Nikita Chuicko, the virtual artist better known as "kelsonik" on social media, thinks that now is the right CGI time to work on the popular Honda CUV

U.S. equities were mixed at midday, with tech shares and a better-than-expected consumer inflation report lifting the S&P 500 and Nasdaq.

Honda is the latest automaker to warn of a massive hit to its profits as a result of President Trump's auto tariffs.

Slowing demand for EVs and US tariffs impact on Canada’s auto sector force the Japanese automaker to postpone plans for an EV supply chain in Ontario, dealing a severe blow to Canadian EV ambitions.

Jim Hinton, intellectual property lawyer and founder of Own Innovation, says Honda postponing its plan for an EV plant in Canada comes as no surprise and predicts more will fall. He says Canada does not own technology or control companies,

Honda announced the postponement on Tuesday after forecasting a 59 per cent profit decline in the current fiscal year.

Japanese automakers Honda (HMC) and Nissan (NSANY) both announced dismal earnings on Tuesday — and the worst may still be yet to come.