News

Canada's National Observer14h
Honda pumps brakes on $15 billion EV hub, Ontario premier vows to hold auto firms 'accountable'
Slowing demand for EVs and US tariffs impact on Canada’s auto sector force the Japanese automaker to postpone plans for an EV ...
Ford reacts as Honda pauses EV project amid Trump's tariffs
Honda is postponing plans to build an EV supply chain in Alliston, Ont., for about two years. The news comes as U.S. President Donald Trump’s tariffs create uncertainty across the industry and as ...
Honda Says U.S. Tariffs Will Erase $4 Billion From Profits
Japanese automaker Honda is warning that U.S. auto tariffs are expected to carve a "huge" hole in its operating profit within ...
Canada's National Observer23h
Honda pumps brakes on $15 billion EV hub but Ontario premier says expansion 'intact'
Slowing demand for EVs and US tariffs on Canada’s auto sector force the Japanese automaker to postpone plans for an EV supply ...
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 ...
Ford says its team is 'in the trenches' trying to minimize the impact of tariffs on its business
Ford reported that it has offset $1 billion in tariff-related costs, out of the expected $2.5 billion.
Honda faces 59% profit drop, pauses EV supply chain expansion in Canada
Honda's forecast is the latest signal of the difficulty car makers are having navigating tariffs alongside the rise of ...