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President Trump’s trade war again tests Canada’s new government. Honda is also canceling plans for a major electric vehicle ...
Honda has reported its profit for the fiscal year through March slipped 24.5% from the previous year as its vehicle sales in ...
Japan's Honda Motor forecast a 59% profit decrease in the current financial year and said it would put on hold a plan to ...
U.S. equities were mixed at midday, with tech shares and a better-than-expected consumer inflation report lifting the S&P 500 ...
Fourth-quarter revenue was in line with LSEG mean estimates, but fourth-quarter operating profit posted a huge miss. Revenue ...
Honda Canada spokesman Ken Chiu said Tuesday due to the recent slowdown in the EV market, Honda has announced an approximate ...
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Two major Japanese automakers have warned that earnings will be hit hard by U.S. tariffs, underlining the risk of an ...
Slowing demand for EVs and US tariffs on Canada’s auto sector force the Japanese automaker to postpone plans for an EV supply ...
Honda announced that it is pausing about $15 billion in planned EV investments to build electric vehicle and battery ...
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 Canada has delayed a $15 billion electric vehicle investment in Ontario due to a slowdown in the EV market. This ...
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