Honda Motor posted its first ​annual loss in nearly 70 ‌years as a listed company on Thursday, hit by U.S. tariffs and more ​than $9 billion in costs ​to restructure its electric-vehicle busin
Columbus, OH, May 07, 2026 (GLOBE NEWSWIRE) -- Blair Sharpe, Director at the Tim Lamb Group, the largest auto dealership sales and acquisitions firm in North America, represented sellers, Dick Lepley
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)-- #Honda--Haig Partners LLC, a leading buy-sell advisory firm to auto retailers in the United States, served as the exclusive sell-side advisor to Mathews Auto G
HMC to exit South Korea car sales by year-end after weak volumes, and focus on motorcycles while maintaining after-sales support.
Honda ends Afeela EV with Sony, shifts focus to AI, audio tech, and non-EV opportunities while keeping partnership intact.
New relationship accelerates the shift to right-sized electric vehicles for urban micromobility operations, launching in select campus and major metro markets in 2026 New relationship accelerates the
Honda ​is recalling ‌440,830 vehicles ​in ​the U.S. ⁠over ​improper ​deployment of air ​bags, ​the U.S. National ‌Highway ⁠Traffic Safety ​Administration ​said ⁠on Wednesda
HMC North America Q1 sales fall 4.2%, but hybrid record growth and Acura gains cushion decline.
Honda and Sony axed the Afeela, a tech-heavy electric sedan that was slated for sale in 2026. The decision leaves Sony Honda Mobility, their joint venture company, in limbo.
Honda Motor (HMC) and Sony Group (SONY) have moved to scrap their jointly developed Afeela electric vehicles, signaling a sharper reset in strategy as pressures

Sony and Honda give up on their joint EV project

10:14am, Wednesday, 25'th Mar 2026
Sony Honda Mobility, the joint venture established by the two Japanese conglomerates, has decided to give up on the two “Afeela”-branded EVs that it has spent the last few years developing.

Sony, Honda Put Brakes on Electric-Vehicle JV

06:28am, Wednesday, 25'th Mar 2026
Sony Honda Mobility has decided to discontinue the development and launch of its first model, the Afeela 1, as well as a second vehicle that had been under development.
Sony Honda Mobility, the joint venture between Japanese electronics giant Sony and ​automaker Honda , on Wednesday said it would stop developing ‌its Afeela electric vehicles, citing Honda's strat
Auto Owners Insurance Co decreased its position in shares of Honda Motor Co., Ltd. (NYSE: HMC) by 74.4% during the third quarter, according to the company in its most recent filing with the SEC. The i
Let's take a look at different levels of disruption due to the Iran conflict, and whether investors have reason for concern.
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