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Honda's more profitable sales mix and aggressive cost cutting offset foreign exchange rate losses.
Ontario has ended green-vehicle incentives, which paid up to $14,000 toward the purchase of a new EV. The move will likely result in a significant decline of EV sales in the province, experts say.
Scotiabank Economics still projects two million new vehicles will be sold in Canada in 2018 — down from the record 2.04 million a year ago. But, there's a caveat.
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