Honda quarterly profits plunge 50% | Why the auto industry is investing in energy storage systems | Rivian trims Q2 losses | Lucid lowers production outlook | Fain faces UAW unrest | Trump: Jaguar rebranding a ‘TOTAL DISASTER’

Electric vehicles are becoming a drag on Honda earnings, compounding the profit hit from tariffs as the Japanese carmaker hustles to shift vehicle and production strategies.

͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ Having trouble viewing this email? See the online version   Daily Wednesday, Aug. 6, 2025   Honda sees Q1 profit plunge 50% as EV losses compound tariff pain Electric vehicles are becoming a drag on Honda earnings, compounding the profit hit from tariffs as the Japanese carmaker hustles to shift vehicle and production strategies. READ MORE > Subscribe today to explore top features like Future Product Pipeline & 40 Under 40. READ MORE > How energy storage systems work and why the auto industry is investing READ MORE > READ MORE > Rivian reports Q2 net loss of $1.1 billion, keeps 2025 delivery guidance READ MORE > Advertisement Allstate F&I Solutions Elevate your F&I business by partnering with a name customers trust. We provide full-service F&I solutions that help protect people and maximize your profit potential. With our broad product portfolio, unrivaled customer support and name recognition in the marketplace, it's easy to work with us. Contact us today. READ MORE > Lucid lowers production outlook in sign of turmoil for EV makers READ MORE > Initially, eContracting began with a singular goal: to make the vehicle contract process electronic, including electronically signing the contract, passing the data from a retail installment or lease contract to a finance source and validating data at the point of sale. 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READ MORE > READ MORE > UAW faction seeks to oust President Shawn Fain in latest sign of union unrest READ MORE > READ MORE > Group 1 Automotive buys 'high-performing' Mercedes-Benz dealership in Atlanta READ MORE > READ MORE > Dana shrinks Q2 net loss after sale of off-highway business to Allison Transmission READ MORE > Mazda blames tariffs for loss; automakers pull back hydrogen plans Mazda blames tariffs for loss; automakers pull back hydrogen plans Mazda tumbles to a loss in the latest quarter as the import-dependent Japanese automaker grapples with U.S. tariffs. Rivian sues Ohio over its direct-sales ban that exempts Tesla. Plus, Automotive News' Jerry Hirsch talks about why hydrogen technology is losing steam among automakers. LISTEN HERE > Today's car shoppers are looking for more than just a vehicle—they want the perfect match. This eBook reveals how VIN-specific merchandising helps dealers build trust, boost engagement, and turn browsers into buyers. 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