News

Honda of Canada announced this week, they would be pausing plans for the proposed electric vehicle and battery plants in Alliston. Originally announced in April 2024, the $15 billion project would see ...
PowerCo ‘confident’ its facility in St. Thomas, Ont., set to employ 3,000 workers, will shift into production in 2027 ...
Microsoft layoffs, Honda hits the brakes (or is a rolling stop) on EV project, CAE points to growth and Walmart warns of ...
The halted investment marks by far the biggest project delay yet in Canada as the outlook for EV growth softens.
Slower market demand, tariffs and evolving production strategies cited as some of the reasons why Honda is pausing its ...
David Adams, chief executive at the Global Automakers of Canada, talks with Financial Post’s Larysa Harapyn about the pause ...
Honda Motor Co., Ltd.'s FY2025 earnings show strong motorcycle sales, but auto struggles, a 12% profit dip, and FY2026 ...
Honda has assured Canada that no jobs will be lost and it is committed to major electric vehicle investments in the country, ...
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 ...
Honda Canada has announced a two-year pause on its Ontario investments that included retooling an assembly facility and ...
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 ...
Honda is postponing its $10.7 billion expansion in Ontario to make EVs and EV components for two years. The brand cites reduced profits from U.S. tariffs and softer-than-expected demand for EVs in the ...