Group 1 - Honda has halted the development of a large SUV as part of its EV strategy due to a slowdown in EV demand in the U.S. market and potential delays in EV adoption caused by U.S. policies [2][3] - The company plans to reduce its EV-related investment from 10 trillion yen to 7 trillion yen by the fiscal year 2030, with the suspension of the large SUV development being a part of this adjustment [3] - Honda aims to increase production of hybrid vehicles (HV) and plans to launch 13 new models globally over the next four years, targeting a sales volume of 2.2 million units by 2030, which is 2.2 times the planned sales for 2025 [3] Group 2 - The global automotive industry is witnessing a trend of companies adjusting their EV plans, with Ford also withdrawing from large EV development and Nissan halting the development of two EV models intended for the U.S. market [3] - Toyota has postponed its plan to launch a pure electric SUV from 2026 to 2028, reflecting a broader industry shift in response to market conditions [3]

Group 1 - The automotive industry shows varied performance among major companies, with Volkswagen leading at 542.04 million, followed closely by General Motors at 508.5 million, and Ford at 469.63 million [2] - Honda experienced a significant increase of 8.18% in its performance, reaching 412.9 million, while Tata Motors saw a decline of 1.04%, totaling 296.42 million [2] - New entrants like Li Auto and Xpeng are also making their mark, with Li Auto at 267.78 million and Xpeng at 167.66 million, both showing positive growth [2] Group 2 - The data indicates that traditional automakers like Nissan and Subaru are facing challenges, with Nissan reporting a decrease of 3.72% to 81.9 million and Subaru down by 2.81% to 124.17 million [3] - Emerging companies such as VinFast Auto and Leapmotor are also in the mix, with VinFast at 85.13 million, down by 2.57%, while Leapmotor shows a slight increase to 84.92 million [3] - The overall market dynamics suggest a competitive landscape where established brands must adapt to the rising presence of new players [3]

Core Viewpoint - Honda has halted the development of a large electric SUV as part of its EV strategy due to a slowdown in demand in the U.S. market and concerns over U.S. policies that may further delay EV adoption [1][2]. Group 1: Honda's Strategy Shift - Honda plans to reduce its EV-related investment from 10 trillion yen to 7 trillion yen by 2030, with the suspension of the large SUV development being a significant part of this adjustment [3]. - The company will increase production of hybrid vehicles (HV) that are expected to be more profitable, aiming to launch 13 new models globally over the next four years starting in 2027, targeting a sales volume of 2.2 million units by 2030, which is 2.2 times the planned sales for 2025 [3]. Group 2: Industry Trends - The trend of automakers adjusting their EV plans is widespread, with Ford also withdrawing from large EV development and Nissan halting the development of two EV models originally planned for production in the U.S. [3]. - Toyota has postponed its plan to launch a pure electric SUV from 2026 to 2028, reflecting similar strategic shifts in the industry [4].

Core Viewpoint - Honda has canceled the development of its electric SUV due to declining demand in the United States [1] Company Summary - The decision to halt the electric SUV project reflects Honda's response to market conditions and consumer preferences in the U.S. automotive sector [1] Industry Summary - The cancellation indicates a broader trend in the automotive industry where manufacturers are reassessing their electric vehicle strategies in light of fluctuating demand [1]

Core Viewpoint - Honda has shifted its focus from electric SUVs to hybrid vehicles due to a slowdown in U.S. demand and a significant policy reversal regarding electric vehicle incentives [1][2]. Group 1: Honda's Strategy Shift - Honda has halted the development of its electric SUV, which was part of the ambitious Zero series planned for launch starting in 2026, with seven models expected by 2030 [2]. - The decision to stop the electric SUV development is influenced by a decrease in consumer demand and changes in the U.S. electric vehicle policy, particularly the elimination of a $7,500 tax credit for new electric vehicle purchases starting September 30 [2]. - The SUV segment, which accounts for 60% of new car sales in the U.S., faces higher manufacturing costs due to larger battery and chassis requirements, making it challenging to achieve expected sales volumes [2]. Group 2: Investment Adjustments - Honda has significantly reduced its electric vehicle investment from 10 trillion yen to 7 trillion yen before the fiscal year 2030 as part of its response to global demand slowdown [2]. - In contrast to halting electric SUV development, Honda plans to launch 13 hybrid models globally over the next four years, aiming for sales of 2.2 million units by the fiscal year 2030, which is 2.2 times the previously planned sales for 2025 [3]. Group 3: Industry Trends - Honda's pivot towards hybrid vehicles is part of a broader trend, with other automakers like Ford and Nissan also scaling back their electric vehicle development plans in response to market conditions [3].

Core Viewpoint - Honda Motor Company will abandon the development of electric SUVs [1] Group 1 - The decision reflects a strategic shift in Honda's approach to electric vehicle development [1] - This move may impact Honda's competitiveness in the growing electric vehicle market [1] - The company is likely to focus on other vehicle segments or technologies instead [1]

Group 1 - Honda will abandon the development of electric SUVs, indicating a strategic shift in its electric vehicle (EV) strategy [1] - The decision reflects challenges in the competitive EV market and the need for companies to reassess their product offerings [1] - This move may impact Honda's market position and future growth prospects in the EV segment [1] Group 2 - The automotive industry is facing increasing pressure to innovate and adapt to changing consumer preferences towards electric vehicles [1] - Competitors in the EV market are ramping up their efforts, making it crucial for companies to stay relevant [1] - Honda's withdrawal from electric SUV development may signal a broader trend among traditional automakers reevaluating their EV strategies [1]

Group 1 - Honda will abandon the development of electric SUVs [1]

Group 1 - Toyota and Honda reported slight year-on-year increases in U.S. sales for June, reflecting a decline in the pre-tariff buying surge [1] - Toyota's U.S. sales rose by 0.1% to 193,248 units, a slowdown compared to 11% in May and 10% in April [1] - Honda's sales increased by 2% to 114,486 units, down from 7% in May and 18% in April [1] Group 2 - Subaru's sales fell by 16% to 46,515 units, marking the second consecutive month of decline [1] - Mazda's sales decreased by 6% to 33,385 units, also experiencing a second month of year-on-year decline [1] - The decline in Subaru and Mazda sales follows drops of 10% and 19% respectively in May [1] Group 3 - The increase in vehicle prices due to a 25% tariff on imported cars imposed by the Trump administration has led to a slowdown in future sales growth [1]

Group 1 - The market capitalization of global automotive manufacturers has shown significant changes as of July 4, 2025, with Volkswagen leading at $548.09 billion, followed by General Motors at $508.5 billion and Ford at $469.63 billion [1][4]. - Notable increases in market value were observed for companies like Maruti Suzuki (+4.78%), Honda (+8.19%), and SAIC (+12.78%), indicating strong performance in the automotive sector [4][5]. - Companies such as Porsche and Stellantis experienced slight declines in their market values, with Porsche down by 1.14% and Stellantis down by 0.57%, reflecting mixed performance across the industry [4]. Group 2 - Emerging players like Li Auto and Xpeng have shown varying market capitalizations, with Li Auto at $265.5 billion and Xpeng at $179.59 billion, highlighting the competitive landscape in the electric vehicle segment [4][5]. - Traditional manufacturers like Nissan and Subaru have seen declines in their market values, with Nissan down by 1.74% and Subaru down by 0.56%, suggesting challenges in maintaining market position [5]. - The overall automotive market is characterized by a mix of growth among certain manufacturers and declines among others, indicating a dynamic and competitive environment [4][5].