Some suppliers are warning of a financial crunch after months without work, while others say their backs have been put against the wall by automakers unwilling to bend rigid timelines. The larger suppliers are keeping their eyes on the Tier 2 and Tier 3 parts makers.
Unifor is urging the federal government to implement a national auto strategy built around the adoption and manufacturing of zero-emissions electric vehicles. The proposal comes as the federal and provincial governments begin to turn their attention to long-term economic recovery from the COVID-19 crisis
The next-generation Edge was supposed to have been launched in June, 2023 on a new platform, said AutoForecast Solutions. But tepid retail sales as well as an increasingly crowded mid-size crossover segment contributed to Ford’s decision to cancel the new program, he said.
Peugeot has not altered its plan to re-enter the North American market as a standalone brand by 2026, even as the coronavirus pandemic disrupts the industry and as its parent company, PSA Group, prepares to merge with Fiat Chrysler Automobiles.