Honda Motor Co. Chief Executive Toshihiro Mibe called the decisions “a switch in the planned course,” while stressing the ...

Honda Motor Co., Ltd on Tuesday released new details explaining why it is delaying its planned $15 billion investment in a ...

Japanese carmaker Honda Motor announced on Tuesday that it is realigning its automobile strategy, lowering its planned ...

Research from Canada's parliamentary budget watchdog indicates that manufacturers, between 2020 and 2024, unveiled plans to invest roughly $33 billion in EV and related supply-chain production. The ...

Originally aiming for EVs to comprise 30 per cent of its global vehicle sales by 2030, Honda has now abandoned that target.

short-term production shift strategies to mitigate negative developments, he added. It was about 13 months ago when Honda unveiled its plan for the Canada EV project, about 70 miles northwest of ...

True, demand hasn’t accelerated as rapidly as many hoped, prompting automakers to reconsider their EV strategies ... light of the delays, Honda also confirmed it would shift some the CR-V ...

Like other EV projects ... days announced layoffs, shift reductions and temporary shutdowns at Ontario plants in Oshawa, Ingersoll and Windsor. In April, Honda denied reports it was considering ...