Honda Motor Co. Chief Executive Toshihiro Mibe called the decisions “a switch in the planned course,” while stressing the ...

In a significant shift in its long-term strategy, Honda Motor Co. (7267.T) announced on Tuesday that it is scaling back its ambitious electric vehicle (EV) investment plans, opting instead to double ...

Honda Motor said on Tuesday that it was scaling back its investment in electric vehicles (EVs) given slowing demand and would be focusing on capturing growing demand for hybrids with new models.

Like a person rebounding after a relationship ends, Honda is ready to move on and travel a different path following its ...

Honda cuts EV investment to ¥7T, shifting focus to hybrids amid slowing global demand. EVs to make up less than 30% of sales by 2030. Hybrid tech, electric two-wheelers in India, and new models remain ...

Stellantis has ranked at or almost at the bottom of an annual survey for years. Toyota, Honda and General Motors improved; Ford and Nissan dropped.

Stellantis may soon have a new CEO, and it’s likely someone already in the building. Antonio Filosa, the company’s chief ...

Honda aims to sell 2.2 million hybrids a year by the end of the decade and is reducing EV investment amid slowing consumer ...