Global vehicle production tumbling amid slumping auto sales, and Canada is leading the pack
Stefanie Marotta, Globe and Mail August 8, 2019 Canadian vehicle manufacturing is tumbling amid a prolonged slump in sales, with production in the first half of the year dropping below one million units for the first time in a decade. Automakers in Canada are taking the biggest hit in North America, with production falling 7.8 […]
Toyota to produce Lexus NX at Canada plant -sources
Reuters, April 29, 2019 OTTAWA, April 29 (Reuters) – Toyota Motor Corp will invest hundreds of millions of dollars to produce its Lexus NX luxury crossover vehicle at a Canadian plant, sources said on Monday, offering relief to a region where other carmakers have announced job cuts. The company will produce the Lexus NX and […]
Toyota Canada to begin producing Lexus NX at Cambridge, Ont. facility in 2022
Alicja Siekierska, Yahoo Finance April 29, 2019 Toyota Canada will begin producing Lexus crossover vehicles at its facility in Cambridge, Ont., a significant win for the Canadian auto industry at a time of concern for its decline. The Japanese automaker confirmed on Monday that it will begin producing the Lexus NX and the hybrid version […]