Canada’s Motor Vehicle Parts Manufacturing Industry: Industrial Outlook Autumn 2015
This report examines the short-and medium-term economic and profitability outlook for Canada’s Motor Vehicle Parts Manufacturing Industry.
- Canadian Dollar—The decline in the loonie in 2015 has increased revenues for Canadian firms.
- Vehicle Sales—Canada and the United States posted record auto sales last year. Although Canadian sales are expected to plateau, U.S. demand is on the upswing.
- Production Plateau—Vehicle production at Canadian assembly plants will remain steady in the short term. But with no new models coming to Canadian assembly lines, domestic parts demand will weaken.