Japan's Honda Motor forecast a 59% profit decrease in the current financial year and said it would put on hold a plan to ...

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

Honda said its plan to build an EV supply chain in Alliston, Ont. — which was first announced in April 2024 — would be paused ...

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

Jim Hinton, intellectual property lawyer and founder of Own Innovation, says Honda postponing its plan for an EV plant in ...

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

Honda's forecast is the latest signal of the difficulty car makers are having navigating tariffs alongside the rise of Chinese EV producers.

The development won’t affect jobs at Honda’s Alliston, Ont., plant, but it comes at a turbulent for the province’s automotive ...

Slowing demand for EVs and US tariffs impact on Canada’s auto sector force the Japanese automaker to postpone plans for an EV ...

Honda Canada will postpone a $15-billion electric vehicle investment project in Canada’s most populous province, including a proposed EV battery plant and retooled vehicle assembly facility ...

Ontario Premier Ford is vowing to hold auto companies that pull out from Ontario "accountable" after news that Honda is ...

New Tecumseth Mayor Richard Norcross says he is disappointed with Honda's decision but he will continue to advocate for the project, which was expected to create about 1,000 jobs.