German Auto Industry Explores Canada Expansion
Berlin’s economic minister has confirmed that the German auto industry is actively seeking to expand its presence in Canada, finding the country’s new auto sector strategy highly attractive. Discussions are underway, with a willingness from German carmakers to invest due to favorable conditions, building on existing commitments like Volkswagen’s battery factory in Ontario. This interest is independent of any submarine bid, but stems from Canada’s significant importance in regaining manufacturing jobs. Ultimately, such investments will depend on private companies determining optimal production conditions within Canada.