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Honda Motor Co., Ltd on Tuesday released new details explaining why it is delaying its planned $15 billion investment in a ...
Honda has assured Canada that no jobs will be lost and it is committed to major electric vehicle investments in the country, ...
Honda said its plan to build an EV supply chain in Alliston, Ont. — which was first announced in April 2024 — would be paused ...
Honda bosses blamed disappointing demand and moves by foreign governments to roll back green regulations designed to ...
Honda Canada will postpone a $15-billion electric vehicle investment project in Canada's most populous province, including a ...
Honda is also postponing its $11 billion investment in Ontario EV factories due to slowing demand in North America.
Postponing the Canadian EV project is part of the automaker's effort to contain the damage from hefty U.S. tariffs on foreign ...
The Honda Motor Company announced Tuesday it will cut back on its previous investment plan for electric vehicle technology in ...
Honda's forecast is the latest signal of the difficulty car makers are having navigating tariffs alongside the rise of ...
Honda Motor ( NYSE: HMC) announced on Tuesday a two-year postponement of its ambitious $15 billion electric vehicle ...
That could end up encouraging some companies that manufacture in multiple countries to use plants outside the U.S. for export purposes, as Honda is now doing by shifting some export responsibilities ...
Honda is cutting its global EV investment by 30% and delaying its Canadian EV project, shifting focus to hybrid vehicles ...
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