Jack Mintz: Will Canada’s auto industry need another bailout? --[Reported by Umva mag]

It’s been a tough year for some auto companies. Sales of electric vehicles continue to grow, especially in China and India, though more slowly than expected in North America and Europe. Demand is even falling in Italy, Japan and Germany. Meanwhile, cheaper Chinese EVs are grabbing market share in Europe and Asia. While improving recently, global vehicle sales remain sluggish at 90 million units in 2023, four million short of 2018. Read More

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