TOKYO (Reuters) -Japan's Honda Motor forecast a 59% profit decrease for the current financial year on Tuesday as the impact ...

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

Research from Canada's parliamentary budget watchdog indicates that manufacturers, between 2020 and 2024, unveiled plans to invest roughly $33 billion in EV and related supply-chain production. The ...

Japanese auto giant Honda has pumped the brakes on its $15 billion plan to build an electric vehicle supply chain in Canada, ...

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

Honda Canada has announced a two-year pause on its Ontario investments that included retooling an assembly facility and ...

Honda delays its $15 billion investment in Canada due to slowing EV demand. The postponement affects plans for a ...

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

Subaru is the latest Japanese automaker to announce it will “re-evaluate” its EV plans. The company is rethinking its ...

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 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 ...