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Automotive

Honda delays $15-billion EV project citing demand, shifts some CR-V output to U.S.

Honda delays $15-billion EV project citing demand, shifts some CR-V output to U.S.

TORONTO — Honda has postponed a $15-billion electric vehicle project in Ontario, citing market demand, and is shifting some production of its popular CR-V model intended for the U.S. market to its Ohio plant because of tariffs.
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Ontario mayor remains hopeful Honda's EV plant will be built, despite delay

Ontario mayor remains hopeful Honda's EV plant will be built, despite delay

The mayor of an Ontario municipality set to be the home for Honda's now-postponed $15-billion electric-vehicle project said Tuesday he is not giving up hope on the plant.
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Inflation cooled again last month as grocery and gas prices fell, few signs of tariff impact yet

Inflation cooled again last month as grocery and gas prices fell, few signs of tariff impact yet

WASHINGTON (AP) — Inflation cooled for the third straight month in April even after some of President Donald Trump’s tariffs took effect, though economists and many businesses expect inflation will climb in the coming months. Consumer prices rose 2.
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Group of investors submits revised offer to buy Quebec-based Lion Electric

Group of investors submits revised offer to buy Quebec-based Lion Electric

MONTREAL — A group of investors has submitted a revised offer to buy Quebec vehicle-maker Lion Electric, providing a possible lifeline to the beleaguered company.
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Asian shares advance as details awaited on progress in China-US trade talks

Asian shares advance as details awaited on progress in China-US trade talks

HONG KONG (AP) — Asian shares advanced Monday after two days of trade talks between China and the U.S. made what the U.S. side said was “ substantial progress .” U.S. futures and oil prices advanced.
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Wall Street and other markets hold steady ahead of a highly anticipated US-China meeting on trade

Wall Street and other markets hold steady ahead of a highly anticipated US-China meeting on trade

NEW YORK (AP) — U.S. stocks drifted through a quiet Friday as Wall Street closed an unusually calm week. The S&P 500 slipped 0.1% to finish the week with a modest dip of 0.5%.
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White House downplays North American auto industry's concerns about U.K. trade deal

White House downplays North American auto industry's concerns about U.K. trade deal

WASHINGTON — The White House on Friday downplayed the North American automobile industry's claim that U.S. President Donald Trump's new trade deal with the United Kingdom could make the sector less competitive.
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What Trump's agreement with the U.K. suggests about trade talks with Canada

What Trump's agreement with the U.K. suggests about trade talks with Canada

WASHINGTON — U.S. President Donald Trump's preliminary trade agreement with the United Kingdom sent a signal to countries around the world — including Canada — about the goals of his campaign to upend global trade with tariffs.
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Lawyers for man executed by firing squad in South Carolina say bullets mostly missed his heart

Lawyers for man executed by firing squad in South Carolina say bullets mostly missed his heart

COLUMBIA, S.C.
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Report calls for 'auto pact' tying duty-free vehicle imports to Canadian production

Report calls for 'auto pact' tying duty-free vehicle imports to Canadian production

TORONTO — A new report suggests that if Canada can't convince President Donald Trump to drop all auto tariffs, it should negotiate a new auto trade agreement with the U.S.
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