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 2016
Canada’s Motor Vehicle Parts Manufacturing Industry: Industrial Outlook Autumn 2016
Industry Economic Analysis
$925.00
Production Volumes—Stability in motor vehicle assembly volumes following successful negotiations between the Detroit Three and the Canadian automotive union Unifor will ensure strong demand for Canadian-made motor vehicle parts.
U.S. Vehicle Sales—Fuelled by pent-up demand going back to the last recession, vehicle sales in the U.S. will remain at around 17 million units a year through 2021.
Investment—Canadian automakers have committed nearly $750 million toward updating production facilities for auto parts manufacturers, with an emphasis on high-margin engines and connected systems.
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