Honda Canada is postponing a $15-billion electric vehicle investment project in Ontario, including a proposed EV battery ...

All three of Japan’s largest carmakers are struggling with tough market conditions in the world’s two largest economies. In ...

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

Honda’s CA$15 billion commitment was touted by former Prime Minister Justin Trudeau as the “largest auto investment in Canada ...

The six Nissan models that start under $30,000 include the Altima, Sentra and Versa sedans, Leaf electric car and Kicks and ...

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

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

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

Slowing demand for EVs and US tariffs impact on Canada’s auto sector force the Japanese automaker to postpone plans for an EV ...

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 ...

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

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