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Slower market demand, tariffs and evolving production strategies cited as some of the reasons why Honda is pausing its ...
Honda said its plan to build an EV supply chain in Alliston, Ont. — which was first announced in April 2024 — would be paused ...
Honda is also postponing its $11 billion investment in Ontario EV factories due to slowing demand in North America.
President Trump’s trade war again tests Canada’s new government. Honda is also postponing a major electric vehicle factory in ...
Honda announced the postponement on Tuesday after forecasting a 59 per cent profit decline in the current fiscal year.