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: Spring 2008
Canada’s Motor Vehicle Manufacturing Industry: Spring 2008
Industry Economic Analysis
$1,150.00
Foreign Competition—Strong international competition and cost-cutting wage agreements in the U.S. could erode Canada’s comparative advantage in vehicle assembly.
New Products—Streamlined product lineups, combined with the upcoming release of the Toyota RAV4 in the fourth quarter of 2008 and the redesigned Chevrolet Camaro beginning in 2009, will enable vehicle manufacturers to reinvigorate production as the U.S. economy recovers.
Canadian Dollar—The strong Canadian dollar is dampening prices and exports to the United States, where consumer expenditures are already deteriorating.
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