A prominent auto industry analyst says preliminary figures show Canada saw another record year in 2015 for the number of new vehicles sold to consumers. Dennis DesRosiers said 1.898 million new vehicles were sold in Canada in 2015, which he said marked the third consecutive year the country saw a new record set. “All the stars […]
ontario auto industry
Trans-Pacific Partnership Agreement Divides Auto Parts Industry
As the auto parts sector awaits the appointment of a new trade minister, the industry is split over the Trans-Pacific Partnership, the trade deal that Canada signed and will soon have to ratify. Although the TPP, agreed to in principle on Oct. 5, mandates that tariffs on autos and auto parts be reduced to […]