Lotus has shipped the first batch of Chinese-made Eletre SUVs to Canada, becoming the first manufacturer to physically deliver vehicles into the country under the trade framework that opened in Mar…
I would have assumed they would specify the quotas per price range, maybe they did. We might see cheap ones yet. Probably not what I want, but that was unlikely anyway.
need for quota to grow, but overall, its better for Canadians to have cheaper Asian shoes, than rely on US owned industry that wants subsidies while cutting production here. Even if Canada gets a labour cut, which is in extreme doubt, US plan is to isolate NA market to extortionist uncompetitive oligopoly.
I was hoping for $20k models.
If they can only import a certain number of cars, they’re gonna import the cars that make the most money.
I’m no economist, but maybe if they set the limit by total sale value instead, we would get the cheaper cars that have more demand.
The deal requires 10% to be under 35k by 2027 and 50% under 35k by 2030.
nice
I would have assumed they would specify the quotas per price range, maybe they did. We might see cheap ones yet. Probably not what I want, but that was unlikely anyway.
need for quota to grow, but overall, its better for Canadians to have cheaper Asian shoes, than rely on US owned industry that wants subsidies while cutting production here. Even if Canada gets a labour cut, which is in extreme doubt, US plan is to isolate NA market to extortionist uncompetitive oligopoly.