Japan's Honda Motor forecast a 59% profit decrease in the current financial year and said it would put on hold a plan to ...

Honda said its plan to build an EV supply chain in Alliston, Ont. — which was first announced in April 2024 — would be paused ...

Among the major government-backed EV-making investments announced in the past few years, Honda’s stands to be both the ...

Honda's forecast is the latest signal of the difficulty car makers are having navigating tariffs alongside the rise of Chinese EV producers.

The development won’t affect jobs at Honda’s Alliston, Ont., plant, but it comes at a turbulent for the province’s automotive ...

Honda has postponed a $15-billion electric vehicle project in Ontario, citing market demand, and is shifting some production ...

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 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 ...

TORONTO — Honda has postponed a $15-billion electric vehicle project in Ontario citing market demand. It marks the biggest ...

Ontario Premier Ford is vowing to hold auto companies that pull out from Ontario "accountable" after news that Honda is ...

Slowing demand for EVs and US tariffs on Canada’s auto sector force the Japanese automaker to postpone plans for an EV supply ...