The company will move production of the CR-V SUV from Canada and the HR ... Such a step would make it possible for Honda to switch to a three-shift system from two shifts and extend production ...

In response to tariff talk from the Trump administration, Honda appears to be getting ready to move production of CR-V crossovers intended for American customers away from its plant in Canada and towards a facility in the United States. But hold the phone: it seems the situation may not be completely dire.

Honda Motor Company confirmed this week it will transfer some vehicle production from Japan to the US this year in response to the US government’s recent 25% hike in tariffs on vehicles imported into the country.

Honda said on Tuesday it would postpone by at least two years its large-scale investments to establish an electric vehicle supply chain in Canada. Originally announced in April of last year , the project is valued at $15 billion,

Honda's fully-electric offering is the Prologue, an SUV with an MSRP of $47,500 ... builds gas-powered and electric cars on the same production lines.