How Honda Is Trying to Recover From an EV Bust

WSJ What’s News

The Wall Street Journal

News, Daily News

4.1 • 4.2K Ratings

🗓️ 15 May 2026

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

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Summary

P.M. Edition for May 15. After making a big bet on EVs for the U.S., Japanese carmaker Honda is now confronting some of its biggest challenges ever. WSJ autos reporter Sean McLain discusses the company’s options. Plus, U.K. bond markets were spooked today after left-wing Greater Manchester Mayor Andy Burnham opened a path to take on sitting Prime Minister Keir Starmer. The Journal’s Chelsey Dulaney joins us from London to break down why borrowing costs hit their highest level since 2008. And Anthropic raises another $30 billion ahead of its expected IPO, while SpaceX sets a date for its highly-anticipated stock-market debut next month. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:39.2	After a big bet on electric vehicles went wrong, Honda is facing its toughest challenge in decades.
0:42.1	Things haven't been this bad for Honda in basically forever.
0:50.2	Plus, British investors are spooked after news of a looming contest between Prime Minister Kier-Starmor and left-wing politician Andy Burnham.
0:54.8	He said last year, we need to get beyond this thing of being in hawk to the bond market, and that freaked out a lot of bond market investors.
0:57.7	And the Wall Street Journal has learned that SpaceX is planning to go public in a month in what stands to be the biggest IPO ever.
1:05.2	It's Friday, May 15th.
1:07.1	I'm Alex O'Sullough for the Wall Street Journal.
1:09.6	This is the PM edition of What's News, the top headlines and business stories that move the world today.
1:19.6	Disgraced Hollywood producer Harvey Weinstein's third New York trial has ended in a mistrial.
1:25.4	An aspiring actress had alleged that Weinstein raped her in a Manhattan hotel room in 2013.
1:30.9	Now, a jury has deadlocked for the second time over whether Weinstein raped the woman after a 2020 conviction was overturned by a higher court.
1:39.3	Prosecutors have 30 days to decide whether to retry the case.
	...

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