News

Honda reveals delay of $15-billion Canada investment part of shift in EV strategy
Honda Motor Co., Ltd on Tuesday released new details explaining why it is delaying its planned $15 billion investment in a ...
MotorBiscuit on MSN7d
Welcome the Honda CR-V to Ohio as it moves from Canada
An incredibly popular Japanese SUV is moving from Canada to Ohio. Welcome the Honda CR-V as it gets built in a state ...
Honda Pauses Canadian EV Expansion Due To Tariffs
Honda is postponing its $10.7 billion expansion in Ontario to make EVs and EV components for two years. The brand cites ...
Honda assures Canada no jobs will be lost after EV plan postponement, minister says
Honda has assured Canada that no jobs will be lost and it is committed to major electric vehicle investments in the country, ...
Honda Says U.S. Tariffs Will Erase $4 Billion From Profits
During the announcement of its 2024-2025 fiscal year financial results on May 13, Honda CEO Toshihiro Mibe stated that in the ...
Honda faces 59% profit drop, pauses EV supply chain expansion in Canada
Honda's forecast is the latest signal of the difficulty car makers are having navigating tariffs alongside the rise of ...
Honda Canada postpones multibillion EV investment project in Ontario
Honda Canada will postpone a $15-billion electric vehicle investment project in Canada's most populous province, including a ...
Canada's National Observer9d
Honda pumps brakes on $15 billion EV hub, Ontario premier vows to hold auto firms 'accountable'
Slowing demand for EVs and US tariffs impact on Canada’s auto sector force the Japanese automaker to postpone plans for an EV ...
Honda slashes £15bn from electric car budget to focus on hybrids
Honda bosses blamed disappointing demand and moves by foreign governments to roll back green regulations designed to ...