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The Canada Border Services Agency has launched an investigation into container chassis imported from Vietnam by British Columbia-based Ocean Trailer, a spokesman for the agency said.
Container chassis imports from China accounted for 1% of the total in the first three quarters of 2024 and 3% in 2023, having been responsible for 36%, 49% and 34%, respectively, in Q4 2020, 2021 ...
Toyota's sales in China are slumping as it faces brutal competition from local EV giants like BYD. The Japanese automaker plans to fight back by taking a page from Elon Musk's playbook.
Also Wednesday, Toyota reported fiscal third quarter profit jumped 61% from the previous fiscal year to 2.19 trillion yen ($14 billion), on 12.4 trillion yen ($81 billion) sales, up 3% on-year.
Toyota readies a counterattack in China. Plus: Tesla protests rage on for another weekend. How long can Elon Musk's company keep this up?