Latest news with #ToyotaCanada
CTV News
27-05-2025
- Automotive
- CTV News
Toyota doubles down on hybrid technology in Ontario-produced SUVs
Toyota Canada transitions away from gas-only models to hybrid and plug-in hybrid models of RAV4. Toyota Canada transitions away from gas-only models to hybrid and plug-in hybrid models of RAV4. With record sales of hybrid SUVs, Toyota Canada moves away from gas-only models The largest automotive manufacturer in Southwestern Ontario will no longer produce gas-only models. Toyota Canada has confirmed that its next-generation RAV4 – built in Woodstock and Cambridge – will only be available in hybrid and plug-in hybrid models. An industry insider is not surprised. 'No, no, this was the plan. The hybrids are selling like hotcakes, and it is an easy little add-on for the consumer,' said Brendan Sweeney of the Trillium Network for Advanced Manufacturing. Toyota Canada reported record sales of the current RAV4 Hybrid, with 4,470 sold in March. That compares to 4,331 gas models purchased. 052725 - Toyota Canada 2026 RAV4 vehicles. (Source: Toyota Canada) Sweeney believes the end of the gas-only model will not dampen production or employment levels. 'The hybrid is a nice thing because it has more stuff in it. So, they might actually need a few more people, not many more, but maybe more. But at worst, employment probably stays pretty steady at Toyota over the medium term,' he said. Toyota employs over 8,000 people at its two assembly plants. Meanwhile, Sweeney is confident the impact of U.S. tariffs on its Canadian-made vehicles will be 'sorted out' by the fall. That would be good news, as nearly 90 per cent of Ontario-built RAV4s are shipped south of the border. 'I think there are deals to be had,' he said, adding there is a solid future ahead for the Canadian automotive industry. 'It's just going to look a little different than it did, you know, in the heyday and in the 1990s.' To make his point, Sweeney notes the decline in Canadian production by the traditional Big Three automakers. 'At the moment, if we look into the 2030s, the future of the Canadian automotive industry largely hinges on Toyota, Honda, and Volkswagen.'
Epoch Times
08-05-2025
- Automotive
- Epoch Times
Report Calls for ‘Auto Pact' Tying Duty-Free Vehicle Imports to Canadian Production
A new report suggests that if Canada can't convince President Donald Trump to drop all auto tariffs, it should negotiate a new auto trade agreement with the U.S. and Mexico that would impose permanent import tariffs but grant automakers a break if they meet minimum local production requirements. The strategy outlined in the report, released Thursday by the C.D. Howe Institute, draws inspiration from the 1965 Canada-U.S. Auto Pact. Author Stephen Beatty, a former Toyota Canada executive, argued that in response to any U.S. tariffs, Canada should impose its own surtax on imports of U.S. light-duty vehicles. But he said auto manufacturers currently assembling vehicles or manufacturing major components in Canada should be provided with a tax break proportionate to their Canadian production. That move would be aimed at incentivizing the U.S. and Mexico to review the automotive provisions of the Canada-U.S.-Mexico agreement once renegotiations of that deal begin. There, Beatty said Canada should propose permanently reinstating tariffs on automobile trade between the three countries and establishing a common external duty rate. He argued the countries should each agree to waive their duties on a defined volume of vehicles imported from the other two by any company that maintains a manufacturing base in the importing country. For example, a manufacturer that produces 100 vehicles in Canada, the U.S., or Mexico would be entitled to import up to 100 vehicles in combination from the two other countries. Related Stories 4/4/2025 3/26/2025 'Canada needs to use this window to build leverage and put a real plan on the table,' said Beatty in a press release. 'We can't leave the future of an auto sector that supports good jobs on both sides of the border to the fate of another round of familiar but damaging tariffs.' On April 3, a 25 percent tariff by the U.S. on Canadian-built vehicles came into effect. Canada responded with its own 25 percent tariff on vehicles imported from the U.S. that are non-compliant with CUSMA. The sector did get some relief last week when U.S. Customs and Border Protection guidance said automobile parts compliant with CUSMA will not be hit by Trump's tariffs. While 'plan A' for Prime Minister Mark Carney's government should be to reach a new deal with the Trump administration that 'preserves mostly tariff-free trade,' Beatty said Canada also needs a 'plan B.' He said there is a pressing need to counterbalance the incentive for companies to abandon their investments in Canada and move south due to the threat of U.S. tariffs. Canada's vehicle assembly footprint has shrunk in recent years—a 'troubling' development, Beatty noted, as Mexico has grown its share of North American production, while U.S. manufacturing has remained stable. 'Recent layoffs highlight the current fragility of Canada's auto sector,' said Beatty. 'If we want to keep good jobs, maintain investments, and guard against the very real threat that this could all slip away, we need to rethink our strategy.' The proposal for a modernized auto pact would seek to appeal to the Trump administration's call for the elimination of trade imbalances and reinforced domestic supply chains, said Beatty. 'A reinvigorated North American auto industry, spread across the three countries, would attract foreign investment while creating a home-court advantage for companies that either grew up here or North Americanized their businesses,' he said in the report. 'Nothing could be more in the spirit of tariff reciprocity than a policy that is inherently self-balancing.'
CBC
08-05-2025
- Automotive
- CBC
Report calls for 'auto pact' tying duty-free vehicle imports to Canadian production
A new report suggests that if Canada can't convince President Donald Trump to drop all auto tariffs, it should negotiate a new auto trade agreement with the U.S. and Mexico that would impose permanent import tariffs but grant automakers a break if they meet minimum local production requirements. The strategy outlined in the report, released Thursday by the C.D. Howe Institute, draws inspiration from the 1965 Canada-U.S. Auto Pact. Author Stephen Beatty, a former Toyota Canada executive, argued that in response to any U.S. tariffs, Canada should impose its own surtax on imports of U.S. light-duty vehicles. But he said auto manufacturers currently assembling vehicles or manufacturing major components in Canada should be provided with a tax break proportionate to their Canadian production. That move would be aimed at incentivizing the U.S. and Mexico to review the automotive provisions of the Canada-U.S.-Mexico agreement once renegotiations of that deal begin. There, Beatty said Canada should propose permanently reinstating tariffs on automobile trade between the three countries and establishing a common external duty rate. He argued the countries should each agree to waive their duties on a defined volume of vehicles imported from the other two by any company that maintains a manufacturing base in the importing country. Canada needs to build leverage, report author says For example, a manufacturer that produces 100 vehicles in Canada, the U.S., or Mexico would be entitled to import up to 100 vehicles in combination from the two other countries. "Canada needs to use this window to build leverage and put a real plan on the table," said Beatty in a press release. "We can't leave the future of an auto sector that supports good jobs on both sides of the border to the fate of another round of familiar but damaging tariffs." On April 3, a 25 per cent tariff by the U.S. on Canadian-built vehicles came into effect. Canada responded with its own 25 per cent tariff on vehicles imported from the U.S. that are non-compliant with CUSMA. The sector did get some relief last week when U.S. Customs and Border Protection guidance said automobile parts compliant with CUSMA will not be hit by Trump's tariffs. While "plan A" for Prime Minister Mark Carney's government should be to reach a new deal with the Trump administration that "preserves mostly tariff-free trade," Beatty said Canada also needs a "plan B." He said there is a pressing need to counterbalance the incentive for companies to abandon their investments in Canada and move south due to the threat of U.S. tariffs. Canada's vehicle assembly footprint has shrunk in recent years -- a "troubling" development, Beatty noted, as Mexico has grown its share of North American production, while U.S. manufacturing has remained stable. "Recent layoffs highlight the current fragility of Canada's auto sector," said Beatty. "If we want to keep good jobs, maintain investments, and guard against the very real threat that this could all slip away, we need to rethink our strategy." The proposal for a modernized auto pact would seek to appeal to the Trump administration's call for the elimination of trade imbalances and reinforced domestic supply chains, said Beatty. "A reinvigorated North American auto industry, spread across the three countries, would attract foreign investment while creating a home-court advantage for companies that either grew up here or North Americanized their businesses," he said in the report. "Nothing could be more in the spirit of tariff reciprocity than a policy that is inherently self-balancing."
Winnipeg Free Press
08-05-2025
- Automotive
- Winnipeg Free Press
Report calls for ‘auto pact' tying duty-free vehicle imports to Canadian production
TORONTO – A new report suggests that if Canada can't convince President Donald Trump to drop all auto tariffs, it should negotiate a new auto trade agreement with the U.S. and Mexico that would impose permanent import tariffs but grant automakers a break if they meet minimum local production requirements. The strategy outlined in the report, released Thursday by the C.D. Howe Institute, draws inspiration from the 1965 Canada-U.S. Auto Pact. Author Stephen Beatty, a former Toyota Canada executive, argued that in response to any U.S. tariffs, Canada should impose its own surtax on imports of U.S. light-duty vehicles. But he said auto manufacturers currently assembling vehicles or manufacturing major components in Canada should be provided with a tax break proportionate to their Canadian production. That move would be aimed at incentivizing the U.S. and Mexico to review the automotive provisions of the Canada-U.S.-Mexico agreement once renegotiations of that deal begin. There, Beatty said Canada should propose permanently reinstating tariffs on automobile trade between the three countries and establishing a common external duty rate. He argued the countries should each agree to waive their duties on a defined volume of vehicles imported from the other two by any company that maintains a manufacturing base in the importing country. For example, a manufacturer that produces 100 vehicles in Canada, the U.S., or Mexico would be entitled to import up to 100 vehicles in combination from the two other countries. 'Canada needs to use this window to build leverage and put a real plan on the table,' said Beatty in a press release. 'We can't leave the future of an auto sector that supports good jobs on both sides of the border to the fate of another round of familiar but damaging tariffs.' On April 3, a 25 per cent tariff by the U.S. on Canadian-built vehicles came into effect. Canada responded with its own 25 per cent tariff on vehicles imported from the U.S. that are non-compliant with CUSMA. The sector did get some relief last week when U.S. Customs and Border Protection guidance said automobile parts compliant with CUSMA will not be hit by Trump's tariffs. While 'plan A' for Prime Minister Mark Carney's government should be to reach a new deal with the Trump administration that 'preserves mostly tariff-free trade,' Beatty said Canada also needs a 'plan B.' He said there is a pressing need to counterbalance the incentive for companies to abandon their investments in Canada and move south due to the threat of U.S. tariffs. Canada's vehicle assembly footprint has shrunk in recent years — a 'troubling' development, Beatty noted, as Mexico has grown its share of North American production, while U.S. manufacturing has remained stable. 'Recent layoffs highlight the current fragility of Canada's auto sector,' said Beatty. Winnipeg Jets Game Days On Winnipeg Jets game days, hockey writers Mike McIntyre and Ken Wiebe send news, notes and quotes from the morning skate, as well as injury updates and lineup decisions. Arrives a few hours prior to puck drop. 'If we want to keep good jobs, maintain investments, and guard against the very real threat that this could all slip away, we need to rethink our strategy.' The proposal for a modernized auto pact would seek to appeal to the Trump administration's call for the elimination of trade imbalances and reinforced domestic supply chains, said Beatty. 'A reinvigorated North American auto industry, spread across the three countries, would attract foreign investment while creating a home-court advantage for companies that either grew up here or North Americanized their businesses,' he said in the report. 'Nothing could be more in the spirit of tariff reciprocity than a policy that is inherently self-balancing.' This report by The Canadian Press was first published May 8, 2025.
CBC
08-03-2025
- Automotive
- CBC
Toyota Canada the latest sponsor to join forces with the new Northern Super League
Toyota Canada has joined the Northern Super League's list of sponsors ahead of the new Canadian women's league April kickoff. The announcement was made on the eve of Saturday's International Women's Day. "Soccer is more than a game — it's a powerful force for what matters most, uniting Canadians from coast to coast to coast," Cyril Dimitris, president and CEO of Toyota Canada, said in a statement. "We're proud to support the continued growth of women's soccer in Canada through this partnership with the Northern Super League." Other NSL sponsors include the Intact Financial Corporation, Canadian Tire, SportChek, DoorDash, Coca-Cola, WestJet and Westland Insurance.
