The EV market is trying to stay afloat in an industry that is starting to look like quicksand. Kia is no rule bender and is also ditches an EV to steer resources into other directions. This time, the ...
The only Honda group EV left on sale in the U.S. is the Prologue, a reskinned Chevy Blazer EV built in a GM factory. That makes Honda the only major automaker in this market to have never built its ...
Honda has made the tough financial decision to cancel three electric vehicle programs in the face of a slower than expected global transition to EVs. The statement added, "As a result, in the ...
Honda cancels three high-profile EVs, including the Acura RSX, posting billions in losses as it retreats from its North American electrification strategy.
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 says it will book $15.7 billion in EV losses while reassessing its strategy, and several upcoming North American ...
Porsche dove into the SUV market in 2003. Though it originally pulled directly from the Volkswagen Touareg, Porsche soon made the Cayenne its own with distinctive engines, transmi ...
The Japanese automaker said the change of plans will cost it up to $15.7 billion.
Honda was set to launch three new electric vehicles in the US this year, but that will no longer happen. Why is Honda canceling the 0 series EVs and Acura RSX? The Japanese automaker announced on ...
Honda said it booked a charge of up to $15.7 billion as it retreats from some EV plans. The Japanese automaker joins other global legacy automakers announcing billion-dollar EV charges. The Honda 0 ...
Compact electric SUV combines impressive performance with Toyota quality, but there's little dynamic joy to be found.
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, ...
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