The Canadian government said it is preparing to publish a list of U.S. products “in the coming days” that may face tariffs if there is no “satisfactory resolution.” The tariffs would include the auto sector, among other industries, the letter states.
Toyota’s announced a $1.29 billion battery plant in Liberty, N.C., will have capacity for 1.2 million battery packs per year, suggesting more local investment will follow.
Output is now slated to begin in December 2024 at a yet-to-be-determined site, rather than Cuautitlan, Mexico, allowing automaker to boost Mustang Mach-E supplies.
Terry Taylor’s Automotive Management Services Inc. business has expanded its reach in the Northeast with the acquisition of AutoFair Automotive Group.
No employees were injured or killed when a plane crashed Sunday night in the lot of a Medford, Ore., dealership.