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Description: Toyota Motor Corp. plans to begin building two more Lexus SUVs in Canada, according to people familiar with the matter, a major win for the nation’s otherwise-struggling auto sector.

Source: Bloomberg.com – video report

Date: Apr 26, 2019

Link: https://www.bloomberg.com/news/articles/2019-04-26/toyota-is-said-to-plan-lexus-suv-investment-for-canada-plant?srnd=premium-canada

Questions for discussion:

  • How well is the Canadian auto industry doing these days, according to the article?
  • Why do you suppose Toyota has chosen to invest in Canada?
  • What will this mean for other Canadian businesses?

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