Topic - Honda Motor Company, Ltd

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.

Japan's Honda forecasts drop in profits despite strong U.S. auto sales →

Mr. Trump feted Hyundai executives at the White House in March to celebrate a $20 billion investment in steel and auto production in the U.S., and Japanese automaker Honda said it will ramp up production of its Civic model in Indiana.

Auto tariffs spur U.S. investments, force tough choices on prices for carmakers →