Truck Maker Paccar to Trim Workforce at Quebec Plant, Union Says

Dow Jones
Oct 23
 

By Paul Vieira

 

OTTAWA--Heavy truck maker Paccar, dealing with tepid demand for 18-wheelers, cut its workforce at a Canadian plant, the union representing the company's workers said.

Unifor, which represents automotive workers in Canada, said Paccar is laying off 300 of its employees at a factory in Sainte-Therese, Quebec, and tied the cuts to pending tariffs from the Trump administration on heavy-duty trucks. Paccar laid off about 175 workers at the Quebec factory in July.

"The upcoming tariffs are a brutal blow to an already struggling company," said Unifor president Lana Payne.

A spokesman for Paccar, based in Bellevue, Wash., didn't immediately respond to a request for comment.

Late last week, President Trump said he would impose a 25% tariff on heavy trucks and truck parts, effective Nov. 1. However, trucks and parts from Canada and Mexico that comply with the terms of the U.S.-Mexico-Canada trade treaty, or USMCA, would be exempt from this tariff, U.S. officials said.

Paccar released third-quarter earnings this week, which showed profit and revenue fell on weaker demand for its heavy trucks. The heavy-duty truck market has slumped in recent months as trade tensions and economic uncertainty have slowed freight movement following a postpandemic boom.

Layoffs by Paccar mark the latest setback for Canada's auto sector. In the span of just over a week, Stellantis said it would be shifting production of its Jeep Compass model to Illinois from Ontario and General Motors said it would cease production of its BrightDrop electric-delivery van at a Canadian factory, putting 1,200 jobs at risk.

 

Write to Paul Vieira at paul.vieira@wsj.com

 

(END) Dow Jones Newswires

October 22, 2025 19:17 ET (23:17 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10