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Ford, GM, Stellantis warn Carney as Trump tariffs crush Canada auto tradeCanadian Prime Minister Mark Carney met with auto industry leaders. They discussed the impact of renewed US tariffs on Canadian vehicles. T...
Trump’s tariff not applicable on Canadian auto parts under CUSMA complianceCanadian auto parts meeting CUSMA standards are exempt from new U.S. tariffs, providing relief to Canada's auto industry. This exemption sa...
‘We don’t want your cars': Trump says 25% tariff on cars made in Canada could go upU.S. President Donald Trump has intensified his rhetoric on Canadian car imports, threatening to raise existing tariffs beyond 25%. Speakin...
Auto wars begin: Canada slaps 25% tariffs on US cars, spares supply chains after Trump’s trade warCanadian PM Mark Carney announced a 25% tariff on US vehicle imports that do not comply with the free trade agreement, with revenue support...
First fallout from Donald Trump's stiff tariffs: Stellantis to shut down Canada's Windsor plant for two weeksStellantis NV is shutting its Windsor, Ontario, factory for two weeks due to new US tariffs. The factory, which produces minivans and the D...
Canadian auto industry in dire straits: Union leaders and associations warn plants could shut down within weeks as Donald Trump’s tariffs take effectCanada's auto industry has already started feeling the heat of US President Donald Trump's 25 per cent auto tariff.
Smart as Elon Musk: Tesla floods Canada’s EV rebate program with thousands of claims in final days, equivalent to selling two cars per minuteTesla has submitted numerous claims to Canada’s EV rebate program just before it ended. This has led to a government investigation to verif...
Autos, electronics: What will Trump's tariffs impact?President Trump's sweeping tariffs on Canada and Mexico are set to significantly disrupt supply chains, particularly in the automobile, ele...
Canadian pension funds may pump $3 billion into MaharashtraState government officials said that Ontario Teachers’ Pension Plan, Sunlife Insurance Company, and Fairfax are keen on investing in Mahara...
- GM to keep 35% of Opel, Magna/Sberbank get 55 pc
General Motors to keep 35% stake in Opel and sell 55% to Canadian auto parts maker Magna and Russian bank Sberbank. 100 years of GM | GM's ...
- Magna net takes a $205 mn knock on demand decline
Magna International, the Canadian auto parts maker that is bidding for General Motors’ European Opel business, said on Friday it lost $205 ...
Why did Germany snub Fiat?How did Italian car maker Fiat, which won the favour of US authorities for a takeover of Chrysler, stir such a deep mistrust in Germany wit...
- Fiat chairman says Opel takeover 'a lottery': Report
Fiat chairman Luca Cordero di Montezemolo said on Wednesday the takeover of Germany's Opel from US auto giant General Motors was "a lottery...
- 582,000 Canadian jobs at stake if Big Three fail: Study
A whopping 582,000 direct and indirect jobs would be lost in Canada over the next five years if the ailing Big Three US auto makers shut do...
- Canada auto parts maker to lay off 800 employees
Lower orders from the automotive and building trades industries have forced Canada's second-biggest auto parts maker Linamar Corp. to lay o...
- Developing nations overtake North America in auto production
Auto-assembly capacity in the developing economies, including India and China, will exceed North America's auto production for the first ti...
'We're the voice of Indo-Canadian biz'ET met up with Mr Sunil Jagasia, president of ICCC, at Toronto. He spoke about ICCC, its objectives and activities. Excerpts: