Similar increase in the price of new and used vehicles
- APMA
- Jan 9
- 1 min read
Florence Bolduc, CBC Radio-Canada
Jan 6, 2025
[Original story in French]
“Manufacturing costs in the United States have increased significantly with the import of all parts from Japan, Korea, Europe and China and the cost of vehicles imported from the United States to Canada”, explains the head of Canada's Automotive Parts Manufacturer's Association, Flavio Volpe.“ This means absorbing the additional tariffs on parts in the United States, followed by tariffs imposed by Canada.”
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