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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 assured Canada that no jobs will be lost and it is committed to major electric vehicle investments in the country, ...
Slower market demand, tariffs and evolving production strategies cited as some of the reasons why Honda is pausing its ...
Ontario Premier Ford is vowing to hold auto companies that pull out from Ontario "accountable" after news that ...
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.
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 ...
The Canadian Press on MSN2d
Honda postpones $15-billion EV investment project in Ontario citing market demandUse precise geolocation data. Actively scan device characteristics for identification. Store and/or access information on a ...
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 ...
Japan's Honda Motor forecast a 59% profit decrease in the current financial year and said it would put on hold a plan to ...
The development won’t affect jobs at Honda’s Alliston, Ont., plant, but it comes at a turbulent for the province’s automotive ...
Plans to build electric vehicles (EV) and strengthen the supply chain at the Honda of Canada Manufacturing plant in Alliston ...
Honda Canada announced it was suspending construction on about $15B worth of EV assembly plants in Ontario. Sun political ...
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