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.

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

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 ...

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

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 ...

Honda announced that it is pausing about $15 billion in planned EV investments to build electric vehicle and battery ...