fiscal 2025, expecting a smaller impact from U.S. auto tariffs following a trade agreement reached between Tokyo and Washington last month.
   For the year through next March, the major Japanese automaker on Wednesday raised its net profit forecast from 250 billion yen to 420 billion yen, still down 49.8 pct from the previous year.

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AFP-JIJI PRESS NEWS JOURNAL


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