s. Among European brands, VW rose 6.2%, BMW 7.1%, while Mercedes-Benz fell 14.7%, Audi 19.8%, and Volvo 18.9%. *Seasonally adjusted at annual rates (SAAR) Data for July will be updated as soon as it is published. See U.S. inventory information at the end of JuneSee OEM plant locations in Mexico and Canada...

News  Updated at: 2025/08/04

Trump raises tariffs to 35% on Canadian imports, USMCA goods remain exempt On July 31, U.S. President Donald Trump signed an executive order July 31, increasing tariffs on Canadian imports to the United States to 35%, up from 25% previously. The White House said Canada has “failed to cooperate” in combating the drug crisis and retaliated against the U.S. trade actions with countertariffs on U.S. exports to Canada, so that in response “Presi...

News  Updated at: 2025/08/02

al measure we take to strengthen our liquidity and provide additional financial flexibility," Thibodeau said. President Trump's recent trade deal with Japan that lowered tariffs on auto imports to 15% has raised concerns among GM, Ford and Stellantis which must still pay 25% tariffs on imports from Canada and Mexico, as well as from Korea and China. Ford had warned last quarter that it expects tariffs will cost it about USD 1.5 billion from its e...

News  Updated at: 2025/07/30

as an investment location again, Müller added. Besides, the automotive supply chains, which have been distorted and restricted by the tariff dispute, should function again. Müller said that there is a need to find a solution for the previously interconnected North America – the USA, Mexico, and Canada – within the framework of the USMCA agreement, and this is particularly important for the supplier industry. Based on VDA press release...

News  Updated at: 2025/07/29

Canada-U.S. trade negotiations at 'intense phase' as August 1 deadline looms On July 28, Canadian Prime Minister Mark Carney said trade negotiations with the U.S. are at an "intense phase" ahead of the August 1 deadline to reach an agreement. "[Canadians] don't deserve the uncertainty that's been thrust upon them… they want the right kind of resolution. They want a deal that makes sense for Canada," Carney said during a news conference.  "The ...

News  Updated at: 2025/07/29

U.S. and Canada may not reach trade deal, Trump says On July 25, U.S. President Trump told reporters outside the White House that his country may not reach a new trade deal with Canada and could simply impose more or higher tariffs on its northern neighbor, saying "We haven't really had a lot of luck with Canada".  "I think Canada could be one where there's just a tariff, not really a negotiation," Trump said, before departing on a trip to Scotl...

News  Updated at: 2025/07/26

U.S. OEMS call tariffs on their vehicles unfair On July 23, multiple media reported that the American Automotive Policy Council (AAPC), which represents GM, Ford, and Stellantis, on July 22 raised concerns about the new trade deal with Japan that cuts tariffs on auto imports from that country to 15% while leaving tariffs on imports from Canada and Mexico at 25%. Matt Blunt, who heads the AAPC, said they were still reviewing the agreement but “a...

News  Updated at: 2025/07/24

NextStar Energy, Unifor reach contract deal at battery plant in Windsor, Canada On July 20, over 88% of the NextStar Energy workers voted in favor of ratifying a new union contract through the Unifor labor union. There are currently 450 hourly workers at the Windsor battery plant, with that number expected to rise to 750 by the end of 2025. In total, NextStar is currently employing about 900 people. Mass production of battery cells is expected to...

News  Updated at: 2025/07/22

GM Oshawa Assembly Plant pauses production for three weeks Production at the GM Oshawa Assembly Plant in Ontario, Canada, will be paused as the facility undergoes a scheduled three-week summer shutdown. Production is expected to resume on July 21 following the completion of routine maintenance activities, according to a GM spokesperson who said this is standard procedure across the company’s manufacturing network. The Oshawa plant builds the li...

News  Updated at: 2025/07/19

ost manufacturing will move to the Matamoros facility, while select low-volume, high-value products will shift to Wichita, USA. The Brownsville warehouse will be expanded to support future growth. The transition will cost around USD 500 thousand, with expected annual savings of USD 750 thousand. In Canada, two facilities totalling 19,000 sq. ft. in Mississauga will be merged into a new 30,000 sq. ft. site at Columbus Road. The completion is targe...

News  Updated at: 2025/07/16

EU plans to join other nations hit by U.S. tariffs The EU is preparing to step up its engagement with other countries hit by Trump’s tariffs following new threats to U.S. trading partners, according to people familiar with the matter. Contacts and potential coordination will take place with nations, including Canada and Japan, said the people. The move comes as talks between the EU and U.S. are stalled on several issues, including cars and tari...

News  Updated at: 2025/07/15

g to the Office of the U.S. Trade Representative, while total U.S. imports from Mexico were approximately USD 454.8 billion in 2022. The two trading partners combined make up roughly one-third of U.S. imports. Trump has sent letters to 23 other U.S. trading partners in the past week week, including Canada, Japan and Brazil, setting blanket tariff rates ranging from 20% to 50%. (multiple sources on July 12, 2025)...

News  Updated at: 2025/07/15

to 80% in as little as 42 minutes. The T75 delivers 415 peak hp and up to 2,802 lb-ft of torque. It's built with a complete ABS air brake system, LED exterior lighting, and halogen headlights to support safety in all conditions The T75 is now in full production and available for order in the U.S., Canada, and Mexico. With manufacturing facilities in Asia and North America, ZO Motors combines cutting-edge tech with a commitment to reducing enviro...

News  Updated at: 2025/07/15

Trump threatens 35% tariffs on Canadian goods On July 10, President Trump posted a letter on his Truth Social site to Prime Minister Mark Carney threatening to impose 35% tariffs on Canadian goods that will take effect on August 1, and wrote that he will increase the levies if Canada retaliates. Trump and Carney have been in negotiations to come to a trade resolution by July 21. Acknowledging the letter, Carney said in a social media post he was ...

News  Updated at: 2025/07/12

Tesla slashes tariff prices, imports Model Y from Germany to Canada As of July 11, Tesla has slashed prices on the Model Y in Canada as sales in the country have virtually gone to zero over the last few months.  As part of its counter-tariff strategy, Canada imposed a 25% “counter-measure surtax” on all passenger cars and light trucks from the U.S. since April 9. This move, on top of brand damage caused by Elon Musk, has severely curtailed T...

News  Updated at: 2025/07/12

New Flyer receives order for 124 Xcelsior Charge NG buses from Ottawa OC Transpo On July 9, NFI Group subsidiary New Flyer Industries Canada ULC announced a significant order from OC Transpo, in Ottawa. The order includes 124 Xcelsior CHARGE NG 40-foot battery-electric transit buses. This order is an option off New Flyer’s 2023 agreement with the Toronto Transit Commission and was part of New Flyer’s Q1 2025 backlog. These new buses build on ...

News  Updated at: 2025/07/11

Neo, Canada secures rare earth magnet supply deal with European Tier 1 EV supplier On July 9, Neo Performance Materials Inc. (Neo) announced that it has secured a supply contract for a new platform of permanent rare earth magnets with a leading European Tier 1 supplier of electric vehicle (EV) traction motors for a major OEM. The magnets will be supplied from Neo’s new rare earth magnet plant in Narva, Estonia. The project is expected to gener...

News  Updated at: 2025/07/10

D 7.33 billion, followed by transmissions and clutches (USD 3.84 billion), interior parts like fabrics and seats (USD 3.49 billion), engine parts (USD 3.11 billion), and suspension and steering systems (USD 2.58 billion). Exports totaled USD 33.3 billion, with 87% destined for the U.S. and 3.6% for Canada, confirming North America as the key destination for Mexican auto parts. Imports amounted to USD 21.6 billion, with the U.S. accounting for 54%...

News  Updated at: 2025/07/10

ite radio and optional services like Hands-free Active Driving remain unchanged. The Connect ONE package is automatically included with delivery of a new vehicle. The optional Connect Wi-Fi PLUS trial can be activated during set up. After the trial, the subscription is USD 17.99/month. Customers in Canada will see similar changes later in 2025. Stellantis is developing enhanced Connected Services offerings for other markets worldwide. (Stellantis...

News  Updated at: 2025/07/10

nd plug-in hybrids (PHEVs) with electric range of more than 80 km a half credit. OEMs that fall short of the targets can buy credits from other automakers. ZEV adoption in Quebec reached a high of nearly 40% of vehicle registrations in Q4, 2024, but fell to 13.2% in Q1 2025, according to Statistics Canada, driven by changes to the province’s Roulez Vert ZEV incentive program and end of the federal Incentives for Zero-Emissions Vehicle program. ...

News  Updated at: 2025/07/09