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Canada Shifts From US Autos; Aston Martin Caution; Malaysia Outlook Cut

Wall Street Journal US Business •
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Canada is buying fewer American vehicles since the trade war began. The share of Canadian light vehicle imports from the US dropped to 43.7% in 2025 from 49.1% the prior year, as automakers sidestep counter-tariffs on US-built products. Imports from Mexico rose to roughly 21% from 17%, while other countries now supply about 35% of Canada's vehicle imports. Nearly 95% of Canada's automotive exports still go to the U.S.

Aston Martin's turnaround is showing progress, but Bernstein analysts advise patience until there's concrete evidence of strategic success. Quality issues have been resolved, headcount has been rightsized, and the Valhalla launch remains on schedule. The bank rates the stock at market-perform with a 50 pence target price. Shares slipped 2% to 45.92 pence.

Elevated crude oil prices may weigh on Malaysia's auto sector, potentially dampening consumer spending on discretionary purchases. RHB analyst Iftaar Hakim Rusli slashed his 2026 sales forecast to 780,000 units from 805,000 units. The firm maintains a neutral stance on Malaysia's auto and auto parts sector, recommending Sime Darby as its top pick for selective investors.