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

Honda also said it would halt planned expansion due to fluctuating EV demand and uncertainty over U.S. President Donald Trump’s proposed tariffs on imported vehicles. CEO Toshihiro Mibe said the rapidly changing automotive landscape requires greater flexibility.

Honda and Nissan's potential $55 billion merger signals a major shift in the global automotive landscape as Japanese manufacturers fight to stay competitive. The historic deal could reshape vehicle prices and options while challenging Chinese dominance in the electric car market.

Japan's Honda Motor 7267.T forecast a 59% profit decrease in the current financial year and said it would put on hold a plan to build an EV supply chain in Canada, amid the uncertainty ...

Fast forward 12 months, and the auto industry is a very different landscape, thanks in part to Donald Trump’s return to the Oval Office. As a result, Honda is now pushing back its Canadian EV ...

Discover whether Suzuki or Honda led Pakistan's car sales in FY25. This detailed comparison explores sales performance, year-on-year growth.

Honda Canada will postpone a $15-billion electric vehicle investment project in Canada’s most populous province, including a proposed EV battery plant and retooled vehicle assembly facility ...