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Top News In Canadian Auto Industry Today - Breaking & Trending Today

CNN CNN Newsroom With Poppy Harlow and Jim Sciutto February 11, 2022 14:06:00

Threat. we know that already gm, ford, toyota, and honda have all had their auto production impacted in part or in whole at some of the factories. business groups are sounding the alarm, they re urging officials on both sides of the border to try to get this resolved because we have to remember, there is a lot of integration between the u.s., mexican and canadian economies, particularly when you talk about the auto industry and auto parts. there is not just a canadian auto industry. it is really a north american and global auto industry. that s why there is these ripple effects. it could really impact people, i think, around the country in terms of prices. we already saw car prices in january jump by a record 12%, that was new cars and trucks. used cars up by 40%. parts up as well. it is hard to see how any of this can help the situation. i think the real impact is going to be determined by how long these disruptions last and how ....

Business Groups , Auto Production , Auto Parts , Auto Industry , Canadian Auto Industry , Car Prices , Ripple Effects , Global Auto Industry ,

CNN At This Hour With Kate Bolduan February 14, 2022 16:35:00

That anxiety very much there as well. absolutely. and the ripple effect from this as well, far reaching and swift, which surprised a lot of people from michigan to ohio to kentucky, other places. one person told me that when it comes to the auto industry, there s really no american auto industry and a canadian auto industry. it s really all one. what s the lesson then here because this might not be as you re suggesting, the last protest like this that we see? it s something to think about. i very quickly said the other day, this is why we need to get our american supply chain back, and the next day, i shouldn t have been so flippant. there were canadian plants down because of the american side. i do think that both sides have to look at, do we need a supply chain that s going to be dependent on borders through this? so we all have to talk about how we re going to keep our economy strong, our national security strong, we really need to look at who really did, is at the ....

Ripple Effect , Auto Industry , American Auto Industry , Canadian Auto Industry , Supply Chain Back , Supply Chain , National Security Strong ,