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Some Honda CR-V production shifting from Ontario to Ohio
In response to tariff talk from the Trump administration, Honda appears to be getting ready to move production of CR-V crossovers intended for American customers away from its plant in Canada and towards a facility in the United States. But hold the phone: it seems the situation may not be completely dire.
The company will move production of the CR-V SUV from Canada and the HR ... Such a step would make it possible for Honda to switch to a three-shift system from two shifts and extend ...
Honda said on Tuesday it would postpone by at least two years its large-scale investments to establish an electric vehicle ...
Honda's fully-electric offering is the Prologue, an SUV with an MSRP of $47,500 ... builds gas-powered and electric cars on the same production lines.
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 ...
Slowing demand for EVs and US tariffs impact on Canada’s auto sector force the Japanese automaker to postpone plans for an EV ...
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