Auto parts shares slide as industry warns of tariff disruptions

Shares of major Canadian auto parts companies plunged on Monday as the industry warned that the threat of fresh U.S. tariffs on the sector could throw the North American auto industry into disarray after the collapse of a prospective trade deal on Friday. Shares of Martinrea International Inc. MRE-T were among the day’s worst performers on the Toronto Stock Exchange, slumping 9.7 per cent to end at $10.11. Linamar Corp. LNR-T fell more than 8 per cent to $99.62, and Magna International Inc. MG-T shares shed more than 6.5 per cent to close at $93.85. Martinrea, Linamar and Magna are…