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Honda is backing away from its aggressive electric vehicle (EV) ambitions, citing a cooling U.S. market and growing global ...
U.S. and Japanese negotiators are still working on trade talks in Washington. But for Japanese automakers, that's not the ...
(CNN)– Honda is pumping the brakes on its electric vehicle production. The automaker says it will cut investments into EV’s by around $20 billion over the next few years. Honda is now reviewing the ...
About 8 out of 10 Cadillac EV buyers are new to the brand. Also, Honda wants to wait out the U.S. government and hope the ...
The automaker cites a market slowdown as it cuts its planned investment, but a couple of futuristic EVs are still in the ...
The European Union has announced it is lifting sanctions on Syria to support the civil war-torn country's economic recovery.
Originally aiming for EVs to comprise 30 per cent of its global vehicle sales by 2030, Honda has now abandoned that target.
Honda has looked at rapidly growing global EV sales and decided it would rather make itself irrelevant by reducing investment in EVs.
Honda said despite the shift in strategy, it still aims for all of its global new-vehicle sales to come from battery-electric ...
Nissan may have found a potential lifeline in Toyota as it battles mounting debt, declining sales, and a failed merger ...
Honda’s two-motor e:HEV hybrid system will also see improvements, offering enhanced efficiency and better packaging. A new ...
Honda Motor Co. Chief Executive Toshihiro Mibe called the decisions “a switch in the planned course,” while stressing the ...