Honda Slashes Outlook on Global Chip Shortage, Gloomy EV Demand
Honda Motor Co. slashed its annual profit guidance as a shortage of critical semiconductors hurts production, with the Japanese carmaker also warning of a turbulent outlook for electric vehicles.
By Nicholas Takahashi · Bloomberg
Honda Motor Co. slashed its annual profit guidance as a shortage of critical semiconductors hurts production, with the Japanese carmaker also warning of a turbulent outlook for electric vehicles.