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News

Honda to postpone plans for EV plant in Canada

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Honda sees full-year profit down 59% as US tariffs bite, postpones Canada EV plans
Japan's Honda Motor forecast a 59% profit decrease in the current financial year and said it would put on hold a plan to build an EV supply chain in Canada, amid the uncertainty stemming from U.S. President Donald Trump's tariffs.

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 · 23h · on MSN
 · 20h
Honda Canada postpones multibillion EV investment project in Ontario
 · 18h · on MSN
Honda pauses $15B investment in Canadian EV plants

Honda Signals Profit Drop

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Honda braces for $3bn tariff impact on profits
Honda Motor anticipates a substantial Y450bn ($3bn) impact on its full-year profit as a result of US President Donald Trump's auto tariffs.

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Just Auto · 31m
 · 16h
Tariff Misery in Japan: Honda and Nissan Forecast Plunges in Profit
 · 1d · on MSN
Honda Signals Profit Drop, Warns of $3 Billion Tariff Hit
23h
Honda Braces for a $4.4 Billion Tariff Bill
Tariffs could cost Japan's second-largest automaker up to 650 billion yen this financial year—equivalent to $4.4 billion and almost half last year’s profit. Reporting results Tuesday, Honda forecast a ...
23h
Nissan takes axe to costs after tough year; Honda sees profit falling
The Japanese automaker confirmed it would cut 11,000 more jobs and slim down production.Nissan also saw its profit almost ...

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