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Japan's Toyota announces EV and battery push in China and U.S., as its quarterly profit surges

Japan's Toyota announces EV and battery push in China and U.S., as its quarterly profit surges

TOKYO (AP) — Toyota is developing and making electric vehicles and EV batteries in China, the Japanese automaker said Wednesday, under a new partnership with the Shanghai government. Toyota Motor Corp.
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Stock market today: Calm returns to Wall Street, and tech stocks lead US indexes higher

Stock market today: Calm returns to Wall Street, and tech stocks lead US indexes higher

NEW YORK (AP) — Calm returned to Wall Street Tuesday, and tech stocks led U.S. indexes higher following a strong profit report from Palantir Technologies, a darling benefiting from the artificial-intelligence boom. The S&P 500 rose 0.
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AI company Waabi partners with Volvo on autonomous trucks

AI company Waabi partners with Volvo on autonomous trucks

TORONTO — A Toronto-based self-driving AI company is partnering with Volvo to scale the production of driverless trucks south of the border, with hopes to bring the vehicles to Canadian roads one day. Waabi Innovation Inc.
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DesRosiers says auto sales off to a strong start this year, rising 3.1% in January

DesRosiers says auto sales off to a strong start this year, rising 3.1% in January

TORONTO — DesRosiers Automotive Consultants Inc. says light vehicle sales in January were up 3.1 per cent from the same month last year, starting 2025 off on the right foot.
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China counters with tariffs on US products. It will also investigate Google

China counters with tariffs on US products. It will also investigate Google

BEIJING (AP) — China announced retaliatory tariffs on select American imports and an antitrust investigation into Google on Tuesday, just minutes after a sweeping levy on Chinese products imposed by U.S. President Donald Trump took effect.
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Insurer iA Financial buying used car warranty provider Global Warranty

Insurer iA Financial buying used car warranty provider Global Warranty

Insurance company iA Financial Corp. Inc. says it has acquired Global Warranty, a company that offers warranties for used cars and trucks in Canada. Financial terms of the deal agreement were not immediately available.
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Auto sector dodges tariffs but threats to sector and economy remain: Unifor

Auto sector dodges tariffs but threats to sector and economy remain: Unifor

TORONTO — Canada's auto sector and the economy at large has dodged the immediate threat of tariffs but significant risks remain. The last-minute reprieve Monday afternoon before the U.S.
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The Latest: Trump agrees to 30-day pause on tariffs to Canada and Mexico

The Latest: Trump agrees to 30-day pause on tariffs to Canada and Mexico

In separate negotiations, Canadian Prime Minister Justin Trudeau and Mexican President Claudia Sheinbaum have agreed with U.S. President Donald Trump to pause planned tariffs for at least a month .
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Loonie falls, S&P/TSX composite closes down nearly 300 points on tariff threat

Loonie falls, S&P/TSX composite closes down nearly 300 points on tariff threat

TORONTO — Canada's main stock index closed down nearly 300 points while the loonie fell to its lowest level in more than two decades on the impending threat of tariffs that wasn't lifted until after market close. Markets in both Canada and the U.S.
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Stocks from automakers to retailers feel pressure from tariff threats

Stocks from automakers to retailers feel pressure from tariff threats

NEW YORK (AP) — Companies in a wide range of industries saw their stocks come under pressure Monday on Wall Street because of tariff threats from President Donald Trump. Automakers, technology companies and retailers all fell as the U.S.
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