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 2011
Canada’s Motor Vehicle Parts Manufacturing Industry: Industrial Outlook Spring 2011
Industry Sector Economics
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- Parts Production—Shortages of parts due to the earthquake in Japan have led to cuts in vehicle production, especially by Japanese manufacturers with plants in North America. Parts production should follow suit.
- Improving Sales—Demand for autos is soaring south of the border, despite record gasoline prices, and the market continues to have substantial room to grow.
- International Competition Increases—Canada’s cost-competitiveness is eroding because of the strong Canadian dollar.
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