The company confirmed it no longer expects to hit its goal of making 30% of global car sales EVs by 2030. The automaker previously hoped to offer a 100% electric lineup by 2040, by the way. The update ...

So far, however, the Arrow lacks momentum and faces major competitive realities, writes Terence Corcoran. (Credit: Derek ...

The company said there will be no impact on jobs at the plant, which employs 3,800 hourly workers and also makes minivans ...

Donald Trump’s vehicle levies could slash an average 18 per cent off volume sales from Toyota, Nissan and Honda in their most ...

The automaker cites a market slowdown as it cuts its planned investment, but a couple of futuristic EVs are still in the ...

Honda will invest $48 billion through the fiscal year ending in 2031 on an electrification strategy instead of a planned $69 ...

Honda Motor is shifting focus from electric vehicles to hybrids, cutting EV investments by 30% due to slowing global demands.

Honda said Tuesday electric vehicle sales were slowing in the U.S., prompting the Japanese automaker to scrap its previous ...

Japanese auto giant Honda Motor has announced that it is slashing its investments into electric vehicles by 30%, just a week ...

One week after announcing it would postpone by at least two years its large-scale investments to establish an electric vehicle supply chain in Ontario, Honda now says it plans to cut R&D investment in ...

The automaker cited several factors for its decision, including slower than expected EV adoption, trade policies and relaxed ...