Honda domestic sales dip 12.4%, 4,050 units sold in July 2025
Honda Cars India Ltd., established in December 1995, is headquartered in Greater Noida, Uttar Pradesh, and operates a manufacturing facility in Tapukara, Rajasthan. The company is known for its focus on advanced design, reliability, safety, and fuel efficiency. Its extensive sales and service network spans the entire country.In addition to new car sales, HCIL also caters to the pre-owned car market through its Honda Auto Terrace platform, offering certified used cars that come with a quality assurance promise and peace of mind for buyers.Honda's India portfolio currently consists of just three cars: Elevate, City and Amaze.Subscribe to Auto Today Magazine- EndsMust Watch
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Time of India
3 hours ago
- Time of India
Honda's first-quarter profit hit by tariffs, but lifts annual outlook
Japanese car giant Honda said Wednesday its net profit halved in the first quarter because of US tariffs , but upgraded its annual profit forecast after Tokyo finally hammered out a trade deal with Washington. In the first three months of its fiscal year, which begins in April, net profit fell to 196.67 billion yen ($1.33 billion), a drop of 50.2 percent year-on-year, the firm said. Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program Revenue dipped 1.2 percent to 5.34 trillion yen. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now Undo The Trump administration in April imposed a 25 percent levy on Japanese cars imported into the United States, dealing a hefty blow to Japan and its crucial auto sector. However, Honda, Japan's second-biggest automaker after Toyota, has managed to withstand the pressure better than its Japanese competitors. Live Events More than 60 percent of the vehicles it sells in the United States are built there, the highest percentage of all major Japanese automakers, according to Bloomberg Intelligence auto analyst Tatsuo Yoshida. Despite tariff impacts and one-time expenses related to investment in electric vehicles, sales in the United States "remained strong", rising 1.2 percent year on year in yen terms, Honda said. Under a deal by Tokyo and Washington announced in July, tariffs on Japanese autos will fall to 15 percent, although this has yet to take effect. Other Japanese imports will be subject to a 15 percent "reciprocal" tariff, down from a threatened 25 percent. Without specifying its calculations, Honda said Wednesday that it had significantly revised downward the gross impact of the US tariffs on its annual results, to 450 billion yen, "based on a detailed review". As a result, it now expects only a 50 percent drop in its net profit for the 2025-2026 fiscal year, to 420 billion yen, compared with the previously anticipated collapse of 70 percent. It now sees an annual revenue decline of 2.7 percent, compared with the previously forecast drop of 6.4 percent.
News18
7 hours ago
- News18
Everton Looking To Lure Jack Grealish On Loan Away From Manchester City: Reports
Last Updated: Everton are in talks with City for a potential loan move for Jack Grealish for the 2025–26 season. Financial terms are a major hurdle, with Grealish earning £300,000 per week. In an unexpected move, Everton have initiated discussions with Manchester City over a potential loan move for Jack Grealish, aiming to bring the England international to Goodison Park for the 2025–26 season. As per reports from The Athletic, the Merseyside club are exploring a season-long loan deal for the 29-year-old winger, though the negotiations are said to be complex and far from certain. While there is genuine interest from Everton's side, the financial terms surrounding Grealish's wages are expected to be a major obstacle. Grealish is currently earning a reported £300,000 ($400,000) per week at Manchester City—figures well beyond Everton's wage structure. For the deal to progress, either City would need to subsidize a significant portion of his salary, or Grealish himself would have to agree to a substantial pay cut. The former Aston Villa captain is known for his versatility, capable of playing on the left wing or centrally as a No. 10, and would add attacking creativity to Sean Dyche's side, who are aiming to improve on their recent struggles in the Premier League. Everton Shift Focus After Dibling Bid Rejected Everton's interest in Grealish comes after their £40 million bid for Southampton youngster Tyler Dibling was rejected. The Saints countered with a proposal demanding £45 million upfront, £5 million in add-ons, and a 25% sell-on clause, which may have deterred Everton from pursuing the teenage talent further. With Dibling potentially off the table, the Toffees have redirected their attention to more experienced targets—chief among them Grealish. Grealish Facing Uncertain Future at City Grealish has two years remaining on his current contract at Manchester City, but his role has diminished significantly under Pep Guardiola in recent seasons. He made just seven Premier League starts in the 2024–25 campaign and was an unused substitute in City's FA Cup final defeat to Crystal Palace. He was even left out of the matchday squad entirely for the season finale against Fulham, though Guardiola insisted the decision was 'nothing personal." In total, Grealish logged only 1,521 minutes across all competitions in 2024–25—the equivalent of just 17 full matches—and his declining form saw him excluded from Gareth Southgate's Euro 2024 squad for England. In both the 2023–24 and 2024–25 Premier League campaigns, he featured in just 20 matches each, starting only 10 games in 2023–24 and another 10 in 2024–25. His output last season—one goal and one assist—reflects his limited impact. view comments Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
New Indian Express
10 hours ago
- New Indian Express
Japan's Honda forecasts drop in profits despite strong US auto sales
TOKYO: Honda's profit in the last quarter was half of what it was a year earlier, the company said Wednesday, as automakers were hit by 25% tariffs on vehicle exports to the United States. The Japanese automaker reported Wednesday that its April-June profit totaled 196.7 billion yen ($1.3 billion), about half of what it earned during the same period the previous year at 394.7 billion yen. Quarterly sales edged 1.2% lower to 5.3 trillion yen ($36 billion). The Tokyo-based maker of the Accord sedan and Asimo robot revised upward its profit forecast for the full fiscal year through March 2026 to 420 billion yen ($2.9 billion), better than its earlier estimate of 250 billion yen. The improved projection still marks a 50% drop from the previous year's results. Honda stuck to its forecast to sell 3.62 million vehicles worldwide in this fiscal year. It said its motorcycle business in Brazil and Vietnam was solid, while North American car sales also remained strong despite headwinds from the tariffs. The negative impact of the tariffs was estimated at about 450 billion yen ($3 billion), based on 'a detailed review,' according to Honda. The company's auto sales declined year-on-year in Japan, the rest of Asia and Europe. Honda's quarterly global auto sales totaled 839,000 units, down from 869,000 the same period last year.
