News

Canada's National Observer13h
Honda pumps brakes on $15 billion EV hub, Ontario premier vows to hold auto firms 'accountable'
Slowing demand for EVs and US tariffs impact on Canada’s auto sector force the Japanese automaker to postpone plans for an EV ...
Ford reacts as Honda pauses EV project amid Trump's tariffs
Honda is postponing plans to build an EV supply chain in Alliston, Ont., for about two years. The news comes as U.S. President Donald Trump’s tariffs create uncertainty across the industry and as ...
Wealth Professional2h
Honda delays $15 billion EV build as demand stalls and tariffs bite
Honda Motor has delayed its planned $15bn electric vehicle (EV) battery and assembly facility in Ontario by approximately two ...
Canada's National Observer22h
Honda pumps brakes on $15 billion EV hub but Ontario premier says expansion 'intact'
Slowing demand for EVs and US tariffs on Canada’s auto sector force the Japanese automaker to postpone plans for an EV supply ...
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 ...
Ford says its team is 'in the trenches' trying to minimize the impact of tariffs on its business
Ford reported that it has offset $1 billion in tariff-related costs, out of the expected $2.5 billion.
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 ...
Tesla Is Desperate To Unload New Model Ys
Today we're looking at Tesla's desperate attempts to get people to buy the refreshed Model Y, as well as the trade ...