Tariff impact like ’08 financial crisis, COVID and chip shortage combined, Magna CEO says | Honda Canada says there are no plans to move production to the U.S. | Automakers that keep building in Canada to get tariff exemption

Magna International CEO Swamy Kotagiri said tariffs are already impacting the industry.

͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ Having trouble viewing this email? See the online version Daily Tuesday, April 15, 2025 Tariff impact like '08 financial crisis, COVID and chip shortage combined, Magna CEO says Magna International CEO Swamy Kotagiri said tariffs are already impacting the industry. READ MORE > READ MORE > Honda Canada says there are no plans to move production to the U.S. READ MORE > READ MORE > Automakers that keep building in Canada to get tariff exemption READ MORE > Advertisement Automotive Mental Health Awareness Seminar Join us on May 13th for an open and inspiring conversation on mental health at a live event hosted by the Global Automakers of Canada in partnership with Royal Bank of Canada, Automotive News Canada, and Dentons. Click for more information. Q: Many dealership positions don't lend them­selves to working remotely or even a hybrid home/office situation. How can dealerships overcome this limitation and appeal to employ­ees for whom the five-days-a-week office presence is unattractive? READ MORE > SPONSORED CONTENT How dealerships can attract – and then keep – talented employees Q: Many dealership positions don't lend them­selves to working remotely or even a hybrid home/office situation. How can dealerships overcome this limitation and appeal to employ­ees for whom the five-days-a-week office presence is unattractive? READ MORE > Canada's auto tariffs are now in effect; Magna opens a new China headquarters; and GM kills the Cadillac XT6. Plus, UpAuto CEO Michael Carmichael and Birchwood Automotive Group CEO Steve Chipman talk about first-quarter sales, tariffs and what lies ahead in 2025. LISTEN HERE > ANC Podcast: April 11, 2025 | The week's top stories and UpAuto, Birchwood CEOs on Q1 sales, tariffs Canada's auto tariffs are now in effect; Magna opens a new China headquarters; and GM kills the Cadillac XT6. Plus, UpAuto CEO Michael Carmichael and Birchwood Automotive Group CEO Steve Chipman talk about first-quarter sales, tariffs and what lies ahead in 2025. LISTEN HERE > READ MORE > Mazda to 'pause' production of CX-50 for Canada amid tariff spat READ MORE > Buying a car dealership is a complicated and complex process, even for experienced dealers. But it can be especially daunting for first-time buyers, who must navigate a gauntlet of challenges–including some that often are overlooked. READ MORE > SPONSORED CONTENT Navigate the M&A process and stand out: Sound advice for first-time dealership buyers Buying a car dealership is a complicated and complex process, even for experienced dealers. But it can be especially daunting for first-time buyers, who must navigate a gauntlet of challenges–including some that often are overlooked. 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 This email was sent to bimoharjanto.ankerbellok@blogger.com Manage My Account  |  Contact Us ©  2025 Automotive News Canada 1155 Gratiot Ave | Detroit, MI | 48207-2997 | United States Privacy Policy  |  Terms and Conditions  |  Unsubscribe