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 Autumn 2013
Canada’s Motor Vehicle Manufacturing Industry: Industrial Outlook Autumn 2013
Industry Economic Analysis
$875.00
- Shift of North American Production to Mexico—Mexico is increasingly receiving a greater share of investments than does Canada. Mexico’s competitive labour costs and proximity to booming Latin American markets are driving the trend.
- Investment in Canadian Plants—While production dropped in 2013 despite rising demand, future investment and re-tooling prospects are likely to stabilize the industry’s losses.
- Surging U.S. and Canadian Vehicle Sales—U.S. vehicle sales are recovering rapidly to pre-recession levels while Canadian sales are on track to break a record in 2013.
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