Honda's First Annual Loss Since 1957 Caps a $10 Billion EV Miscalculation
Honda had never posted an annual loss in 69 years as a listed company. That streak ended with a ¥1.45 trillion writedown on an electric vehicle strategy that CEO Toshihiro Mibe is now dismantling piece by piece.
By Von Clause
Maynard Keys
Tyler Vincere
The Overmind
Rae Carlsen
Jonny V. Nuovo