This industry profile provides a five-year forecast for Canada’s Motor Vehicle Parts Manufacturing Industry.
Canada’s Motor Vehicle Parts Manufacturing Industry: Industrial Profile Summer 2011
Canada’s Motor Vehicle Parts Manufacturing Industry: Industrial Profile Summer 2011
Industry Economic Analysis
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- Japanese Earthquake-Related Supply Disruptions—Supply shortages have led to production cuts at some Canadian plants. Toyota and Honda hope to return to full capacity in November.
- Dollar Still a Cost Factor—Canada’s cost-competitiveness is being eroded by the strong Canadian dollar.
- Improving Sales—Thanks to improving labour market conditions, demand for vehicles south of the border is soaring despite near-record gasoline prices. Buying intentions continue to improve.
