Honda said its plan to build an EV supply chain in Alliston, Ont. — which was first announced in April 2024 — would be paused ...

Honda has assured Canada that no jobs will be lost and it is committed to major electric vehicle investments in the country, ...

Slower market demand, tariffs and evolving production strategies cited as some of the reasons why Honda is pausing its ...

Ontario Premier Ford is vowing to hold auto companies that pull out from Ontario "accountable" after news that ...

Honda Canada will postpone a $15-billion electric vehicle investment project in Canada's most populous province, including a ...

Japan's Honda Motor 7267.T forecast a 59% profit decrease in the current financial year and said it would put on hold a plan to build an EV supply chain in Canada, amid the uncertainty ...

Honda announced on Tuesday that it has postponed a $15-billion electric-vehicle project, citing market demand, and is shifting some production of its popular CR-V model intended for the U.S. market to ...

Honda last April announced plans to invest up to $11 billion to establish an EV production hub in Canada, which included a factory with an annual output of 240,000 EVs a year and a 36 GWh battery ...

Postponing the Canadian EV project is part of the automaker's effort to contain the damage from hefty U.S. tariffs on foreign-made vehicles. Honda said it expects its net profit to drop 70% to 250 ...

Japan's Honda Motor forecast a 59% profit decrease in the current financial year and said it would put on hold a plan to ...

The development won’t affect jobs at Honda’s Alliston, Ont., plant, but it comes at a turbulent for the province’s automotive ...

Honda Canada will postpone a $15-billion electric vehicle investment project in Canada’s most populous province, including a proposed EV battery plant and retooled vehicle assembly facility ...