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Stock impact report

Where are the best-selling cars in Canada assembled and what is made here? [Globe and Mail, The (Toronto, Canada)]

Stellantis N.V. Common Shares (STLA) 
Where cars come from may sound like a simple question, but it has a complicated answer that’s suddenly getting a lot of attention as the trade war sparked by U.S. President Donald Trump goes global. As the Trump administration levies a hefty tariff on Canadian-made vehicles, steel and aluminum as well as all foreign-made vehicles and (soon) Canadian auto parts as well, it has potential to drive up prices for vehicles and/or grind North American auto production to a halt. Modern cars are devilishly complex machines consisting of roughly 30,000 parts, which are put together into thousands of bigger parts, which are eventually assembled into a finished vehicle. In North America’s tightly integrated auto manufacturing sector, parts may cross the borders of Canada, the United States or Mexico five or six times before being put into a finished vehicle. So, “Buying Canadian” isn’t quite so simple when it comes to cars. That said, here are the passenger cars and light-duty trucks currently Show less Read more
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