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V2V Technologies Celebrates 25 Years of Innovation at the Heart of the Automotive Industry
On December 12, V2V Technologies will mark an important milestone in its history: 25 years of innovation, growth, and strong partnerships serving the automotive industry.
...
V2V Technologies Celebrates 25 Years of Innovation at the Heart of the Automotive Industry
On December 12, V2V Technologies will mark an important...
Volkswagen Canada turns to hybrids to drive growth
Amid uncertainty surrounding fully electric vehicles an...
Canada warns Stellantis over production shift to the US
The Canadian government has warned Stellantis, which is...
Éric Descarries
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The tariff saga continues
Éric Descarries
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Following U.S. President Donald Trump’s April 2 announcement regarding the planned imposition of 25% tariffs on cars built in Canada and on parts originating from the same country (except those complying with the CUSMA Automotive Agreement enacted in 2020), Canadian Prime Minister Mark Carney has decided to retaliate. He described the decision as unjustified and misinformed, and responded by imposing a 25% tariff on American vehicles sold in Canada, except for those built under the terms of the Agreement. However, this exception will not apply to American parts that were not manufactured in accordance with CUSMA.
Car parts manufactured in the United States but destined for Canadian assembly plants will, for their part, be spared. Ironically, vehicles built in Mexico will not be subject to an additional tax, since the country continues to respect the terms of the Agreement.
In the same vein, the union Unifor, Local 444, warns that the Stellantis plant in Windsor will have to halt production for at least two weeks following the announcement of these new tariffs.
A particularly complex issue to follow…
(Photo Stellantis)
Éric Descarries
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