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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 ...
Honda’s CA$15 billion commitment was touted by former Prime Minister Justin Trudeau as the “largest auto investment in Canada ...
The automaker is delaying the plan by at least two years while seeking increased production in the U.S. for multiple models ...
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 ...
Discover how top automakers are planning their EV goals, model launches, and sustainability targets through 2030.
Honda has postponed a $15-billion electric vehicle project in Ontario, citing market demand, and is shifting some production ...
Due to the US President’s tariff policy, carmakers across the globe are considering boosting their local US-based production.
Revealed last November, the new point of entry for Acura SUVs packs a standard 190 horsepower and 179 pound-feet of torque ...
According to recent reports from Japanese automaker Mazda, the suspension of production only includes one of its SUV models In an official statement, Shein said that recent changes in ...
Witnesses were relieved the red Honda SUV involved did not hit anyone. “It’s lucky someone wasn’t standing right here,” said a witness who recorded video of the aftermath. The cellphone ...