Trump könnte den Tod der kanadischen Autoproduktion bedeuten. Hier ist Plan b
https://www.thestar.com/business/trump-could-spell-the-death-of-canadian-auto-production-heres-plan-b/article_3b8a288a-5be8-4dbf-95ed-b47387542984.html
Trump könnte den Tod der kanadischen Autoproduktion bedeuten. Hier ist Plan b
https://www.thestar.com/business/trump-could-spell-the-death-of-canadian-auto-production-heres-plan-b/article_3b8a288a-5be8-4dbf-95ed-b47387542984.html
5 Kommentare
The writing is on the wall, the American auto industry seems to be in a death spiral.
When the industry changes their entire production line to take advantage of friendly domestic policy, they stop competing with the rest of the world, and focus only where they have a regulatory advantage, that’s not generally a good sign for the future.
America is not some growing power, it’s quickly collapsing in on itself. Oligarchs are carving up the country and selling it off for parts.
The American auto industry is making the same kind of mistakes blockbuster made when Netflix hit the market. Honestly don’t think this is the right time to be invested in this franchise anymore, it’s time we branched out.
For those of you who can’t access the Paywall, Plan B is nationalizing motor vehicle production in Canada. Good luck with that. Past instances of governments running car companies (e.g., British Leyland under the UK Labour government in the 1970s) ended in dismal failure.
There is a Plan C I’m surprised the author doesn’t mention. If assembly plants begin to pull out of Canada, we tariff vehicle imports at a rate high enough to affect consumer choice. The companies would then be faced with writing off a market as large as California – not a trivial market share. They could agree to keep plants open and do limited production runs for the Canadian market. Or they could work out some formula by which partial vehicle assembly is still done on Canadian soil. That is not ideal, but it would at least preserve some jobs.
Were we slow to read the issues brewing in the US over the past years? We all knew how Trump functioned during his 1st term, and which of our industries would be badly impacted by his actions. The likelihood of he getting a 2nd term was always a possibility. This should have spurred action to start preparing for contingencies, looking for more markets for these industries, or planning for diversification very much earlier. I’m hoping that this has taken place and that our leaders are just keeping it close to their chest for the time being. Otherwise it’s going to be a long and bumpy ride!
If we can’t be part of the assembly of North American cars, (and lose careers in the process by the lot) why on earth should Canada not tariff the vehicles made in the US in response?
Be forced out of assembly for America / Mexico, but be expected to be allowed to sell their vehicles here unopposed?
How asinine. Canadians lose on both fronts (jobs and consumer wise).
Clearly Trump couldn’t give a shit about that, he’s honestly expecting Ford, Chrysler and GM to still have protected access to the Canadian market, but at the same time cut us out completely.
If Canadians are forced out of the assembly process (a big financial hit to Ontario), tariff the finished products that would come back across the border, and lower the tariff on BYU and other vehicles to allow Canadians to get the choice. (We are currently taking the diplomatic hit there for the US with no gain. BYU is fine enough for the rest of the world, Canadians shouldn’t be forced to be locked out to protect American business)
The author’s „Plan B“ is that current automotive production capacity pivots to building military vehicles, tractors and heavy equipment.
Think on that a bit. Presumably, GM and Ford will need to walk away from their factories, because they are worthless in terms of their original purpose. Then, someone would need to finance their re-tooling for other products, with dubious market demand. And all of this simply to retain those factory jobs, plus the knock-on service sector, because we can buy autos, tractors, and military vehicles from Europe and Asia, without problems, so don’t actually need to otherwise do any of this.