This report examines the short-and medium-term economic and profitability outlook for Canada’s Motor Vehicle Manufacturing Industry.
Canada’s Motor Vehicle Manufacturing Industry: Industrial Outlook Spring 2011
Canada’s Motor Vehicle Manufacturing Industry: Industrial Outlook Spring 2011
Industry Economic Analysis
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- Japanese Earthquake Causing Supply Disruption—Supply shortages have led to production cuts at some Canadian plants. Toyota and Honda hope to return to full capacity in November.
- Improving Sales—Improving labour market conditions mean that demand is soaring for vehicles south of the border despite near-record gasoline prices. Buying intentions continue to improve.
- Costs Still a Factor—Canada’s cost-competitiveness is being eroded by the strong Canadian dollar.
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