News

Honda Motor reports 76% plunge in operating profit in huge earnings miss
Fourth-quarter revenue was in line with LSEG mean estimates, but fourth-quarter operating profit posted a huge miss. Revenue ...
Honda to postpone plans for EV plant in Canada for at least 2 years
Honda said its plan to build an EV supply chain in Alliston, Ont. — which was first announced in April 2024 — would be paused ...
Honda Postpones $11 Billion Canada EV Project for Two Years on Weak Sales -- Update
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’s plans to delay electric vehicle factories ‘a blow to the community’
Honda announced the postponement on Tuesday after forecasting a 59 per cent profit decline in the current fiscal year.
Top Stock Movers Now: Nvidia, UnitedHealth Group, Honda, and More
U.S. equities were mixed at midday, with tech shares and a better-than-expected consumer inflation report lifting the S&P 500 ...
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 Postpones $11 Billion Canada EV Project on Weak Sales -- 2nd Update
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 ...
The Canadian Press on MSN3h
Honda delays $15-billion EV project citing demand, shifts some CR-V output to U.S.
TORONTO - Honda has postponed a $15-billion electric vehicle project in Ontario, citing market demand, and is shifting some ...