Financial News

Why Honda reporting its first annual loss in 70 years is a big deal

May 19, 20263 min read
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This one’s a biggie. Honda has just posted its first annual loss since becoming a publicly traded company back in 1957. And it’s not a small number either.

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This ones a biggie. Honda has just posted its first annual loss since becoming a publicly traded company back in 1957. And its not a small number either Honda reported a staggering net loss of US$2.7 billion. This massive disruption in the automotive sector might shape the global supply chain.

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