CANADA GROWS IN IMPORTANCE AS EXPORT MARKET FOR US AUTOMAKERS
September 27th, 2023
The Canadian automotive import market is becoming an increasingly important to USA-based assemblers, with USD17.2 billion’s worth of American-made cars, SUVs and light trucks sold in Canada in 2022, according to federal government figures issued from Ottawa. That is up from USD14.2 billion in 2021 and higher than pre-Covid-19 sales – USD14.6 billion in 2018 and USD13.8 billion in 2019.
A USA International Trade Administration (ITA) briefing note stresses the opportunities for USA auto makers, saying as regards Canadian import markets, automotive is the ...
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