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Showing posts with the label VEHICLE_MANUFACTURING

What Honda’s big electric vehicle announcement in Ontario really means

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In retrospect, the turnaround — and just how fast it happened — is difficult to believe. In 2010, Ontario’s economic future looked grim. Tied as it had been for more than a century to the automobile industry, the provincial economy was in freefall. General Motors and Chrysler went bankrupt, dozens of plants were shuttered, and tens of thousands of well-paying auto jobs were lost along Ontario’s automotive-producing zone from Windsor to Oshawa. Ontario’s auto sector, once the wellspring of the province’s prosperity, looked to be in the process of an inevitable decline. It was, quite literally, a dinosaur industry seemingly destined to...... Read Full article on HadNews