Americans bought a total of 15,549,907 new cars, trucks, and SUVs in 2023, according to analysts S&P Global Mobility. It wasn ...

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 ...

The automaker is delaying the plan by at least two years while seeking increased production in the U.S. for multiple models ...

Honda is also postponing its $11 billion investment in Ontario EV factories due to slowing demand in North America.

Honda has postponed a $15-billion electric vehicle project in Ontario, citing market demand, and is shifting some production ...

On May 2, General Motors Co. announced it was cutting a third shift at its Oshawa, Ont., assembly plant, where it produces Chevrolet Silverado pickup trucks. Before that, it halted production at its ...

Due to the US President’s tariff policy, carmakers across the globe are considering boosting their local US-based ...

The beleaguered Japanese automaker will leverage its partnership with Renault for India and Europe while Mitsubishi will be ...

Honda said on Tuesday it would postpone by at least two years its large-scale investments to establish an electric vehicle ...