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Slower market demand, tariffs and evolving production strategies cited as some of the reasons why Honda is pausing its ...
Honda said its plan to build an EV supply chain in Alliston, Ont. — which was first announced in April 2024 — would be paused ...
Honda announced on Tuesday that it has postponed a $15-billion electric-vehicle project, citing market demand, and is shifting some production of its popular CR-V model intended for the U.S. market to ...
Honda delays its $15 billion investment in Canada due to slowing EV demand. The postponement affects plans for a ...
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 has announced a two-year pause on its Ontario investments that included retooling an assembly facility and ...
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 on Tuesday it would postpone by at least two years its large-scale investments to establish an electric vehicle ...
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 ...
The Canadian Press on MSN2d
Honda delays $15-billion EV project citing demand, shifts some CR-V output to U.S.TORONTO - Honda has postponed a $15-billion electric vehicle project in Ontario, citing market demand, and is shifting some ...
Honda Canada announced it was suspending construction on about $15B worth of EV assembly plants in Ontario. Sun political ...
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