Honda Canada has announced a two-year pause on its Ontario investments that included retooling an assembly facility and ...

Research from Canada's parliamentary budget watchdog indicates that manufacturers, between 2020 and 2024, unveiled plans to invest roughly $33 billion in EV and related supply-chain production. The ...

Japanese automakers are grappling with a seismic financial challenge as U.S. President Donald Trump’s 25% tariffs on imported ...

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 ...

Japan’s biggest carmakers are looking at a hit of more than $19 billion from US President Donald Trump’s tariffs that have left the global auto industry reeling.Most Read from BloombergAs Coastline ...

Japanese auto giant Honda has pumped the brakes on its $15 billion plan to build an electric vehicle supply chain in Canada, ...

The move by the Trump administration to lower tariffs on goods from China to 30% from 120%, still offers limited reprieve for ...

Honda’s CA$15 billion commitment was touted by former Prime Minister Justin Trudeau as the “largest auto investment in Canada ...

Honda said it is delaying its scale-up in the community of Alliston, which includes a battery plant and retooled vehicle ...

Honda Canada is postponing its $15 billion electric vehicle project in Ontario for approximately two years, pointing to weak ...

Honda is also postponing its $11 billion investment in Ontario EV factories due to slowing demand in North America.

The Detroit automaker is trying to lower its battery costs to enable cost parity with its gas-powered products by adding new ...