Honda Posts First Ever Annual Loss After Pullback From EVs

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The New York Times - Business 3 hours ago • nytimes.com

Honda Posts First Ever Annual Loss After Pullback From EVs

Honda posted its first loss since 1957 as it took a multibillion-dollar hit from scaling back its electric-vehicle plans.

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Financial Times - Companies 3 hours ago • ft.com

Honda slumps to first annual loss on $9bn EV charge

Japan’s second-biggest carmaker reports worse than expected result but forecasts return to profit this year

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