Rate cut could help sales | May sales up 5.7% | Toyota tweaking next-gen engines | Honda recalls 138,000 vehicles | Stellantis might drop suppliers

BoC trimmed key policy rate by 25 basis points to 4.75%, in widely expected move that marked 1st cut in 4 years

Having trouble viewing this email? See the online version

Wednesday, June 05, 2024 NOMINATE A CHAMPION OF DIVERSITY NOW: The Automotive News Canada Champions of Diversity program will be recognizing executives in the Canadian auto industry who've demonstrated their commitment to improving diversity, equity and inclusion in the workplace and their communities. The nomination window closes on July 29, 2024. Retail Bank of Canada interest rate cut praised by Canadian auto dealers   Read More > Subscription Required Retail May sales up 5.7% amid 'somewhat concerning' data, says DesRosiers   Read More > ANC Podcast: May 31, 2024 | Cadillac’s Mike Speranzini on Optiq, EVs, making customers feel special   Cadillac Canada Managing Director Mike Speranzini talks about what’s in store for the luxury brand in 2024, the importance of the Optiq EV and which customers it’s targeting, and he discusses treating customers with special care. Listen to the Podcast >   Subscription Required Automakers Key ways Toyota is tweaking its next-gen EV-fighting engine development   Read More > Subscription Required Recalls Honda recalls nearly 138,000 Fit and HR-V vehicles over faulty rearview camera image   Read More > Suppliers Stellantis may drop some suppliers to cut EV costs, CEO Carlos Tavares says   Read More > Subscribe An Automotive News Canada subscription includes 12 monthly issues – delivered in print to your doorstep, and digitally to your inbox – plus unlimited, 24/7 access to our website. Subscribe Connect With Us Our Mission “The Automotive News Canada mission is to be the primary source of industry news, data and understanding for the industry's decision-makers interested in Canada.” Click here to unsubscribe from this newsletter. Manage your email preferences. Automotive News Canada PO Box 243, Station A Windsor, Ontario, N9A 6K7 customerservicecanada@autonews.com