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Showing research about Canada

20211110-macro-pcb-600x397

Ford, GM see impact of chip shortage

Automakers reporting Q3 results over the past few weeks have had a common theme in talking about the chip shortage and the impact on business. Ford CFO John Lawler noted the challenges facing the industry saying they saw “lower-than-anticipated improvement in chip availability in the second ha... Read more →

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Ford, Volkswagen could shift if EV credits charge up

Canada and Mexico have issued warnings that potential tax credits for electric vehicle (EV) assembly in the U.S. may run afoul of USMCA. The USMCA sets out rules-of-origin requirements for cars to receive tariff reductions, and Canada and Mexico feel that the credits would undermine the commit... Read more →

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U.S. Steel looks to capitalize on record-high prices

U.S. Steel has announced plans for a new, 3 million ton capacity plant starting next year, counting on high steel prices to continue. CEO David Burritt said in an interview that “We have the winds at our backs. Steel prices seem to be sustainable.” Data on steel prices show that the average pr... Read more →

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