Auto sector bleeds from bite of high fuel
U.S. vehicle sales plunged last month to their lowest level since 1991 as soaring gas prices mauled the pickup truck and sport utility vehicle markets and even bit into crossovers, one segment that has been a bright spot for the embattled Detroit Three.
We have posted the details for you as well. Maybe this will loosen up some of the American Dealers to start selling to Canadians.
Continue reading “Car Sales dip in June!”
As GM Closes down a plant in Ontario, Honda opens one to produce another 200,000 Cars annually.
Continue reading “Honda sets sales record and to open new Plant in Ontario!”
Part of the drop is a provision they made for a possible tax settlement - they appear to be avoiding taxes on income from China!
Where there is smoke there is fire - how much would you bet that they are probably avoiding taxes in Canada too! All related to higher prices charged in Canada versus the U.S. for the same product. (transfer pricing/costs) Wake-up Revenue Canada!
2008-04-26hondaprofitdrops.pdf
Honda really doesn’t like Canadians, now they have adopted a new policy – no recall letters to Canadians… no soup for you!
refer to this post:
by-robert1-on-tue-apr-22.pdf
Check this post out we just received below. We are also hearing many stories of Canadian dealers selling U.S. Market Audi’s and BMW and MB, that the RIV would consider inadmissible!
Yes! These are the same cars that you and I either can’t bring in to the country or are forced to spend thousands of dollars to modify bumpers… etc..
Continue reading “OK for dealers, but individual Canadians are cut off!”