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 ...
Honda Motor reports 76% plunge in operating profit in huge earnings miss
Fourth-quarter revenue was in line with LSEG mean estimates, but fourth-quarter operating profit posted a huge miss. Revenue ...
Honda Postpones $11 Billion Canada EV Project on Weak Sales -- 2nd Update
Postponing the Canadian EV project is part of the automaker's effort to contain the damage from hefty U.S. tariffs on foreign-made vehicles. Honda said it expects its net profit to drop 70% to 250 ...
Honda’s plans to delay electric vehicle factories ‘a blow to the community’
Honda announced the postponement on Tuesday after forecasting a 59 per cent profit decline in the current fiscal year.
Top Stock Movers Now: Nvidia, UnitedHealth Group, Honda, and More
U.S. equities were mixed at midday, with tech shares and a better-than-expected consumer inflation report lifting the S&P 500 ...
Honda postpones $15B of electric vehicle investments in Ontario
Honda Canada is postponing a $15-billion electric vehicle investment project in Ontario, including a proposed EV battery ...
The Canadian Press on MSN2h
Honda delays $15-billion EV project citing demand, shifts some CR-V output to U.S.
TORONTO - Honda has postponed a $15-billion electric vehicle project in Ontario, citing market demand, and is shifting some ...
Ford set to speak after Honda postpones Ontario EV supply chain
Ontario Premier Doug Ford is set to speak with reporters on Tuesday, hours after the auto giant Honda announced it is putting ...