It has been exactly two decades since Crain Communications, publisher of Automotive News Canada, expanded its brand of English-language automotive journalism and planted a flag in a new part of the world.
On Feb. 6, 1996, in London, England's Hatton Garden district — the city's jewelry district and the center of the UK diamond trade — Automotive News Europe was born.
Founding Editor Rick Johnson remembers the mission being simple, yet focused: Automotive News Europe's aim was to the serve the European reader from a European perspective.
Twenty years later, as we launch Automotive News Canada, the goal is the same and the timing could not be better.
We are expanding again for good reason.
The Canadian market is enjoying record annual sales. Car dealers have realized a surge in profitability. And suppliers are navigating a rapid production expansion.
But Canada's auto industry is not without its challenges; some of them significant.
The manufacturing sector has been gutted by the shift of production to lower-wage markets in the U.S. south and Mexico.The government is entering a new agreement with trade partners in Asia that might recalibrate the trade balance in Canada. And increasing levels of emissions regulations and government regulation are challenging the overall affordability of vehicles.