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Honda Delays $15B Ontario EV Project; Ford Vows Accountability
Ontario Premier Doug Ford says he will make sure auto companies, including Honda, follow through on their commitments to build cars in the province. His comments came after Honda announced it was putting its $15 billion electric vehicle (EV) supply chain project in Alliston,
LIVE - Ford speaks with reporters after Honda postpones $15B Ontario EV project
Ford is scheduled to speak at a news conference at 9:45 a.m. ET in Pickering alongside Finance Minister Peter Bethlenfalvy, Transportation Minister Prabmeet Sarkaria, and Minister of Energy and Mines Stephen Lecce. You can watch it live in this story.
Honda is postponing plans to build an EV supply chain in Alliston, Ont., for about two years. The news comes as U.S. President Donald Trump’s tariffs create uncertainty across the industry and as ...
Slowing demand for EVs and US tariffs impact on Canada’s auto sector force the Japanese automaker to postpone plans for an EV ...
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Ford reported that it has offset $1 billion in tariff-related costs, out of the expected $2.5 billion.
Honda said its plan to build an EV supply chain in Alliston, Ont. — which was first announced in April 2024 — would be paused ...
Slowing demand for EVs and US tariffs on Canada’s auto sector force the Japanese automaker to postpone plans for an EV supply ...
Honda's forecast is the latest signal of the difficulty car makers are having navigating tariffs alongside the rise of ...
Ford stock falls after suspending 2025 guidance due to tariffs and supply chain risks, despite beating Q1 earnings ...
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