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Slower market demand, tariffs and evolving production strategies cited as some of the reasons why Honda is pausing its ...
The halted investment marks by far the biggest project delay yet in Canada as the outlook for EV growth softens.
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, ...
Industry Minister Mélanie Joly says Honda Canada remains "fully committed" to major electric-vehicle investments in Canada ...
With Canada’s electric vehicle industry stalling this week, some are worried the sector may experience a full-scale power ...
Honda Motor Co. Ltd. says it is altering its manufacturing strategy so that its Alliston, Ont., plant will now produce its ...
Honda is postponing its $10.7 billion expansion in Ontario to make EVs and EV components for two years. The brand cites reduced profits from U.S. tariffs and softer-than-expected demand for EVs in the ...
Honda Canada has announced a two-year pause on its Ontario investments that included retooling an assembly facility and ...
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 ...
Japan's Honda Motor forecast a 59% profit decrease in the current financial year and said it would put on hold a plan to ...