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

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

Electrification was and is the tsunami that eclipsed autonomous driving as the next big wave in the automotive industry.

During the announcement of its 2024-2025 fiscal year financial results on May 13, Honda CEO Toshihiro Mibe stated that in the ...

Honda has postponed a $15-billion electric vehicle project in Ontario, citing market demand, and is shifting some production ...

President Trump’s trade war again tests Canada’s new government. Honda is also postponing a major electric vehicle factory in ...

Distress is spreading in Japan’s auto sector, putting into question Tokyo’s approach to trade negotiations with the United ...

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 ...

On May 2, General Motors Co. announced it was cutting a third shift at its Oshawa, Ont., assembly plant, where it produces Chevrolet Silverado pickup trucks. Before that, it halted production at its ...

Honda announced that it is pausing about $15 billion in planned EV investments to build electric vehicle and battery ...

Due to the US President’s tariff policy, carmakers across the globe are considering boosting their local US-based ...