News

Tariffs Drive Honda to Move S.U.V. Production From Canada to U.S.
President Trump’s trade war again tests Canada’s new government. Honda is also postponing a major electric vehicle factory in ...
Honda to postpone plans for EV plant in Canada for at least 2 years
Honda said its plan to build an EV supply chain in Alliston, Ont. — which was first announced in April 2024 — would be paused ...
Honda’s plans to delay electric vehicle factories ‘a blow to the community’
Honda announced the postponement on Tuesday after forecasting a 59 per cent profit decline in the current fiscal year.
The Canadian Press on MSN17h
Honda delays $15-billion EV project citing demand, shifts some CR-V output to U.S.
Honda has postponed a $15-billion electric vehicle project in Ontario, citing market demand, and is shifting some production ...
Honda Says U.S. Tariffs Will Erase $4 Billion From Profits
During the announcement of its 2024-2025 fiscal year financial results on May 13, Honda CEO Toshihiro Mibe stated that in the ...