Honda Shifts CR-V Production from Canada
Digest more
The company will move production of the CR-V SUV from Canada and the HR ... Such a step would make it possible for Honda to switch to a three-shift system from two shifts and extend production ...
Honda is reportedly set to shift production from Canada and Mexico to ... Japanese production of its top-selling US model, the Rogue SUV, over the next few months, sources told Reuters on Tuesday.
Honda said on Tuesday it would postpone by at least two years its large-scale investments to establish an electric vehicle supply chain in Canada. Originally announced in April of last year , the project is valued at $15 billion,
Honda currently sells two EVs: the Prologue and the hydrogen-powered CR-V e:FCEV. However, it will introduce two new EVs, the 0 Saloon and 0 SUV, in 2026.
Slowing demand for EVs and US tariffs impact on Canada’s auto sector force the Japanese automaker to postpone plans for an EV supply chain in Ontario, dealing a severe blow to Canadian EV ambitions.
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 billion yen ($1.68 billion) for the year ending March 2026.