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
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?