Tuesday Ticker: VINFast files IPO; Ottawa seeks EV manufacturing investments
Toronto, Ontario — It’s time for your weekly automotive business economics report. This weekly Tuesday Ticker covers VINFast’s anticipated initial public offering announcement, plus the federal government’s rumoured response to the U.S. Inflation Reduction Act. VFS—coming soon to a ticker near you Vietnam-based EV maker VinFast revealed last week that it has filed for an […]
Duty Dilemma: Canada joins complaint against U.S. auto trade practices
Ottawa, Ontario — The Canadian government has officially joined Mexico in its request for a dispute settlement panel to help resolve ongoing trade conflicts with the United States that both countries consider to be in violation of USMCA trade agreements. Under USMCA, 75 percent of a vehicle’s components must originate in North America to qualify […]
EV/AV Report: November 8, 2021
Toronto, Ontario – In this week’s electric and autonomous vehicle report, a B.C.-based developer electrified some classic cars for the SEMA show, Canadian politicians push back on the U.S.’s newly proposed EV incentives and Volvo speaks out at the COP26 climate conference. Old Cars, New Hearts A British Columbia-based EV developer turned a lot of […]
Tuesday Ticker: August 31, 2021
Toronto, Ontario — In this week’s Tuesday Ticker, Canada joins Mexico in its request for a formal United-States-Mexico-Canada-agreement (USMCA) consultation, Rivian files a confidential public offering and Driven Brands prepares for its secondary public offering. Parts parlance Canada has joined Mexico in seeking a formal consultation with the United States over USMCA content rules for […]
Tuesday Ticker: May 11, 2021
Toronto, Ontario — In this week’s Tuesday Ticker, Quebec’s Lion Electric goes public via a recently completed merger, auto parts manufacturer Martinrea reports significant gains for Q1 2021 and U.S labour groups file an USMCA complaint on a Mexican auto parts manufacturer.The Bull, the Bear and Lion Quebec-based electric vehicle (EV) manufacturer Lion Electric began […]
What’s Up with USMCA: APMA to host Part 2 of Complying with the new Canada-US-Mexico agreement webinar
Toronto, Ontario — The Automotive Parts Manufacturers Association (APMA) and KPMG Canada will host a webinar on the United States-Mexico-Canada Agreement (USMCA) on April 14, following the organization’s Mar. 31 webinar on the same topic. The second part of APMA’s Complying with the new Canada-US-Mexico agreement: What are the risks webinar will be held April 14 […]
Canada reaches USMCA deal
By CRM staff Toronto, Ontario — October 1, 2018 — Canada has reached a deal with Mexico and the United States regarding a trilateral free-trade agreement across North America. As of this morning, NAFTA is no more and in its wake we now have the United States – Mexico – Canada – Agreement or, USMCA. […]