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Sony-Honda venture cancels two planned models, the first of which had been pegged for a mid-2026 California delivery debut. The brand’s direct sales had been challenged by the state’s auto dealers, but the venture cites Honda’s EV retreat.
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It will focus on electric and digital efforts, particularly in China and North America.
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Up both month-over-month and year-over-year in surprise turn.
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J.D. Power study says BEV recalls are major factor in first decline in decades.
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Resulting deal could make European battery components OK for federal break’s eligibility.
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Production increased on popular models as it looks to boost its electrified market share.
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Brand plans completely electrified lineup by 2035, including work with alliance partner Renault.
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First-quarter Cox index remains down, but the second-quarter outlook is better.
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Salaried employee attrition part of $2 billion cost-cutting target.
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Several signal headwinds are rocking their plans as they compete with much bigger rivals in uncertain conditions.
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