Toyota will assemble electric batteries at its Ontario plants, adding to the concentration of electric vehicle investment in Southwestern Ontario.
It's a matter of how bad the news will be for the London region auto sector because of U.S. tariffs, not whether it will be bad, many say
Ontario automotive assembly plants could shut down within a week of being hit with a U.S. tariff on their vehicles, some industry observers say. Car dealers in the U.S. have seen inventory on their lots steadily growing for more than a year. There are now about three million unsold vehicles, and a 25 per-cent-price increase […]