This industry profile provides a five-year forecast for Canada’s Motor Vehicle Parts Manufacturing Industry.
Canada’s Motor Vehicle Parts Manufacturing Industry: Industrial Profile Summer 2014
Canada’s Motor Vehicle Parts Manufacturing Industry: Industrial Profile Summer 2014
Industry Economic Analysis
$635.00
- Weaker Canadian Dollar— After years of being battered by a Canadian dollar near par, Canadian parts producers will gain some price relief relative to their U.S. competitors thanks to the weaker dollar.
- Aging U.S. Auto Fleet— The U.S. auto fleet has aged considerably as consumers delayed replacing their older cars in the weaker economy. Auto parts demand will increase as these vehicles are replaced.
- Fuel Costs— Global uncertainty and increasing consumption in emerging markets will keep gas prices high, hurting demand for heavier vehicles.
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