Honda pauses planned EV factory in Canada amid tariff war

Honda announced that it is pausing about $15 billion in planned EV investments to build electric vehicle and battery factories in Canada amid uncertainty over trade. It’s the latest example of Canada’s backing the US plan backfiring. A few years ago, Canada sided with the US in its plan to save the US auto industry,… Continue reading Honda pauses planned EV factory in Canada amid tariff war

New Nissan CEO Announces Major Restructuring: 20,000 Job Cuts and Plant Closures

Nissan Motor Co., Ltd., one of Japan’s leading automakers, has announced aggressive restructuring measures this week under a new CEO who took over last month. These include doubling previously planned job cuts to 20,000, suspending operations at select domestic factories in Japan, and closing seven production plants globally by fiscal year 2027. Escalation of Job… Continue reading New Nissan CEO Announces Major Restructuring: 20,000 Job Cuts and Plant Closures

GOP tax bill helps its biggest donor Musk, but harms his company, Tesla

Republicans announced a new tax plan today and it’s just about as bad for America as expected, taking money for healthcare, clean air and energy efficiency from American families and sending it to the ultra-wealthy instead. You might think that this helps one of those ultra-wealthy, Elon Musk, who gave hundreds of millions of dollars… Continue reading GOP tax bill helps its biggest donor Musk, but harms his company, Tesla

Clean Technica: Shaq Ditched His Tesla Cybertrucks For This New EV — And Why004017

Sign up for CleanTechnica’s Weekly Substack for Zach and Scott’s in-depth analyses and high level summaries, sign up for our daily newsletter, and/or follow us on Google News! To those of us who grew up in the ’90s, Shaq (Shaquille O’Neal) is an iconic name. He’s LARGE and was a dominant force in the NBA,… Continue reading Clean Technica: Shaq Ditched His Tesla Cybertrucks For This New EV — And Why004017

Tariffs Push Honda to Move Production From Canada to U.S.

In the face of U.S. tariffs, Honda said on Monday that it would shift production of one of its popular vehicles from Ontario to a U.S. factory and postpone an $11 billion plan to make electric vehicles and batteries in Canada. The announcement came less than a month after Honda denied a report in the… Continue reading Tariffs Push Honda to Move Production From Canada to U.S.

Is Slate Auto’s Electric Truck the Answer to Expensive Cars?

When Slate Auto, a start-up, unveiled a roughly $25,000 electric pickup truck last month, social media lit up with comments. Many people saw the no-frills vehicle, with an easy-to-repair body and nostalgic hand crank windows, as a refreshing antidote to today’s overstuffed and increasingly unaffordable cars. How unaffordable? Average monthly payments on new cars have… Continue reading Is Slate Auto’s Electric Truck the Answer to Expensive Cars?

Honda Motor reports 76% plunge in operating profit in huge earnings miss

Honda is seen at the New York International Auto Show on April 16, 2025. Danielle DeVries | CNBC Japanese auto giant Honda missed fiscal fourth-quarter earnings estimates as operating profit plunged 76%, with the company bracing for the full impact of U.S. tariffs. Here are Honda’s results compared with mean estimates from LSEG: Revenue: 5.36… Continue reading Honda Motor reports 76% plunge in operating profit in huge earnings miss