Hit hard by U.S. tariffs and slow sales, Cami Assembly is cutting 450 jobs and shutting down for several months.
Get ready for the sticker shock slowdown. The price of Canadian-made vehicles hitting U.S. dealer lots after tariffs are applied will rise between $2,500 and $15,000, depending on the model, says a recent report from a U.S. business consulting group. That price jump may slow sales of vehicles made here, and see automakers cut production […]
Governments at all levels are being urged to buy Ingersoll-made commercial vans to support workers here as fears rise over fallout from the U.S. trade and tariff war.
A Korean automotive giant is looking for a foothold in the Canadian auto industry and Cami Assembly in Ingersoll just might be it.
Cami-made cargo vans are filling parking lots in the U.S. and observers are wondering if sales are slow for the fully electric vehicles, or if GM is stockpiling to avoid looming tariffs on Canadian-made vehicles
Southwestern Ontario mayors are bracing for job losses due to U.S. President Donald Trump’s trade war, but remain optimistic
U.S. President Donald Trump's 30-day pause on tariffs on Canada-made vehicles did little to ease concerns in the London region's auto sector
It's a matter of how bad the news will be for the London region auto sector because of U.S. tariffs, not whether it will be bad, many say
Ontario automotive assembly plants could shut down within a week of being hit with a U.S. tariff on their vehicles, some industry observers say. Car dealers in the U.S. have seen inventory on their lots steadily growing for more than a year. There are now about three million unsold vehicles, and a 25 per-cent-price increase […]
Southwestern Ontario may be Ground Zero for the impact U.S. tariffs would have on the provincial economy, national economists warned.
The end of federal government cash subsidies for electric vehicle purchases will likely have little effect in London and region, the hub of EV production in Canada, say automotive industry observers.