Canada’s Motor Vehicle Parts Manufacturing Industry: Industrial Profile Summer 2013
The Conference Board of Canada, 2 pages,
August 20, 2013
This industry profile provides a five-year forecast for Canada’s Motor Vehicle Parts Manufacturing Industry.
- Geographic Shift in North American Auto Production—The ongoing shift in North American vehicle assembly to the southern U.S. states and Mexico is bringing parts production with it as well.
- U.S. Vehicle Sales—Strong gains in U.S. vehicle sales will drive parts production higher in the near term.
- Fuel Economy Standards—Rising North American fuel economy standards are creating significant opportunities for innovative parts manufacturers in areas such as lightweight materials, engine components, and battery technology.