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Honda Motor Co. Ltd. says it is altering its manufacturing strategy so that its Alliston, Ont., plant will now produce its ...
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The Truth About Cars on MSNHonda Shuffling U.S.-Canada Production To Save JobsHonda is moving some of its CR-V production out of the U.S. , but the decision actually saves jobs. Instead of initiating ...
Slower market demand, tariffs and evolving production strategies cited as some of the reasons why Honda is pausing its ...
Honda Motor's FY2025 earnings revealed resilient motorcycle and hybrid sales, but auto segment weakness and 12% profit drop ...
Industry Minister Mélanie Joly says Honda Canada remains "fully committed" to major electric-vehicle investments in Canada ...
Industry Minister Mélanie Joly says Honda Canada remains "fully committed" to major electric-vehicle investments in Canada ...
Honda is postponing its $10.7 billion expansion in Ontario to make EVs and EV components for two years. The brand cites reduced profits from U.S. tariffs and softer-than-expected demand for EVs in the ...
Honda is also postponing its $11 billion investment in Ontario EV factories due to slowing demand in North America.
Honda is the latest automaker to warn of a massive hit to its profits as a result of President Trump's auto tariffs.
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 ...
Honda expects its net profit to drop 70% to 250 billion yen, equivalent to $1.68 billion, for the year ending March 2026. Nissan refrained from offering annual profit projections due to tariff ...
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