TOKYO, March 13 (Reuters) - Shares in Honda Motor fell more than 6% in Tokyo on Friday after the automaker flagged its first ...
Two of the three electric SUVs were to roll out of Honda's plant in Ohio this year with the third arriving in 2027. Now it's all scrapped.
The Japanese automaker said the change of plans will cost it up to $15.7 billion.
Honda has dramatically scaled back its electric vehicle ambitions in North America, confirming that it has canceled three EVs that were planned for U.S. production.
Only now, they won’t. Earlier today, Honda announced that it’s facing heavy losses for the financial year: between $5.1 billion and $7 billion (820 billion–1.12 trillion yen). To help stanch the flow, ...
The automaker is pulling the plug on a trio of long-promised vehicles that were set to bring big changes to the brand.
Honda announced a major shift in its future plans today with the cancellation of its U.S.-built 0 Series Saloon and SUV and Acura RSX (Acura is Honda's premium brand) before they were set to go on ...
Honda is undertaking what Macquarie describes as a full-scale “strategic reset” of its electric-vehicle ambitions, triggering a significant earnings downgrade.