Honda exec says US tariffs could cause over a 20B yen impact

URLhttps://www.automotivedive.com/news/honda-cfo-tari
SourceAutomotive Dive
Date Published02/21/2025
Author NameEric Walz

Additional Reshoring Information:

Company/Division name Pending tariffs--Honda
Parent companyHonda Motor Company
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2025
Country(ies) from which reshored:Japan
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredautos
What non-domestic negative factors made offshoring less attractive?Tariffs
What domestic positive factors made reshoring more attractive?Eco-system synergies
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