An $11-billion plan to manufacture 240,000 EVs/year, plus batteries, in Ontario is on a two-year hold as the Japanese ...

Expensive Cars: "Prices and interest rates are both high and stuck," said Mark Schirmer, director of industry insights for ...

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

Electrification was and is the tsunami that eclipsed autonomous driving as the next big wave in the automotive industry.

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 ...

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

We're gonna do everything we can to help, and we will lobby where we have to lobby, and we will do what we can do to keep the ...

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 announced that it is pausing about $15 billion in planned EV investments to build electric vehicle and battery ...