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Japanese automaker Honda reports booming profit on sales growth, weak yen - Business News

Japanese automaker Honda reports booming profit on sales growth, weak yen - Business News
castanetkamloops.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from castanetkamloops.net Daily Mail and Mail on Sunday newspapers.

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Honda Announces $11 Billion EV Battery and Vehicle Plant in Canada

Once fully operational, the factory will have a production capacity of 240,000 vehicles per year.

United statesNorth carolinaDoug fordToshihiro mibeJustin trudeauAsahi kaseiChief executive toshihiro mibePrime minister justin trudeauToyota battery manufacturing northPremier doug fordInflation reduction act

Honda and Partners to Invest C$15 Billion in EV Production and EV Batteries in Canada --Update

By Peter Landers and Chieko Tsuneoka TOKYO Honda Motor said it would invest 15 billion Canadian dollars, the equivalent of about $11 billion, in building an electric-vehicle manufacturing.

United statesSouth koreaAsahi kaseiChieko tsuneokaToshihiro mibePeter landersPosco groupKorea lg energy solutionHonda motorChief executive toshihiro mibeNorth americaDow jones

Honda unveils its first electric SUV - Los Angeles Times

The Japanese carmaker unveiled the brand’s first electric SUV, marking a renewed push into fully electric vehicles to complement its hot-selling gas-electric hybrids.

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Japan s automakers have a made-in-China sales crisis

TOKYO : Japan’s automakers are facing a sales crisis in China, data shows, as a rapid shift to electric vehicles (EVs) has upended the world’s largest auto market and led to a plunge in purchases of gasoline-powered cars. Total sales of Japanese auto brands in China were down 32 percent year-on-year in the first quarter, more than double the pace of the overall market

United statesYasushi matsuiKoji satoBill russoToshihiro mibeMasatoshi nishimotoToyota motor corpNissan motor coChina association of automobile manufacturersMazda motor corpMitsubishi motors corpHonda motor coDenso corpMotors corpChina associationAutomobile manufacturers