A new analysis by TD Economics says that if the United States goes ahead with tariffs on auto imports it could cut Canadian economic growth by half a percentage point and threaten up to one in five Ontario manufacturing jobs.
Canada is considering all options, including providing financial aid to the auto industry, to cope up with possible tariffs from the United States.
If the U.S. delivers on threats to slap 25 per cent tariffs on imported vehicles and components, auto and parts makers would cut costs by laying off workers. Mexico and Canada would be hit first.
AutoCanada, the country's largest publicly traded dealership group, says its board has appointed a special committee of independent directors to review strategic alternatives following a request by an activist shareholder.
Canadian auto parts supplier Magna said it would set up two joint ventures with Beijing Electric Vehicle to build cars in China.
Magna's $200-million investment and partnership with ride-hailing company Lyft is the latest example of auto companies collaborating on self-driving technology.
One of the Nissan Leaf's newest features, the go-cartlike e-Pedal, began life as a performance-enhancing technology prototyped for sporty driving in the Maxima sedan.
Ford Canada will allow publicly traded companies to own dealerships, reversing a long-standing policy and paving the way for AutoCanada Inc. to start buying stores, should the group so choose.
The Trudeau government has told President Donald Trump he needs to get rid of the punishing U.S. tariffs on Canadian steel and aluminum if there is any hope of successfully renegotiating NAFTA.
President Trump threw the G7's efforts to show a united front on trade into disarray after he became angry with Prime Minister Justin Trudeau, and said he might double down on import tariffs by hitting the auto industry.
British Columbia could become the second province to introduce a zero-emissions vehicle sales mandate when it unveils an climate-change strategy this fall. The king-making Green Party is "convinced" a mandate is coming.
5G technology will allow autonomous and connected vehicles to "talk" to each other and devices outside the vehicle, all at high speed. A $400-million test project is being developed across Ontario and Quebec.