In the second quarter of 2025, the profit of the Japanese company Honda Motor decreased by more than 50% due to the definition of customs duties by the US government. This is stated in the company's financial documents.
The profit of the Japanese car vote fell by 50.2% from April to June, compared to the same period last year. Operating profit also decreased by 49.6%.
Among the reasons for the decrease are US customs duties and the impact of exchange rate fluctuations.
Previously, Reuters said that Nissan for the 2024 fiscal year, which ended in March, expects a loss of 700-750 billion yen.
The company explains this by the depreciation and reconstruction costs of assets. He previously predicted about 80 billion yen's annual loss.
It became known that the Jac automobile brand in China carries huge damage.
Thus, JAC and Volkswagen's joint venture is the introduction of 1.3 billion yuan by the Chinese side by the Chinese side, which failed in the market.
Translation of: Euromedia24.com
