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Honda said its plan to build an EV supply chain in Alliston, Ont. — which was first announced in April 2024 — would be paused ...
Fourth-quarter revenue was in line with LSEG mean estimates, but fourth-quarter operating profit posted a huge miss. Revenue ...
Honda announced the postponement on Tuesday after forecasting a 59 per cent profit decline in the current fiscal year.
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 is postponing a $15-billion electric vehicle investment project in Ontario, including a proposed EV battery ...
U.S. equities were mixed at midday, with tech shares and a better-than-expected consumer inflation report lifting the S&P 500 ...
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The Canadian Press on MSN2h
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 ...
Ontario Premier Doug Ford is set to speak with reporters on Tuesday, hours after the auto giant Honda announced it is putting ...
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