Tag Archives: Honda

Nissan Motor’s first-quarter financial results took a significant hit on Thursday, with nearly all of its profit wiped out due to aggressive discounting strategies in the United States. The company’s results fell well below analyst expectations, causing its shares to drop 7%. For the April-June period, Nissan reported an operating …

Narrow inventories pushed sales of new vehicles down as Toyota, Honda, Subaru, Hyundai and Kia all reported their sales dropped during November despite anticipated strong demand. Kia reported a drop in sales for November; however, its total sales through the first 11 months of 2021 surpassed the sales record the …

Honda and Nissan, Japan’s second and third largest automakers, will sell 250,000 fewer cars in the current fiscal year to the two companies as a global shortage of semiconductor chips hurts production. The carmakers announced this as they were unveiling brighter forecasts for the fiscal year ending in March 2021 …