GM’s first all-electric vehicle plant in Detroit will have Canadian spillover benefits
DAVE WADDELL, WINDSOR STAR January 27, 2020 General Motors’ announcement Monday that it will invest US$3 billion to create its first all-electric production plant in Hamtramck, Mich., has Canadian automotive analysts and officials calling Southwestern Ontario the “sweet spot” for a piece of the industry’s future. The automaker will spend US$2.2 billion over 18 months […]
Canadian auto parts firms hit hard by costly GM strike
Josh Rubin, Toronto Star Oct. 3, 2019 As the U.S. strike against General Motors continues, Canadian auto parts companies are losing millions of dollars and some could even go out of business, industry experts warn. “There are going to be some suppliers who count on GM that could just disappear,” said Canadian automotive industry analyst […]
Auto industry relieved by NAFTA 2.0, but results may be mixed
Regional content rules make supply chains less efficient, hiking prices and threatening sales Janyce McGregor CBC News Sighs of relief rippled across the North American car industry on Monday. There would be no “Carmageddon” caused by auto tariffs torpedoing cross-border trade, now that NAFTA 2.0 had found a safe landing zone. U.S. President Donald Trump had […]