Canada’s Motor Vehicle Manufacturing Industry: Industrial Outlook Autumn 2014
The Conference Board of Canada, 12 pages
January 8, 2015
This report examines the short-and medium-term economic and profitability outlook for Canada’s Motor Vehicle Manufacturing Industry.
- Sales Are Up—Car sales are setting new records in Canada and continue to improve fast in the U.S.; this will help manufacturers ramp up production and sell inventories.
- Honda Invests—Honda has announced an $857‑million investment in its plants in Alliston, Ontario, and named Alliston as the lead plant for its next-generation Civic. This investment will improve efficiency and ensure the plants’ operation.
- GM to Close Oshawa Plant—GM is expected to cease production at its Consolidated Line in 2016 and no firm commitment has been made about pursuing production at the Flex Line.