Japan's Honda Motor forecast a 59% profit decrease in the current financial year and said it would put on hold a plan to ...

Honda said its plan to build an EV supply chain in Alliston, Ont. — which was first announced in April 2024 — would be paused ...

Among the major government-backed EV-making investments announced in the past few years, Honda’s stands to be both the ...

Honda's forecast is the latest signal of the difficulty car makers are having navigating tariffs alongside the rise of Chinese EV producers.

The development won’t affect jobs at Honda’s Alliston, Ont., plant, but it comes at a turbulent for the province’s automotive ...

Honda Canada will postpone a $15-billion electric vehicle investment project in Canada’s most populous province, including a proposed EV battery plant and retooled vehicle assembly facility ...

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

Ontario Premier Ford is vowing to hold auto companies that pull out from Ontario "accountable" after news that Honda is ...

TORONTO — Honda has postponed a $15-billion electric vehicle project in Ontario citing market demand. It marks the biggest ...

New Tecumseth Mayor Richard Norcross says he is disappointed with Honda's decision but he will continue to advocate for the project, which was expected to create about 1,000 jobs.

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

During the announcement of its 2024-2025 fiscal year financial results on May 13, Honda CEO Toshihiro Mibe stated that in the ...