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Automobiles
Dividend cut speculation stirred by Japanese automaker’s anticipated losses
Along with other Honda EVs, development of the Afeela 1 in a venture with Sony Group also was canceled. (Photo by Mayumi Tsumita)
TOKYO — Honda Motor’s struggles stemming from abandoning its electrification strategy leave the automaker dealing with not only massive losses but also a lack of new models for the key North American market, spurring speculation about dividend cuts.
