Honda's EV Shift Costs $2.6B, Dividends Hold Steady

Honda suffers massive loss, ditches EV goals: The automaker posts a record operating loss of $2.63 billion, blaming EV-related charges and scrapped development programs. Despite pausing Canadas EV plant, Honda remains optimistic about hybrids, gas models, and motorcycle sales, forecasting a rebound to $500 million operating profit and $26 billion net by March 2027. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/309cb54db90ced79