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<title>Electric Vehicles Lead Major Car Maker to Report First Loss in Decades</title>
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<description>Honda Motors reported its first annual loss in nearly 70 years, which came as a result of an emphasis on electric cars. The Japan-based car company has been listed on the stock market since 1957, but the combination of electric vehicle bets and Trump trade policies led to its first-ever year in the red. &#x26;#x22;EV demand has declined considerably, due to the rollback of environmental regulations in the U.S. and other factors,&#x26;#x22; Honda said in a statement, per a report from Fox Business. The company faces $9 billion in restructuring costs because of the lackluster electric vehicle demand. It suffered...</description>
<author>The Gateway Pundit</author>
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<pubDate>Tue, 2 Jun 2026 12:35:01 GMT</pubDate>
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