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 Autumn 2010
Canada’s Motor Vehicle Parts Manufacturing Industry: Industrial Outlook Autumn 2010
Industry Economic Analysis
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- Demand Turnaround—U.S. demand for light vehicles is expected to reach the replacement rate in 2011 and continue to grow over the medium term.
- Effects of Toyota Recalls—Toyota’s brand cachet has suffered, and that has reduced its production outlook.
- Emerging Market Competition Grows—A high Canadian dollar makes import parts more competitive and tightens profit margins.
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