Honda Motor Co., Ltd on Tuesday released new details explaining why it is delaying its planned $15 billion investment in a ...

Honda Canada spokesman Ken Chiu said Tuesday due to the recent slowdown in the EV market, Honda has announced an approximate ...

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, ...

Plans to build electric vehicles (EV) and strengthen the supply chain at the Honda of Canada Manufacturing plant in Alliston ...

Honda bosses blamed disappointing demand and moves by foreign governments to roll back green regulations designed to ...

Honda is also postponing its $11 billion investment in Ontario EV factories due to slowing demand in North America.

Honda Canada is postponing a $15-billion electric vehicle investment project in Ontario, including a proposed EV battery ...

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 Canada confirmed in a statement on Tuesday that it was pausing its Ontario plans by two years — stopping work on the battery plant, retooling its vehicle assembly facility and two battery ...

Honda’s CA$15 billion commitment was previously hailed by former Prime Minister Justin Trudeau as the “largest auto ...

Honda's forecast is the latest signal of the difficulty car makers are having navigating tariffs alongside the rise of ...