"cuts_off_prius" (cutsoffprius)
10/18/2013 at 21:22 • Filed to: None
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"cuts_off_prius" (cutsoffprius)
10/18/2013 at 21:22 • Filed to: None | 1
| 3 |
Main article
http://www.cbc.ca/news/politics/…
What is means for auto industry
http://www.cbc.ca/news/canada/wi…
Summary
Unifor, the union representing auto workers at Windsor Assembly Plant where Chrysler makes its flagship minivans, said a Canada-European trade deal will not be good for the Canadian auto industry and manufacturing.
Rajeeva Sinha of the University of Windsor's Odette School of Business said a new trade agreement could encourage American automotive companies to export more cars from its Ontario plants.
Sinha and DesRosiers both said there could, indeed, be an increase in the number of European vehicles imported to Canada. The 6. 1 per cent tax that was slapped on European cars coming to Canada Is also being lifted.
Auto analysts have mixed opinions on what a new trade agreement between Canada and the European Union means for Canadian car makers.
Canada exported 13,000 cars to Europe last year but a new trade deal could see that number to rise to 100,000 analysts say.
You could easily get another $3 billion in trade imbalance because the tariffs are going to be zero going to Europe and zero coming from Europe," said Dino Chiodo, the Ontario Chair of Unifor and the president of Unifor Local 444, which represents about 4,500 hourly workers at Chrysler.
Oh and here's the part many of us are probably wondering:
Influx of European imports predicted
Sinha and DesRosiers both said there could, indeed, be an increase in the number of European vehicles imported to Canada.
The 6.1 per cent tax that was slapped on European cars coming to Canada Is also being lifted.
"But then this is the nature of adjustments that will have to be worked out over a period of time," Sinha said.
DesRosiers said "a very high percentage of vehicles imported from the EU are luxury products," including BMW, Mercedes-Benz, Audi and Porsche.
"The premium/luxury vehicle market is currently Canada’s fastest growing segment and we are on record that the current decade will go down as the ‘decade for European brands' and this agreement will add to that," DesRosiers said. "Lesson No. 1: buy a European or luxury dealership."
There are premium automakers in Ontario, including Lexus in Cambridge, Cadillac in Oshawa, Lincoln in Oakville and Acura in Alliston.
"There could be some downside for these plants and their workers. But they do have seven years to adjust so any negative would happen slowly and companies may be able to adapt," DesRosiers said.
tl;dr - FREAKING DIESEL WAGONS!!!
POD
> cuts_off_prius
10/18/2013 at 21:27 |
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Sooooo can I get my A45 AMG now? That's what I really need to know.
SpeedSix
> cuts_off_prius
10/18/2013 at 21:48 |
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Soon...
RMudkips
> cuts_off_prius
10/18/2013 at 22:53 |
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So I get more used 240s, and possibly even a Polar edition, but still have to wait a bit for current-Gen Hiaces.
Well, don't ask for too much, they say.