NobodyElse
Well-Known Member
Sammy clarified "by 2026", so I guess last December at the latest.Welp.... it's the Spring of 2026 now. When does the rehab start? Where's the electric Autopia?![]()
Sammy clarified "by 2026", so I guess last December at the latest.Welp.... it's the Spring of 2026 now. When does the rehab start? Where's the electric Autopia?![]()
Sammy clarified "by 2026", so I guess last December at the latest.
This can't be helping the cause to get an electric Autopia... Honda suffers first loss since World War II and takes a $15 Billion loss on their EV program, cancelling 3 EV models they were planning for America.
Was Honda going to stick around as sponsor for this switch to EV's for Autopia? Or was WDI just going to go sponsorless and build their own fleet of EV cars?
God help this forum if Tesla were to sponsor an all-electric Autopia! Some folks would never recover.
Legendary Japanese carmaker Honda has fallen on some EV-driven hard times: The company reported its first annual loss since it went public in the 1950s, according to the FT.
Honda said it expects to take a nearly $16 billion loss over two years as it pivots away from its electric vehicle strategy. The stock fell nearly 6% on Thursday, and is down over 13% and counting this year.
The reasons are multifaceted. Cheaper Chineses EVs have eaten into Honda's global margins, and it's struggling to compete. President Trump's tariffs, though mired in court battles, have raised input costs and stifled U.S. consumer demand. Plus, the rollback of EV incentives in the U.S. has, in no uncertain terms, nearly destroyed the market that Honda and other international automakers spent heavily to capture.
Honda's official statement blamed "an inability to respond flexibly to changes in the business environment" — which is corporate-speak for getting caught between rising costs and softening consumer demand.
From Yahoo Finance
Get BYD to sponser Autopia then. Are ya'll tired of winning yet?![]()
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