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Author Topic:   Canada Dealt Blow As Honda Moves Car Manufacturing From Canada And Mexico Back To US
Randall
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posted May 01, 2025 04:02 PM     Click Here to See the Profile for Randall     Edit/Delete Message   Reply w/Quote
http://www.msn.com/en-us/money/companies/trump-wins-manufacturing-deal-in-blow-to-canada/ss-AA1DZCgm?ocid=msedgdhp&pc=HCTS&cvid=d6a8e31614fc44c8a2b831f5db8cce8b&ei=17

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teasel
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posted May 01, 2025 05:00 PM     Click Here to See the Profile for teasel     Edit/Delete Message   Reply w/Quote
Wow, that will show them. It's so awful that they stood up for themselves, against a dictator!

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Randall
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From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)!
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posted May 01, 2025 05:05 PM     Click Here to See the Profile for Randall     Edit/Delete Message   Reply w/Quote
They moved to the US because it was better for them economically.

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DualGemV2
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From: Toronto, Ontario
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posted May 01, 2025 06:09 PM     Click Here to See the Profile for DualGemV2     Edit/Delete Message   Reply w/Quote
Your being a bit disingenuous.

Let me clarify.

While your not wrong that Honda will be producing vehicles in the US, this applies for the EV models only.

The non EV models will still be produced in Canada.
http://www.reuters.com/business/a utos-transportation/honda-make-90-us-sales-locally-by-relocating-mexico-canada-production-nikkei-2025-04-15/

This makes sense because the batteries are imported from the US and are subjected to counter tariffs when imported to Canada.

Then once the EV vehicle is assembled and exported back to the US it will be tariffed again.

So it doesn't make sense for a vehicle to be tariffed at least twice, if not more.

Especially for an EV vehicle because the price will be pushed above $100k.

Plus all of the infrastructure to support EV production is in the US.

For the Alison, Ont plant all the tooling equipment, training is already set up here...you can't move a factory overnight.

So production will continue on both sides of the border.

We've been hearing talks about this since the start of April 2025, this isn't new news up here.

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Belage2
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posted May 01, 2025 06:27 PM     Click Here to See the Profile for Belage2     Edit/Delete Message   Reply w/Quote
Great news for America!

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Randall
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posted May 02, 2025 04:36 AM     Click Here to See the Profile for Randall     Edit/Delete Message   Reply w/Quote
It’s still a loss for Canada and a win for America. Also a loss for Mexico, as well. Once the tax bill is passed, Honda will move all operations to the US. Americans will be able to write off the payments, but only on cars built in America. Honda’s car sales will plummet.

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