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

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

Electrification was and is the tsunami that eclipsed autonomous driving as the next big wave in the automotive industry.

During the announcement of its 2024-2025 fiscal year financial results on May 13, Honda CEO Toshihiro Mibe stated that in the ...

Honda has postponed a $15-billion electric vehicle project in Ontario, citing market demand, and is shifting some production ...

President Trump’s trade war again tests Canada’s new government. Honda is also postponing a major electric vehicle factory in ...

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 ...

Due to celebrate its 40th anniversary in 2026, Acura faces challenges but also has a big opportunity which few are seeing.