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Showing results for tags 'honda prologue'.
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On the heels of Honda's announcement that it is canceling development of its 0 Series SUV, 0 Series Saloon, and Acura RSX EVs, Honda is expected to end production of the electric Prologue SUV at the end of this year. Initial production of the Prologue had strong sales with Honda moving 39,000 units in 2025. However, with the expiration of the $7,500 tax credit at the hands of the Trump administration, sales tumbled 76 percent. The Prologue is a joint-venture built with General Motors at GM's plant in Mexico. Honda has already slashed production of the Prologue and now expects to sell only 17,900 units for 2026. The Acura ZDX, another GM joint venture EV model was canceled late in 2025. Honda's electric vehicle restructuring could cost Honda up to $15.8 billion. View full article -
Honda has announced that they have canceled three electric vehicles planned for production in the U.S., citing lower EV demand, U.S. tariffs, and low interest in Asian markets. Executives further blame poor sales of EVs in China specifically for Honda's financial straits with total Honda sales in China down 24-percent. The 0 Series SUV, 0 Series Saloon, and Acura RSX were due to be produced in the U.S. and Honda had already begun retooling its production to be ready for later this year. Honda's course change are expected to severely impact earnings due out on March 31st. Japan's second-largest automaker is looking at potentially $15.8 billion in losses. The Honda Prologue model, which once enjoyed brisk sales prior to the ending of EV tax credits in September 2025, has tumbled 86-percent in the last three months of last year, moving just 2,641 units. Honda instead will divert development towards expanding its offering of hybrid models. View full article
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On the heels of Honda's announcement that it is canceling development of its 0 Series SUV, 0 Series Saloon, and Acura RSX EVs, Honda is expected to end production of the electric Prologue SUV at the end of this year. Initial production of the Prologue had strong sales with Honda moving 39,000 units in 2025. However, with the expiration of the $7,500 tax credit at the hands of the Trump administration, sales tumbled 76 percent. The Prologue is a joint-venture built with General Motors at GM's plant in Mexico. Honda has already slashed production of the Prologue and now expects to sell only 17,900 units for 2026. The Acura ZDX, another GM joint venture EV model was canceled late in 2025. Honda's electric vehicle restructuring could cost Honda up to $15.8 billion. -
Honda has announced that they have canceled three electric vehicles planned for production in the U.S., citing lower EV demand, U.S. tariffs, and low interest in Asian markets. Executives further blame poor sales of EVs in China specifically for Honda's financial straits with total Honda sales in China down 24-percent. The 0 Series SUV, 0 Series Saloon, and Acura RSX were due to be produced in the U.S. and Honda had already begun retooling its production to be ready for later this year. Honda's course change are expected to severely impact earnings due out on March 31st. Japan's second-largest automaker is looking at potentially $15.8 billion in losses. The Honda Prologue model, which once enjoyed brisk sales prior to the ending of EV tax credits in September 2025, has tumbled 86-percent in the last three months of last year, moving just 2,641 units. Honda instead will divert development towards expanding its offering of hybrid models.
