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Honda announced the postponement on Tuesday after forecasting a 59 per cent profit decline in the current fiscal year.
Honda Canada is postponing a $15-billion electric vehicle investment project in Ontario, including a proposed EV 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 ...
U.S. equities were mixed at midday, with tech shares and a better-than-expected consumer inflation report lifting the S&P 500 ...
TORONTO--Honda Canada will postpone a $15-billion Canadian (US$10.7 billion) electric vehicle investment project in Canada's most populous province, including a proposed EV battery plant and retooled ...
Touted as a major addition to Ontario's manufacturing base, the project meant for Alliston, north of Toronto, hit roadblocks ...
Fourth-quarter revenue was in line with LSEG mean estimates, but fourth-quarter operating profit posted a huge miss. Revenue ...
The Canadian Press on MSN1h
Honda delays $15-billion EV project citing demand, shifts some CR-V output to U.S.TORONTO - Honda has postponed a $15-billion electric vehicle project in Ontario, citing market demand, and is shifting some ...
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