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0.00268096514745315 0.00402144772117966 0 0.00268096514745315 0.00134048257372663 0.00871313672922257 0.0113941018766757 0.00674262734584462
Stock impact report

Posthaste: Canadian auto sector innovates amid uncertainty [Yahoo! Finance Canada]

Stellantis N.V. Common Shares (STLA) 
More than 80 per cent of Canadian original equipment manufacturers (OEMs) are adjusting their supply chains, while 70 per cent are looking to expand into new international markets and 62 per cent are changing the mix of products they produce to avoid tariffs, according to a survey by KPMG Canada. For some OEMs, the changes are wholesale, with more than 15 per cent of them expecting their business to be “completely transformed” within the next three years and 51 per cent saying they have shifted their focus to defence production from automotive. “The survey captures an industry that understands the scale of disruption but continues to make disciplined decisions,” Flavio Volpe, president of the Automotive Parts Manufacturers' Association, said in the report. “Leaders are reinforcing supply chains, adjusting cost structures, adopting technology at a faster rate than most outside observers appreciate and, in many cases, looking to overseas partners to offset the uncertainty around Show less Read more
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