#japanese-automakers

#japanese-automakers

As the Detroit Three automakers have made fewer cars in Canada over the past decade, Japanese car makers have kept their Canadian footprint consistent, according to a new report. The findings by the Trillium Network for Advanced Manufacturing, a non-profit think-tank at Western University that analyzes manufacturing in Ontario, show a decline in the overall number of cars made in Canada compared to a decade ago. In 2016, 2.3 million cars were assembled in the country; by 2025, that figure fell to 1.2 million.

Toyota's forecast for the 2026 fiscal year has been lowered due to US tariffs, predicting a drop in operating income by 1.4 trillion yen.