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Japan's Honda Motor 7267.T forecast a 59% profit decrease in the current financial year and said it would put on hold a plan to build an EV supply chain in Canada, amid the uncertainty stemming from U ...
Japanese multinational Asahi Kasei Corporation and Honda Canada formed a joint venture to make battery separators in Niagara.
An $11-billion plan to manufacture 240,000 EVs/year, plus batteries, in Ontario is on a two-year hold as the Japanese ...
Nissan, a recovery plan that implements decisive and bold actions to enhance performance and create a leaner, more resilient ...
The mayor of an Ontario municipality set to be the home for Honda’s now-postponed $15-billion electric-vehicle project said Tuesday he is not giving up hope on the plant. New Tecumseth Mayor Richard ...
Slowing demand for EVs and US tariffs impact on Canada’s auto sector force the Japanese automaker to postpone plans for an EV ...
Japan's Honda Motor (7267.T) forecast a 59 per cent profit decrease in the current financial year and said it would put on ...
Honda announced the postponement on Tuesday after forecasting a 59 per cent profit decline in the current fiscal year.
During the announcement of its 2024-2025 fiscal year financial results on May 13, Honda CEO Toshihiro Mibe stated that in the ...
The development won’t affect jobs at Honda’s Alliston, Ont., plant, but it comes at a turbulent for the province’s automotive ...