financetom
Business
financetom
/
Business
/
CES-Honda executive cautious about new EV production ahead of Trump presidency
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
CES-Honda executive cautious about new EV production ahead of Trump presidency
Jan 7, 2025 3:46 PM

Jan 7 (Reuters) - Honda Motor ( HMC ) will be cautious

about starting production of new electric vehicles due to

uncertainty about President-elect Donald Trump's industrial

policy, a senior executive of the Japanese automaker said on

Tuesday.

Honda Representative Executive Officer Noriya Kaihara said

at the CES technology conference in Las Vegas that the company

would also be cautious about producing batteries in Canada.

At CES, the second-biggest Japanese automaker earlier

unveiled prototypes of upcoming Honda ( HMC ) 0 electric cars, including

a SUV model that will be introduced in the North American market

in the first half of 2026.

Honda ( HMC ) 0 models will be equipped with limited autonomous

driving technology and will later be available in global markets

including Japan and Europe, the company said.

In November, Honda ( HMC ) Chief Operating Officer Shinji Aoyama

said the automaker may have to think about shifting production

if the U.S. were to impose permanent tariffs on vehicles

imported from Mexico as touted by Trump.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Canadian postal workers to resume mail delivery on Saturday, begin rotating strikes
Canadian postal workers to resume mail delivery on Saturday, begin rotating strikes
Oct 10, 2025
* Canada Post faces financial trouble, cost-cutting deemed necessary * Union rejects latest offer, blames government for worsening dispute By Wa Lone TORONTO, Oct 10 (Reuters) - The Canadian Union of Postal Workers will resume mail delivery on Saturday and rotate which workers are on strike in a labor dispute that has halted mail services nationwide for about two weeks....
DuraServ Announces Expansion of West Coast Solutions
DuraServ Announces Expansion of West Coast Solutions
Oct 10, 2025
This latest acquisition broadens the commercial and industrial overhead door and loading dock equipment services available to customers in California and Nevada DALLAS, Texas, Oct. 10, 2025 /PRNewswire/ -- DuraServ, the leading provider of commercial, industrial, and residential overhead door and loading dock equipment, maintenance, repair, and installation services, is pleased to announce the acquisition of Casco Equipment. Operating...
Airlines urge patience as US air traffic staffing issues continue
Airlines urge patience as US air traffic staffing issues continue
Oct 10, 2025
WASHINGTON (Reuters) -A group representing major U.S. airlines on Friday urged air travelers to be patient as air traffic control staffing issues delayed travel for a fifth straight day. It is safe to fly, but ATC staffing shortages strain the system and cause flights to be spaced out, slowing down everything, said Airlines for America, the trade group representing American...
Rocket's 25% Drop Has Analysts Calling It A Prime Entry Point
Rocket's 25% Drop Has Analysts Calling It A Prime Entry Point
Oct 10, 2025
Rocket Companies, Inc. ( RKT ) stock is under pressure following its merger with Mr. Cooper Group Inc. , as investors weigh the potential for cost synergies against a broader slowdown in mortgage origination. Despite a recent 15% drop since the deal closed, the combined company is poised to become the nation’s largest mortgage originator and servicer, with analysts noting...
Copyright 2023-2026 - www.financetom.com All Rights Reserved