News

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 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, ...
The Car Guide1d
Honda to Cut EV Spending and Sales Targets, Focus on Next-Gen Hybrids
One week after announcing it would postpone by at least two years its large-scale investments to establish an electric vehicle supply chain in Ontario, Honda now says it plans to cut R&D investment in ...
Canada's National Observer8d
Honda pumps brakes on $15 billion EV hub, Ontario premier vows to hold auto firms 'accountable'
Slowing demand for EVs and US tariffs impact on Canada’s auto sector force the Japanese automaker to postpone plans for an EV ...
MotorBiscuit on MSN6d
Welcome the Honda CR-V to Ohio as it moves from Canada
An incredibly popular Japanese SUV is moving from Canada to Ohio. Welcome the Honda CR-V as it gets built in a state ...
Honda slashes £15bn from electric car budget to focus on hybrids
Honda bosses blamed disappointing demand and moves by foreign governments to roll back green regulations designed to ...
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 ...
ABC News9d
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 proposed EV battery plant and retooled vehicle assembly facility ...
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's production shift due to U.S. tariffs could open export opportunities for Canadian plant
In the case of Honda, one question is whether producing for export markets outside the U.S. will lead to higher production at its Canadian operations, where Honda currently produces the Civic and the ...