Honda indefinitely suspends Canadian EV plant plan as it posts first-ever annual loss

TORONTO — Honda Canada indefinitely suspended its plans for a $15-billion electric vehicle complex in Ontario, the Japanese automaker said, as it posted its first-ever annual loss.
The company said Thursday the decision does not affect the current employment or production

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February 3, 2025

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Honda indefinitely suspends Canadian EV plant plan as it posts first-ever annual loss

Honda indefinitely suspends Canadian EV plant plan as it posts first-ever annual loss

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