News

Canada 'has cards to play' — Automakers scramble for solutions in midst of trade war
Amid trade war chaos, and with U.S. President Donald Trump thinking multibillion-dollar vehicle assembly plants can be moved ...
Tariffs Drive Honda to Move S.U.V. Production From Canada to U.S.
President Trump’s trade war again tests Canada’s new government. Honda is also postponing a major electric vehicle factory in ...
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 ...
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 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 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 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 ...
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 ...