Donald Trump Threatens The Canadian Auto Market Automotive Industry News

Canadian automotive industry newsWaterloo, Ontario, February 22, 2013 — The Honourable Gary Goodyear, Minister of State (Science and Technology), was at the University of Waterloo to announce funding for new study and improvement projects that the automotive sector has identified as priorities. RBC Automotive Finance has a long track record of serving Canada’s automotive market. We have built successful relationships with thousands of dealers and our national integrated sales force supplies unmatched retail and industrial automotive sector expertise. Don – As a kid I usually assumed that Clark was a Chicago-primarily based brand, because it certainly seemed like a hometown institution. I discovered later on about its Milwaukee heritage. What is remarkable is how long Emory Clark managed to retain handle of the company, even right after the oil industry came below so many pressures.

Beginning out with 1 of the biggest ‘post-Regular Oil breakup’ territories, Indiana Regular didn’t actually turn out to be an business energy player till the 1960’s, under the no-nonsense leadership of John E. Swearingen, who referred to his new charge as a second rate business in a lot of respects” in an interview upon assuming the leading job there. Swearingen pushed the business into offshore drilling and foreign sourcing, and also ramped up the company’s advertising and marketing efforts. Under his watch, Indiana Standard became the envy of the industry”, according to the New York Instances obituary published upon his 2007 passing. Swearingen was the oil industry’s most visible leading executive during the turbulent energy crisis years of the 70’s, and arguably its staunchest defender.

Nowadays, in the lead up to the Canadian International AutoShow, Premier Doug Ford and Todd Smith, Minister of Financial Development, Job Creation and Trade, launched the Ontario government’s strategy for the auto sector — Driving Prosperity: The Future of Ontario’s Automotive Sector The strategy sets out a 10-year vision for how industry, the investigation and education sector, and all 3 levels of government, can work together to strengthen the auto sector’s competitiveness.

Stats Demonstrate Financial Value Of Automotive Sector In Canada

canadian automotive industry newsTORONTO (Reuters) – Canadian government customs provisions are expected to soften the blow on the country’s powerful automotive business from retaliatory tariffs on U.S. steel, according to trade lawyers and market leaders bracing for larger charges. Speaking Tuesday, on CTV’s Your Morning, Lewchuk mentioned Oshawa was the crown jewel” of the Canadian auto business as not too long ago as the early 2000s. Canadian auto production was at its peak at that time, with practically 200,000 workers turning out much more than 3 million cars a year, which includes nearly a single million from Oshawa. Canada’s automotive market is a important driver of the economy, representing ten % of manufacturing GDP and 13 percent of total merchandise exports.

The Automotive Supplier Innovation Program assistance study and development activities by the small and medium-sized firms that produce new elements, components and production systems for Canada’s automotive provide base. The plan supplies firms with new opportunities to participate …