News

Honda to postpone plans for EV plant in Canada for at least 2 years
Honda said its plan to build an EV supply chain in Alliston, Ont. — which was first announced in April 2024 — would be paused ...
Canada's National Observer1d
Honda pumps brakes on $15 billion EV hub, Ontario premier vows to hold auto firms 'accountable'
Slowing demand for EVs and US tariffs impact on Canada’s auto sector force the Japanese automaker to postpone plans for an EV ...
Honda sees full-year profit down 59% as US tariffs bite, postpones Canada EV plans
Japan's Honda Motor forecast a 59% profit decrease in the current financial year and said it would put on hold a plan to ...
Ford reacts as Honda pauses EV project amid Trump's tariffs
Honda is postponing plans to build an EV supply chain in Alliston, Ont., for about two years. The news comes as U.S. President Donald Trump’s tariffs create uncertainty across the industry and as ...
Canada's National Observer1d
Honda pumps brakes on $15 billion EV hub but Ontario premier says expansion 'intact'
Slowing demand for EVs and US tariffs on Canada’s auto sector force the Japanese automaker to postpone plans for an EV supply ...
Honda Signals Profit Drop, Warns of $3 Billion Tariff Hit
Honda Motor Co. is expecting a ¥450 billion ($3 billion) hit to its full-year profit as it braces for the fallout of US ...
Tesla Is Desperate To Unload New Model Ys
Today we're looking at Tesla's desperate attempts to get people to buy the refreshed Model Y, as well as the trade ...