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Honda said its plan to build an EV supply chain in Alliston, Ont. — which was first announced in April 2024 — would be paused ...
Slower market demand, tariffs and evolving production strategies cited as some of the reasons why Honda is pausing its ...
Honda's forecast is the latest signal of the difficulty car makers are having navigating tariffs alongside the rise of ...
Ontario Premier Ford is vowing to hold auto companies that pull out from Ontario "accountable" after news that ...
Honda has assured Canada that no jobs will be lost and it is committed to major electric vehicle investments in the country, ...
Honda delays its $15 billion investment in Canada due to slowing EV demand. The postponement affects plans for a ...
Honda Malaysia has launched its first all-electric vehicle in the country, with the e:N1 making its official debut earlier ...
The development won’t affect jobs at Honda’s Alliston, Ont., plant, but it comes at a turbulent for the province’s automotive ...
Research from Canada's parliamentary budget watchdog indicates that manufacturers, between 2020 and 2024, unveiled plans to invest roughly $33 billion in EV and related supply-chain production. The ...
Honda said on Tuesday it would postpone by at least two years its large-scale investments to establish an electric vehicle ...
Honda announced the postponement on Tuesday after forecasting a 59 per cent profit decline in the current fiscal year.
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 ...
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