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Slower market demand, tariffs and evolving production strategies cited as some of the reasons why Honda is pausing its ...
The automaker is delaying the plan by at least two years while seeking increased production in the U.S. for multiple models ...
Honda is also postponing its $11 billion investment in Ontario EV factories due to slowing demand in North America.
The U.S.’ auto tariffs continue to make themselves felt in the industry. Honda has just announced that it will transfer the ...
The Canadian Press via MSN1 T.
Honda delays $15-billion EV project citing demand, shifts some CR-V output to U.S.Honda has postponed a $15-billion electric vehicle project in Ontario, citing market demand, and is shifting some production ...
On May 2, General Motors Co. announced it was cutting a third shift at its Oshawa, Ont., assembly plant, where it produces Chevrolet Silverado pickup trucks. Before that, it halted production at its ...
Due to the US President’s tariff policy, carmakers across the globe are considering boosting their local US-based ...
The beleaguered Japanese automaker will leverage its partnership with Renault for India and Europe while Mitsubishi will be ...
Honda said on Tuesday it would postpone by at least two years its large-scale investments to establish an electric vehicle ...
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