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Is Honda's $11B Canada EV Deal Worth It? Rival Ford Burns Up To $65,000 On Every Electric Car It Sells
Friday, April 26, 2024 - 11:14am | 657Honda Motor Co Ltd (NYSE:HMC) plans to invest $11 billion in Ontario, Canada, to establish a comprehensive electric vehicle (EV) value chain, including new assembly and battery plants. The initiative follows Honda’s previous $4.4 billion investment in a U.S. battery plant and underscores its...
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Stifel Looks Forward To Automotive And Auto Components In 2015
Monday, December 29, 2014 - 12:02pm | 253James Albertine of Stifel expects 16.75 million cars to be sold in 2015, representing a 2 percent to 3 percent increase from 2014. In a note to clients on Monday, Albertine states that persistent low fuel costs and interest rates, the middle and lower income consumers participating in the auto...