Honda Motor Company Stock News

The Ambassador Bridge between the U.S. and Canada has reopened after protesters blocked it for nearly a week. CNBC's Phil LeBeau joins 'Squawk Box' to report how U.S. automakers are responding.

Veteran industrialist Rahul Bajaj, the chairman emeritus of Bajaj Auto and the man who gave the freedom of mobility in the mid-seventies to the middle-class Indian with the Chetak scooter, passed away on Saturday at 83. He was ailing for some time.I dont even want to talk about his success as an industrialist. Everyone knows about Bajaj Auto , said RC Bhargava, the chairman of Maruti Suzuki. But he was absolutely different as a person intellectually honest, spoke his mind and always thought about the nation. He was a wonderful friend, always helped when you wanted him to.I stand on the shoulders of giants, Anand Mahindra, the chairman of the Mahindra Group said on Twitter. Thank you, Rahulbhai, for letting me clamber up onto your broad shoulders, advising me, cheering me on, encouraging me to be bold. Your footprints on the sands of Indian Business will never be extinguished.His legacy can be measured in many ways. With the License Raj, Bajaj had trouble meeting demand for his Chetaks.

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Truckers and supporters block the access leading from the Ambassador Bridge, linking Detroit, Michigan and Windsor, Ontario. | Canadian Press, distributed by the Associated Press Windsor police warned that anyone blocking the streets could be subject to arrest and their vehicles may be seized. The news was met with defiance by protesters. WINDSOR, Ontario A judge on Friday ordered protesters at the Ambassador Bridge over the U.S.-Canadian border to end the 5-day-old blockade that has disrupted the flow of goods between the two countries and forced the auto industry on both sides to roll back production. It was not immediately clear when or if law enforcement officers would be sent in to remove the demonstrators, who parked their pickups and other vehicles in a bumper-to-bumper protest against the countrys COVID-19 restrictions and an outpouring of fury toward Prime Minister Justin Trudeau and his Liberal government. Chief Justice Geoffrey Morawetz of the Ontario Superior Court said during a virtual hearing that the order would be effective at 7 p.m. to give protesters time to leave.

Watch Video A judge on Friday ordered protesters at the Ambassador Bridge over the U.S.-Canadian border to end the 5-day-old blockade that has disrupted the flow of goods between the two countries and forced the auto industry on both sides to roll back production. It was not immediately clear when or if law enforcement officers would be sent in to remove the demonstrators, who parked their pickups and other vehicles in a bumper-to-bumper protest against the country''s COVID-19 restrictions and an outpouring of fury toward Prime Minister Justin Trudeau and his Liberal government. Chief Justice Geoffrey Morawetz of the Ontario Superior Court said during a virtual hearing that the order would be effective at 7 p.m. to give protesters time to leave. Windsor police immediately warned that anyone blocking the streets could be subject to arrest and their vehicles may be seized. Since Monday, drivers mostly in pickup trucks have bottled up the bridge connecting Windsor to Detroit. Hundreds more truckers have paralyzed downtown Ottawa over the past two weeks.

WINDSOR, Ontario — A judge on Friday ordered protesters at the Ambassador Bridge over the U.S.-Canadian border to end the 5-day-old blockade that has disrupted the flow of goods between the two countries and forced the auto industry on both sides to roll back production. It was not immediately clear when or if law enforcement officers would be sent in to remove the demonstrators, who parked their pickups and other vehicles in a protest against the country''s COVID-19 restrictions and an outpouring of fury toward Prime Minister Justin Trudeau and his Liberal government. Chief Justice Geoffrey Morawetz of the Ontario Superior Court said during a virtual hearing that the order would be effective at 7 p.m. to give protesters time to leave. Windsor police immediately warned that demonstrators blocking the streets could be subject to arrest and their vehicles may be seized. The decision came after a 4 1/2-hour court hearing at which the city of Windsor and lawyers for auto parts makers argued that the blockade was causing undue economic harm for the city and region.

Photo by DAVE CHAN/AFP via Getty Images Major automakers are feeling the strain of the anti-vaccine mandate protests in Canada that have blocked several major bridges on the US-Canada border. Honda, Toyota, General Motors, Ford, and Stellantis have all had to cut production in Canada, the US, or both as the anti-mandate protests stretch into their third week. It is the latest supply chain disruption to affect the auto industry, which is still reeling from the semiconductor chip shortage that has slowed production and led to increased prices of both new and used vehicles. The convoy protests began in late January, after a loose affiliation of truckers banded together to drive from western Canada to the nation’s capital of Ottawa to voice opposition to COVID-19 vaccine… Continue reading…

TORONTO — Honda Canada says it’s temporarily suspending manufacturing on one production line during the day shift at its plant in Alliston, Ontario, today due to border delays. A trucker blockade at the Ambassador Bridge linking Detroit and Windsor, Ont., has disrupted trade back and forth across the border since Monday. The automotive sector, which […] The post Honda suspends one production line for day shift at Ontario plant appeared first on Supply Professional .

TORONTO Honda Canada says its temporarily suspending manufacturing on one production line during the day shift at its plant in Alliston, Ont., today due to border delays. A trucker blockade at the Ambassador Bridge linking Detroit and Windsor, Ont., has disrupted trade back and forth across the border since Monday. The automotive sector, which []

CNBC's Kristina Partsinevelos joins 'Squawk Box' from the nation's border with Canada to provide an update on protesters blocking a crucial trade link between the two countries.

Honda Motor Co. announced it will shut down its factory in Canada over demonstrations that engulfed the nation in the past few weeks. The company added its United States plants will remain open for no…

Honda says it does not plan to halt US plants but warns the situation is fluid

WASHINGTON : Toyota Motor Corp, General Motors Co (GM), Ford Motor and Chrysler parent Stellantis said they had been forced to cancel or scale back some production at North American plants yesterday because of parts shortages stemming from Canadian trucker protests against pandemic mandates. The truckers, who oppose a vaccinate-or-quarantine requirement for cross-border drivers, have used their big rigs to snarl traffic at the Ambassador Bridge linking Detroit and Windsor, Ontario – which accounts for about 25% of US-Canadian trade. A Toyota spokesman told Reuters the automaker was suspending production through tomorrow at plants on both sides of the border, in Ontario and Kentucky. The largest Japanese automaker said it was “experiencing multiple dropped logistics routes” and it is “not isolated to only one or two parts at this point”. The shortages affected Toyota''s production of the RAV4 – the best-selling non-truck vehicle in the United States, Camry, Avalon, Lexus RX and Lexus ES, the automaker said.

Ford, GM, Honda, Toyota and Stellantis all canceled shifts or reduced capacity at plants.

Watch Video The truck blockade by Canadians protesting the countrys COVID-19 restrictions is tightening the screws on the auto industry, forcing Ford, General Motors and other car companies to shut down plants or otherwise reduce production on both sides of the U.S. border. SEE MORE: COVID-19 Protests Impact Border Trade Between Canada, U.S. The bumper-to-bumper demonstration by the self-proclaimed "Freedom Truck Convoy" entered its fourth day Thursday at the Ambassador Bridge connecting Windsor, Ontario, to Detroit, disrupting the flow of auto parts and other products between the two countries. The Ambassador Bridge is the busiest U.S.-Canadian border crossing, carrying 25% of all trade between the two countries, and the effects of the blockade there were felt rapidly. Ford said its Windsor, Ontario, engine plant reopened Thursday after being shut down on Wednesday because of a lack of parts. But the factory and the companys assembly plant in Oakville, Ontario, near Toronto, were operating at reduced capacity, the automaker said.