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 2013
Canada’s Motor Vehicle Manufacturing Industry: Industrial Outlook Spring 2013
Industry Economic Analysis
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- Geographic Shift in North American Auto Investment—North American auto investment is shifting to the U.S. South and to Mexico. This will challenge the long-term growth prospects for the industry.
- U.S. Vehicle Sales—U.S. vehicle sales have yet to fully recover from the effects of the recession. Further gains in sales will drive increased parts production in the near term.
- Canadian Vehicle Sales—Canadian vehicle sales are near record highs. However, with pent up demand spent, further growth in sales will be limited.
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