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 2013
Canada’s Motor Vehicle Parts Manufacturing Industry: Industrial Outlook Spring 2013
Industry Economic Analysis
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- Geographic Shift in North American Auto Production—The ongoing shift in new North American vehicle assembly to the southern U.S. states and Mexico means that parts production is shifting as well.
- 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.
- Fuel Economy Standards—North American fuel economy standards continue to rise, generating significant opportunities for innovative parts manufacturers in areas such as light-weight materials and components, engine components, and battery technology.
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