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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 ...
Subaru is the latest Japanese automaker to announce it will “re-evaluate” its EV plans. The company is rethinking its ...
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 ...
It’s tough being a legacy Japanese carmaker these days, what with a plethora of new models springing forth in every possible ...
Japanese auto giant Honda has pumped the brakes on its $15 billion plan to build an electric vehicle supply chain in Canada, ...
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 has announced a two-year pause on its Ontario investments that included retooling an assembly facility and ...
Electric vehicles set to surpass 25% of global sales by 2025 as affordability improves and China leads the market, IEA report ...
Honda Motor has delayed its planned $15bn electric vehicle (EV) battery and assembly facility in Ontario by approximately two ...
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