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 Honda CEO: we have no chance' against Chinese auto, -maker

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TSEnergyAnalyst
post May 3 2026, 01:10 PM

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QUOTE(hjack @ May 3 2026, 10:26 AM)
Byd sales decline are mainly due to its aging line up and competition heats up. Perfectly normal in a liberalised market unlike here.
The rest of the video is more of conspiracy theory. [I]
One thing I know is US car makers did have their fair share of EV government grants but they chose to spin it in the capital market instead of using it for R&D ...short term huge gain but long term flattered.[B]
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Exactly. Which government does not subsidize it's own car makers? All government all over the world do it except only a few eventually given it up altogether.

The sale inflated numbers mechanism is however kind of massive if true.




TSEnergyAnalyst
post May 5 2026, 10:43 PM

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Honda Just Quietly Confirmed You Won’t Get a New Honda Until 2030

https://www.autonocion.com/us/honda-no-new-...pdates-odyssey/

lhttps://www.autonews.com/honda/an-honda-extends-life-cycles-key-models-0504/


https://www.motor1.com/news/794852/honda-ac...oduct-timeline/

https://www.autoevolution.com/news/honda-de...sco-269497.html

tongue.gif power of longer dream (hibernation) tongue.gif whistling.gif rclxs0.gif shakehead.gif mega_shok.gif bye.gif bangwall.gif

This post has been edited by EnergyAnalyst: May 5 2026, 10:44 PM
TSEnergyAnalyst
post May 13 2026, 10:28 AM

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Another casually reported.....Here in MY

https://theedgemalaysia.com/node/803111

Permaju Industries Bhd (Bursa Malaysia listed KL:PERMAJU) announced that it is exiting its Ford dealership business after about 15 years, after its wholly owned unit Capital Intertrade Sdn Bhd has moved to cease operations.

In a filing on Bursa Malaysia, the motor vehicle distributor said Capital Intertrade had served a “notice of company closure” and “surrender of operations” to Sime Darby Bhd’s (KL:SIME) wholly owned unit Sime Darby Auto ConneXion Sdn Bhd (SDAC) — the sole distributor of Ford in Malaysia.

The notices would effectively terminate its dealer sale and service agreement with SDAC, which the parties had first entered on April 22, 2011. Both parties have mutually agreed to end operations by July 31, 2026.

Permaju, who also used to distribute Volkswagen cars, said the decision followed an internal review of the dealership’s historical performance and prospects.

“The termination was served upon deliberating and analysing past performance, current and future possibilities which indicated a lack of sustainability and growth potential,” said Permaju in the filing.

The group added that it is in discussions with other potential dealership partners as it seeks a replacement business, with further announcements to be made once plans are finalised.

Permaju, which has been loss-making since the financial year ended Dec 31, 2007, said the closure is not expected to materially affect its gearing, earnings per share, net assets and substantial shareholders’ shareholdings for the financial year ending Sept 30, 2026.

For its first quarter ended Dec 31, 2025 (1QFY2026), the group reported a net loss of RM7.2 million and revenue of RM3.59 million. The losses were mainly due to quoted investments made in the previous period, said Permaju in a separate filing. Meanwhile, its main business segment — automotive — also saw fewer sales, only having sold 13 units of Ford Ranger cars during the quarter.

Permaju’s shares have declined 90.6% over the past year. At market close on Monday, the group’s shares closed up by half a sen to one sen, giving it a market capitalisation of RM19.6 million.
TSEnergyAnalyst
post May 14 2026, 06:46 PM

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https://www.businessday.co.za/motoring/2026...tory-in-europe/

Xpeng ? Who would have thought ?
TSEnergyAnalyst
post May 15 2026, 10:41 AM

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https://kr-asia.com/chinese-automaker-chery...-autobacs-seven

Chery in JEPUN
hjack
post May 15 2026, 10:45 AM
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QUOTE(EnergyAnalyst @ May 13 2026, 10:28 AM)
Another casually reported.....Here in MY

https://theedgemalaysia.com/node/803111

» Click to show Spoiler - click again to hide... «
You meant "casualty", right ?
If so I don't think so, it is not a casualty of "China Invasion". It sells Ford, and in MY Ford = Ranger = pickup running off diesel, so it is a casualty of diesel due to the war, more like "US Invasion". biggrin.gif
TSEnergyAnalyst
post May 15 2026, 08:11 PM

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QUOTE(hjack @ May 15 2026, 10:45 AM)
You meant "casualty", right ?
If so I don't think so, it is not a casualty of "China Invasion". It sells Ford, and in MY Ford = Ranger = pickup running off diesel, so it is a casualty of diesel due to the war, more like "US Invasion". biggrin.gif
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Yes you are spot on
TSEnergyAnalyst
post May 17 2026, 08:23 AM

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https://theedgemalaysia.com/node/803700

Honda and Nissan’s shifting fortunes may bolster case for tie-up
TSEnergyAnalyst
post May 17 2026, 09:24 AM

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https://english.kyodonews.net/articles/-/76068

Tokyo, May 14 (Jiji Press)--Japan's Honda Motor Co. on Thursday reported a consolidated net loss of 423.9 billion yen in fiscal 2025, which ended in March this year, amid sluggish demand for electric vehicles in North America.

Honda fell into the red for the first time since it was listed on the Tokyo Stock Exchange in 1957. In fiscal 2024, the company logged a net profit of 835.8 billion yen.

For the latest year, Honda recorded 1,577.8 billion yen in losses associated with the sales suspension of some vehicle models following a review of its EV strategy prompted by the weak demand.

The company had never fallen into the red even during past crises such as the 2008 global financial crisis and the massive earthquake and tsunami that struck Japan in 2011, helped by its solid motorcycle and finance operations

https://japantoday.com/category/business/ho...irst-since-1957

Honda blamed a "government policy shift" by U.S. President Donald Trump's administration, including import tariffs and the scrapping of tax incentives for EV buyers.

It also said that there was a "decline in competitiveness" of Honda products in China and other Asian countries.

Honda said it was now going to focus on growing its successful motorcycle business, its financial services and its hybrid vehicle manufacturing.

It cited North America, Japan and India as "priority markets for its future growth" - although it suspended its plans to build EVs and batteries in Canada.

https://www.bbc.com/news/articles/c794lj90jqpo

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This post has been edited by EnergyAnalyst: May 17 2026, 09:29 AM

 

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