Honda says electric vehicle sales were slowing in the U.S., prompting the Japanese automaker to scrap its previous goal of ...

Honda announced on Tuesday that it will scale back its ambitious electric vehicle (EV) targets, citing slower-than-expected ...

Instead of the initial plan to invest 10 trillion Yen ($69 billion) in an electrification strategy through the fiscal year ending in 2031, Honda is reducing ... the long-term shift toward ...

Honda Motor Co said Tuesday electric vehicle sales were slowing in the U.S., prompting the Japanese automaker to scrap its previous goal for EVs to be 30% of its global vehicle sales by 2030. Instead ...

Honda Motor Co., Ltd on Tuesday released ... fallen behind the company’s initial projections. As a corollary shift in strategy, the company plans to instead increase its production of hybrid-electric ...

Honda chief executive Toshihiro Mibe speaks ... behind the company’s initial projections. As a corollary shift in strategy, the company plans to instead increase its production of hybrid-electric ...

On Tuesday, the Japanese carmaker said it will focus on hybrid cars ... electric cars in the developed countries. “Honda is reassessing its EV strategy and roadmap, including plans for the ...

Honda Motor Co. Ltd. says it is altering its manufacturing strategy so that its Alliston ... as Honda is now doing by shifting some export responsibilities to Canada. But the U.S. market remains the ...

“Although the targets are ambitious, the strategies and actions are well-defined ... plus accelerate job reformation, work shift adjustments, and capital expenditure reductions.