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Automotive
Automotive
Luxury goods tax on super-rich could hit electric vehicles: expert
OTTAWA — A new tax on yachts, luxury cars and private aircraft designed to hit the super-rich could also cover vehicles meant to help the environment, a tax expert warns. The luxury goods tax, which will come into force on Sept.
Aug 11, 2022 3:02 PM
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Unifor calls for national auto strategy, dedicated ministry to capture EV potential
TORONTO — Unifor is calling for a national auto strategy, and a dedicated federal government ministry to lead it, at a time of "significant and uncertain change" in the industry amid the transition to electric vehicles.
Aug 11, 2022 1:21 PM
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Man arrested in death of co-worker at Michigan GM plant
ORION TOWNSHIP, Mich. (AP) — A cleaning service employee who was working at a General Motors plant in Michigan was killed Thursday during an altercation with a co-worker, authorities said.
Aug 11, 2022 9:38 AM
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Linamar reports sales up on market share, pricing, while income dips to $105M
GUELPH, Ont. — Linamar Corp. says sales climbed in its last quarter on increased market share and higher pricing while profits saw a modest dip in part on higher input costs.
Aug 10, 2022 1:45 PM
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Unifor members elect Lana Payne as new president
TORONTO — Unifor says Lana Payne has been elected as the new president of Canada's largest private sector union, the first woman to hold the position.
Aug 10, 2022 11:30 AM
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Editorial Roundup: United States
Excerpts from recent editorials in the United States and abroad: Aug. 8 The Wall Street Journal on Trump's Senate nominees: Donald Trump now has the Senate nominees he wanted to win Republican primaries.
Aug 10, 2022 9:53 AM
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Japan's Honda sees declining profits on semiconductor crunch
TOKYO (AP) — Honda’s fiscal first quarter profit fell 33% from last year as a global computer chip shortage, a pandemic-related lockdown in China and the rising costs of raw materials hurt the Japanese automaker. Tokyo-based Honda Motor Co.
Aug 10, 2022 12:59 AM
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'The Sacrifice Zone': Myanmar bears cost of green energy
The birds no longer sing, and the herbs no longer grow. The fish no longer swim in rivers that have turned a murky brown. The animals do not roam, and the cows are sometimes found dead.
Aug 9, 2022 9:50 AM
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Most electric vehicles won't qualify for federal tax credit
DETROIT (AP) — A tax credit of up to $7,500 could be used to defray the cost of an electric vehicle under the Inflation Reduction Act now moving toward final approval in Congress.
Aug 9, 2022 6:59 AM
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Homegrown foundation leader builds bridges, trust in Flint
FLINT, Mich. (AP) — Isaiah Oliver carefully parks his car in the crumbling parking lot of North Flint’s Greater Holy Temple Church. The lot at the church was meant for parishioners coming to worship, not 18-wheelers carrying pallets of bottled water.
Aug 9, 2022 5:17 AM
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