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 2014
Canada’s Motor Vehicle Manufacturing Industry: Industrial Outlook Spring 2014
Industry Economic Analysis
$875.00
- Strong U.S. and Canadian Vehicle Sales—U.S. vehicle sales are recovering rapidly to pre-recession levels, while Canadian sales are maintaining their record-breaking levels.
- Lower Loonie—The drop in the Canadian dollar is easing competitive pressures by stemming labour costs and adding to manufacturers’ bottom lines.
- Recalls Plague Industry—Large recalls may become more common as automakers increasingly use common parts across multiple platforms.
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