As the U.S. tariffs on steel and aluminum products begin to impact bottom lines, auto suppliers are taking actions to sidestep the impact -- all proactive, but some on the outside of legality.
The automaker said Monday the vehicle's starting price will be $25,490, shipping included. That's about $1,000 less than the initial base price of the 2018 model, originally unveiled back in April 2017.
Starting in September, the 15-passenger NAVYA shuttle, which has a top speed of 25 km/h, will follow a two-kilometre route that includes stops at Candiac City Hall, a bus terminal and various businesses.
Canada's auto parts suppliers can bolster their defences against U.S. protectionism by conquering new markets in Asia and Europe, the federal government recently told industry executives.
Canadian auto supplier Magna International Inc., lowered its full-year production forecast for North America, hurt, in part, by tariffs imposed by the Trump administration.
Fiat Chrysler's Brampton, Ont., assembly plant is in the midst of a five-week shutdown as the automaker retools its aging paint shop there. The upgrades are part of a $325 million commitment FCA made to the plant in 2016.
Chrystia Freeland told reporters on a conference call from Hong Kong that she's eager to conclude the talks, which she says are "back on an intensive track" following last month's Mexican election.
It's about gaining visibility into the entire manufacturing and logistics enterprise to see what's happening and make informed decisions about it.
Take Five is a look at five new or upgraded vehicles that are destined for or have recently entered the Canadian market. Here is a sampling of vehicles from Rolls-Royce, Mercedes-Benz, Subaru, FCA and GM.
More than half of all new-vehicle sales in Canada are controlled by large auto dealership groups that own dozens of locations and sell a multitude of brands, a trend that’s expected to accelerate as more single-store owners exit the business, industry experts say.
A 25-per-cent import tariff on Canadian-made vehicles bound for the United States “would destroy the automotive sector in Canada and gut the auto retail economy in every community large and small,” the group representing the country's dealers warns.
PwC's automotive leader, Dietmar Ostermann, makes the point that as automakers compete through innovation, supplier nationality still matters.