By Paul Vieira
OTTAWA--President Trump is "attacking" Canada's auto industry, Prime Minister Mark Carney said, and officials can't guarantee that vehicle producers operating in the country will remain there given the trade turmoil.
Carney said he and other senior officials have spoken with senior executives at the world's biggest automakers. Carney said chief executives "are very worried" about their profitability amid a 25% tariff, and that the White House is failing to take into account the depth of integration in the North American auto sector.
"Mr. Trump is attacking our industry, our auto industry, that's the truth. And the situation is very, very tough right now," Carney said Tuesday at an election-campaign stop near Montreal.
"We can strengthen incentives to invest and keep production here in Canada, but we can't make any guarantees," Carney said.
Stellantis and General Motors have already announced the temporary closures of two Canadian plants.
Carney faced auto-related questions from reporters amid reports in Japan that Honda Motor is mulling moving some of its vehicle-assembly operations from Canada and Mexico to the U.S. amid Trump's 25% tariff on foreign-made vehicles.
A spokesman for Honda's Canadian operations didn't immediately respond to a request for comment. Ontario Premier Doug Ford told reporters in Toronto that he spoke with the head of Honda's Canadian unit, and was assured there are no plans for the Japanese automaker to leave the country. Honda manufactures vehicles, among them the Civic, at its operations in Alliston, Ontario, about 40 miles north of Toronto.
Write to Paul Vieira at paul.vieira@wsj.com
(END) Dow Jones Newswires
By Paul Vieira
OTTAWA--President Trump is "attacking" Canada's auto industry, Prime Minister Mark Carney said, and officials can't guarantee that vehicle producers operating in the country will remain there given the trade turmoil.
Carney said he and other senior officials have spoken with senior executives at the world's biggest automakers. Chief executives "are very worried" about their profitability amid a 25% tariff, he said, and the White House is failing to take into account the depth of integration in the North American auto sector.
"Mr. Trump is attacking our industry, our auto industry, that's the truth. And the situation is very, very tough right now," Carney said Tuesday at an election campaign stop near Montreal.
"We can strengthen incentives to invest and keep production here in Canada, but we can't make any guarantees," he said.
Stellantis and General Motors have already announced the temporary closures of two Canadian plants.
Carney faced auto-related questions from reporters amid initial reports in Japan that Honda Motor is mulling moving some of its vehicle-assembly operations from Canada and Mexico to the U.S. amid Trump's 25% tariff on foreign-made vehicles.
A spokesman for Honda's Canadian unit said the Japanese automaker, which produces models like the Civic at operations 40 miles north of Toronto, intends to operate at full capacity for the foreseeable future, with no changes being contemplated "at this time."
Write to Paul Vieira at paul.vieira@wsj.com
(END) Dow Jones Newswires
April 15, 2025 14:37 ET (18:37 GMT)
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