Honda News Updates

BusinessTechnology

Honda to Invest $65 Billion Over 10 Years to Bolster EV Push

Honda will invest $65 billion on its electrification strategy this decade as it expects demand for battery-powered vehicles will rebound from short-term headwinds.

May 16, 2024
BusinessTechnologyEquipment

Honda and Nissan to Partner on EVs, Intelligent Technology

TOKYO — Nissan and Honda announced March 15 that they will work together in developing EVs and auto intelligence technology, sectors where Japanese automakers have fallen behind.

March 15, 2024
BusinessTechnologyFuel

GM, Honda Hydrogen Fuel Cell JV Begins Commercial Production

A joint venture between General Motors and Honda began commercial production Jan. 25 of hydrogen fuel cells in Brownstown, Mich., aimed at the commercial vehicle market.

January 29, 2024
GovernmentBusiness

Honda Will Give Autoworkers 11% Raise After UAW’s Big Wins

Honda Motor Co. will hike the pay of some U.S. employees by 11% following the United Auto Workers’ contract victories at its unionized Detroit competitors, according to a company memo.

November 13, 2023
BusinessTechnologyEquipmentFuel

Honda Halts Plans With GM to Develop Smaller EVs

Honda Motor Co. is shelving plans to jointly develop affordable electric vehicles with General Motors Co. due to a changing business environment, CEO Toshihiro Mibe said.

October 25, 2023
BusinessEquipmentSafety

Honda Recalls 500,000 Vehicles Over Seat Belt Issue

DETROIT — Honda is recalling a half-million vehicles, including some Accord, Odyssey and Insight models, in the U.S. and Canada because the front seat belts may not latch properly.

March 15, 2023
Business

Toyota’s January Output Climbs While Honda, Nissan Report Drops

Toyota Motor Corp. reported a slight drop in global sales in January due to lingering effects of the COVID-19 pandemic and a chronic shortage of semiconductors for automobiles, the Japanese automaker said.

February 27, 2023
BusinessTechnologyEquipmentFuel

Another $237 Million for Honda Battery Plant Project in Ohio

COLUMBUS, Ohio — Ohio’s privatized economic development office has finalized an agreement with Honda to infuse $237 million into development of a massive battery plant project that the Japanese automaker plans to use to transform the state into its North American electric vehicle hub.

February 8, 2023
BusinessTechnologyFuel

Sony, Honda Kick Off EV Company

TOKYO — A new electric car company that brings together two big names in Japanese business, Honda and Sony, officially kicked off Oct. 13.

October 13, 2022
BusinessTechnologyFuel

Honda, LG to Build $3.5 Billion Battery Plant, Hire 2,200 in Ohio

COLUMBUS, Ohio — Honda says it will build a $3.5 billion joint-venture battery factory in rural southern Ohio and hire 2,200 people to staff it as the company starts to turn the state into its North American electric vehicle hub.

October 11, 2022

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