OTTAWA – A trade agreement struck between Canada and South Korea last week has raised fears within the Canadian automotive industry about a potential increase in auto exports from the Asian country. Upon the agreement’s ratification, which may happen within a year, South Korea will remove all existing tariffs, including the 8% duty on passenger cars and light trucks, and duties ranging from 3% to 8% on auto parts exported from Canada. Canada, in turn, will remove the current 6.1% ...
Premium Content (PAID Subscription Required)
"Printer-friendly" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
•Medium- andheavy-duty truck volumes
•Historical data and much more!
Current subscribers, please login or CLICK for support information.