Canada’s growing electric vehicle (EV) manufacturing sector faces serious challenges due to U.S. tariffs. The industry, which is still in its early stages, could be significantly impacted by the 25% tariff on Canadian goods. This disruption threatens not only the EV sector but also the broader North American auto industry, which relies on interconnected supply chains across Canada, the U.S., and…
Mexico increased the value of its auto parts production by 10.3% between 2011 and 2012, displacing South Korea as the fifth largest global manufacturer of automotive parts and components.
Mexico's main advantage over Asia was the diversification of sales, since while the bulk of South Korea's auto parts production is for its assembly plants (such as Hyundai, Kia and SsangYong), Mexico serves…