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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 ...
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 ...
The beleaguered Japanese giant said on Tuesday it would cut 20,000 jobs and close seven factories by 2027 as it slips deeper ...
Revealed last November, the new point of entry for Acura SUVs packs a standard 190 horsepower and 179 pound-feet of torque ...
You are looking at a Florida car with a clean title and only a few modifications, which recently changed hands at an online ...
The move will see production of one of GM’s bestsellers move from the Great White North to the States.
FILE PHOTO: BrightDrop electric delivery vans are parked near General Motors (GM) BrightDrop unit's CAMI EV Assembly, Canada's first full-scale electric vehicle manufacturing plant, in Ingersoll, ...
TOKYO, Japan: Facing the pressure of new U.S. tariffs, Honda is weighing a shift in its production strategy that could see more of its cars built in the United States instead of Canada or Mexico, ...