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Honda puts two-year pause on $15-billion EV plant in Ontario
Honda Canada has announced a two-year pause on its Ontario investments that included retooling an assembly facility and ...
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.
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Tariffs: Honda Transferring Most CR-V Production to U.S. from Canada
The U.S.’ auto tariffs continue to make themselves felt in the industry. Honda has just announced that it will transfer the ...
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 ...
Honda Shifts CR-V Production from Canada to the U.S. Due to Tariffs
Honda is also postponing its $11 billion investment in Ontario EV factories due to slowing demand in North America.