Article Abstract:
The federal government of Canada will retain the 6.7% tariff charged for imported motor vehicles from manufacturers outside the North America region that do not belong to an automotive agreement with the Canadian government. The Canadian federal government's move poses a threat to the future investments that can be placed into Canada by automakers from Japan. The Canadian government's retention of the 6.7% auto tariff is seen as sending a negative signal to potential Japanese investors.
Comment:
Canada: Fed govt will retain 6.7% tariff charged for imported vehicles from non-auto pact mfrs outside N America
User Contributions:
Comment about this article or add new information about this topic:
Article Abstract:
Japan's Toyota Motor Corp. and Honda Motor Company Ltd. have clashed over the best method to produce new vehicles that meet more stringent environmental standards. Toyota, which is led by president Fujio Cho, believes that automakers should cooperate to produce the needed technological breakthroughs.
User Contributions:
Comment about this article or add new information about this topic:
Article Abstract:
Toyota Motor Corp. has announced that it will build its new Lexus RX300 sport-utility vehicle at its Cambridge, Ontario operations. Toyota Motor Manufacturing Canada Inc. is expected to make the announcement with local government officials.
User Contributions:
Comment about this article or add new information about this topic: