Canadians want new cars, but fear rising prices due to tariffs
From driving.ca
Many Canadians plan to buy a new vehicle within the next five years, but many are also worried prices will rise sharply due to uncertainty in the industry; and a majority of them want their vehicle built or assembled in Canada. That’s according to a new survey by advisory firm KPMG, which found that 61% of Canadians plan to buy a new vehicle in that time period; but that 72% say it’s “very” or “somewhat” important that it be Canadian. “With U.S. tariffs disrupting the industry, Canadians are in the market for a new vehicle and are looking to the brands they trust at prices they can afford in models they want, and ...
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