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Honda Delays $15B Ontario EV Project; Ford Vows Accountability
Ontario Premier Doug Ford says he will make sure auto companies, including Honda, follow through on their commitments to build cars in the province. His comments came after Honda announced it was putting its $15 billion electric vehicle (EV) supply chain project in Alliston,
Honda is postponing plans to build an EV supply chain in Alliston, Ont., for about two years. The news comes as U.S.
Slowing demand for EVs and US tariffs impact on Canada’s auto sector force the Japanese automaker to postpone plans for an EV ...
During the announcement of its 2024-2025 fiscal year financial results on May 13, Honda CEO Toshihiro Mibe stated that in the ...
Honda said its plan to build an EV supply chain in Alliston, Ont. — which was first announced in April 2024 — would be paused ...
Slowing demand for EVs and US tariffs on Canada’s auto sector force the Japanese automaker to postpone plans for an EV supply ...
Honda's forecast is the latest signal of the difficulty car makers are having navigating tariffs alongside the rise of Chinese EV producers.
Honda Motor Co. is expecting a ¥450 billion ($3 billion) hit to its full-year profit as it braces for the fallout of US ...
7don MSN
Ford reported that it has offset $1 billion in tariff-related costs, out of the expected $2.5 billion.
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