Toyota Motor Corporation told its suppliers it will cover the added costs stemming from new United States tariffs, according to sources cited by the Financial Times on Wednesday. The move comes after US President Donald Trump unveiled a sweeping 25% tariff on all imported cars, raising...
Canada's Minister of Innovation, Science and Industry Anita Anand denied reports on Tuesday that Honda is planning to move the production of its cars from Canada to the United States."We are aware of the unconfirmed reports of future changes to Honda's production plans for Canada. I am in close...
Honda Motor Co., Ltd. is considering moving the production of its cars from Mexico and Canada to the United States in response to US President Donald Trump's 25% tariff on all cars that are not US-made, Nikkei reported on Tuesday.According to the report, the Japanese carmaker is contemplating this...
Honda Motor Co., Ltd. announced on Friday it will partner with US-based Sierra Space and Tec-Masters to test a key component of its water electrolysis system aboard the International Space Station (ISS). The goal is to develop a regenerative fuel cell system that can sustain human life during...
American Honda Motor Co., Inc., a subsidiary of Honda Motor Company, announced on Tuesday that it sold 147,792 vehicles in March, marking a 13.2% increase from the previous month. First-quarter sales totaled 351,577 units, reflecting a 5.3% rise year to date.The company's light trucks set an...
Honda Motor Co., Ltd. launched on Monday its newest electric scooter, the ICON e:, exclusively in Vietnam.According to the announcement the company's Vietnamese branch made on Facebook, the scooter will be available for purchase in April and cost 29 million dong (approximately $1,130),...
Honda Motor Co. Ltd. will be procuring batteries for its hybrid vehicles from Toyota Motor Co.'s factory in the United States, Nikkei reported on Monday.According to the media outlet, batteries for 400,000 cars will be secured, which is enough for all the hybrid vehicles it sells in the country. The...
Renault S.A. Chairman Jean-Dominique Senard disclosed on Monday that the company has no issue with Nissan Motor Co. forming partnerships that benefit both automakers.Speaking to France’s BFM TV, he clarified that while Renault remains open to suitable collaborations, Honda Motor Co.’s...
Taiwanese electronics giant Foxconn has reportedly put forward a proposal to Japanese carmaker Honda Motor for a strategic partnership, which would establish a collaborative framework involving four companies, including Nissan Motors and Mitsubishi Motors, sources told Nikkei Asia on Friday.The...
Honda Motor Co.,Ltd. is supposedly willing to re-enter merger talks with Nissan Motor Co. if the latter's CEO Makoto Uchida steps down, the Financial Times reported, citing people with knowledge of the deliberations.Even though Uchida was one of the chief advocates for the deal that would see the...
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