Honda's Kaihara In China, We're Unfortunately Somewhat Losing On Price And Ui/Ux Areas Versus Other Ev Makers And Have Been Slower On Software Front
Feb 10 (Reuters) - Honda Motor Co Ltd 7267.T:
HONDA EVP KAIHARA: EXPECT 310 BILLION YEN NEGATIVE IMPACT FROM TARIFFS THIS FISCAL YEAR, DOWN FROM 450 BILLION YEN AT START OF YEAR
HONDA: AUTOMOBILE BUSINESS SAW 166.4 BILLION YEN OPERATING LOSS INCLUDING IMPACT FROM TARIFFS, ONE-OFF EV EXPENSES FOR APRIL-DECEMBER
HONDA'S KAIHARA: WE FACE INTENSIFYING GLOBAL COMPETITION, INCLUDING FROM RISE OF EMERGING MANUFACTURERS; NEED TO FUNDAMENTALLY REBUILD STRATEGY TO RESTORE COMPETITIVENESS
HONDA'S KAIHARA: AIM TO CLEAR UP LOSSES RELATED TO ELECTRIC VEHICLES MARKETED IN NORTH AMERICA AS MUCH AS POSSIBLE IN CURRENT FISCAL YEAR
HONDA'S KAIHARA: IN CHINA, WE'RE UNFORTUNATELY SOMEWHAT LOSING ON PRICE AND UI/UX AREAS VERSUS OTHER EV MAKERS AND HAVE BEEN SLOWER ON SOFTWARE FRONT
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