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The market last month was supported by the timing of this year’s Lunar New Year holidays.
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Company reportedly considering selling its stake in the JV on lower forecasts for US BEV sales.
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Under the programme, the Indian automaker will deploy Mobileye’s SuperVision and Surround platforms, both powered by the supplier’s EyeQ6 High system-on-chip.
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Losses to be reversed with launch of new CX-5 in Q4 FY26.
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Japanese automaker blamed fall on US tariffs and changes in US BEV policy.
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The Chinese automotive supplier said the new “automatic mode” responds to rising pressures on chassis design as European fleets shift toward heavier SUVs and battery-electric vehicles.
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The French automaker and Volvo Group together hold a combined 90% stake in the commercial vehicle venture, with each owning 45%.
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The company plans to return responsibility for vehicle engineering to Honda research and development (R&D), in an effort to reinvigorate work on next-generation models.
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