This report examines the short-and medium-term economic and profitability outlook for Canada’s Motor Vehicle Parts Manufacturing Industry.
Canada’s Motor Vehicle Parts Manufacturing Industry: Industrial Outlook Spring 2010
Canada’s Motor Vehicle Parts Manufacturing Industry: Industrial Outlook Spring 2010
Industry Economic Analysis
$1,275.00
- U.S. Recovery—Motor vehicle sales are rebounding in the United States, but they will remain below replacement levels until 2011 as consumers retrench from the global financial crisis. Sales of parts will move in step with vehicle demand.
- Assembler Solvency—General Motors has already repaid its Canadian and U.S. government loans, while Chrysler has begun repaying its loans.
- Quality Concerns—The spate of Toyota product recalls could adversely impact the company’s brand cachet, hurting sales of Canadian-assembled Toyotas and their related parts manufactured in Woodstock and Cambridge.
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