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The automaker is delaying the plan by at least two years while seeking increased production in the U.S. for multiple models ...
Tariffs imposed by the Trump administration may lead to more vehicles being built in Ohio. During a press conference this ...
Honda Motor Co. Ltd. says it is altering its manufacturing strategy so that its Alliston, Ont., plant will now produce its ...
Honda is also postponing its $11 billion investment in Ontario EV factories due to slowing demand in North America.
Honda is moving some of its CR-V production out of the U.S. , but the decision actually saves jobs. Instead of initiating ...
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 Motor's FY2025 earnings revealed resilient motorcycle and hybrid sales, but auto segment weakness and 12% profit drop ...
Honda is the latest automaker to warn of a massive hit to its profits as a result of President Trump's auto tariffs.
“Due to the recent slowdown of the EV market, Honda Motor has announced an approximate two-year postponement of the ...
Slower market demand, tariffs and evolving production strategies cited as some of the reasons why Honda is pausing its ...
Industry Minister Mélanie Joly says Honda Canada remains "fully committed" to major electric-vehicle investments in Canada ...