{"id":14741,"date":"2025-11-07T07:25:12","date_gmt":"2025-11-07T05:25:12","guid":{"rendered":"http:\/\/jhb-webdevelopers\/channelafrica\/news\/honda-cuts-annual-operating-profit-after-posting-q2-drop\/"},"modified":"2026-02-27T16:27:13","modified_gmt":"2026-02-27T14:27:13","slug":"honda-cuts-annual-operating-profit-after-posting-q2-drop","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/honda-cuts-annual-operating-profit-after-posting-q2-drop\/","title":{"rendered":"Honda cuts annual operating profit after posting Q2 drop"},"content":{"rendered":"<div>Honda Motor cut its annual profit forecast by about a fifth and posted a 25% drop in its second-quarter operating profit on Friday, as its performance took a hit from United States import tariffs and one-off costs related to electric vehicles.<\/div>\n<div><\/div>\n<div>Japan&#8217;s second-largest automaker lowered its operating profit forecast for the year through March 2026 by 21% to $3.65 billion.<\/div>\n<div><\/div>\n<div>The new forecast also factored in a decline in production volumes due to an expected shortage in the supply of chips.<\/div>\n<div><\/div>\n<div>Honda booked a $1.29 billion profit for July-September.<\/div>\n<div><\/div>\n<div>&#8211;Reuters&#8211;<\/div>\n","protected":false},"featured_media":14742,"template":"","meta":{"_acf_changed":false},"news-type":[44],"class_list":["post-14741","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"","published_date":null,"news_description":"Honda Motor cut its annual profit forecast","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/14741","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/14741\/revisions"}],"predecessor-version":[{"id":19273,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/14741\/revisions\/19273"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/14742"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=14741"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=14741"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}