Canada’s Motor Vehicle Manufacturing Industry: Autumn 2009
The Conference Board of Canada, 14 pages
December 18, 2009
The Canadian Industrial Outlook Service includes detailed five-year forecasts in 16 key Canadian industries. This report examines the short-and medium-term economic and profitability outlook for Canada’s Motor Vehicle Manufacturing Industry.
- U.S. Recession—Motor vehicle sales have hit bottom in the United States,
but will remain weak well into 2012 as consumers retrench from the global
- Assembler Solvency—Chrysler and General Motors have survived thanks
to public assistance, and both have announced firm schedules for repaying
Canadian and U.S. government loans.
- Manufacturer ownership—The high degree of U.S. union ownership of
one or more of the Detroit Three parent companies could bias investment
in favour of U.S. plants.