Honda's 2019 group net profit down 25% due to pandemic

Business / Corporate May 12, 2020

Honda's 2019 group net profit down 25% due to pandemic

Honda Motor Co. said Tuesday its group net profit fell 25.3 percent to ¥455.75 billion ($4.24 billion) in the business year ended in March as the coronavirus pandemic dented global demand and forced a partial halt in production. The second-largest automaker in Japan by volume ...

Toyota to resume production in North America in May

Business / Corporate Apr 24, 2020

Toyota to resume production in North America in May

Toyota Motor Corp. said Thursday it plans to resume auto production in North America next month, after halting operations in March due to a slump in sales amid the COVID-19 pandemic. "Beginning the week of May 4, Toyota intends to gradually resume its North American ...