The Canadian Industrial Outlook Service includes detailed five-year forecasts in 16 key Canadian industries. The report examines the short-and medium-term economic and profitability outlooks for these industries.
Canada’s Motor Vehicle Manufacturing Industry: Autumn 2007
Canada’s Motor Vehicle Manufacturing Industry: Autumn 2007
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Domestic Market—Strong personal disposable income growth and healthy corporate profi ts have bolstered domestic spending on motor vehicles, particularly in Western Canada.
U.S. Market—Weakening spending on consumer durables coupled with increasing volatility in credit markets has reduced demand for motor vehicles south of the border.
Canadian Dollar—The ongoing strength of the Canadian dollar will dampen prices and exports to the United States in the second half of 2007.
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