Japan's Honda Motor forecast a 59% profit decrease in the current financial year and said it would put on hold a plan to ...

Japanese auto giant Honda has pumped the brakes on its $15 billion plan to build an electric vehicle supply chain in Canada, ...

Honda said its plan to build an EV supply chain in Alliston, Ont. — which was first announced in April 2024 — would be paused ...

Research from Canada's parliamentary budget watchdog indicates that manufacturers, between 2020 and 2024, unveiled plans to invest roughly $33 billion in EV and related supply-chain production. The ...

Honda Canada has announced a two-year pause on its Ontario investments that included retooling an assembly facility and ...

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

Honda delays its $15 billion investment in Canada due to slowing EV demand. The postponement affects plans for a ...

Slowing demand for EVs and US tariffs impact on Canada’s auto sector force the Japanese automaker to postpone plans for an EV ...

The development won’t affect jobs at Honda’s Alliston, Ont., plant, but it comes at a turbulent for the province’s automotive ...

Honda Canada will postpone a $15-billion electric vehicle investment project in Canada’s most populous province, including a proposed EV battery plant and retooled vehicle assembly facility ...

Ontario Premier Ford is vowing to hold auto companies that pull out from Ontario "accountable" after news that Honda is ...

Subaru is the latest Japanese automaker to announce it will “re-evaluate” its EV plans. The company is rethinking its ...