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

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 ...

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

Honda announced the postponement on Tuesday after forecasting a 59 per cent profit decline in the current fiscal year.

Among the major government-backed EV-making investments announced in the past few years, Honda’s stands to be both the ...

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

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

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

Touted as a major addition to Ontario's manufacturing base, the project meant for Alliston, north of Toronto, hit roadblocks ...