cover image: Canadian auto manufacturing : Construction automobile redémarre au Canada, mais manquera-t-elle bientôt de carburant?

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Canadian auto manufacturing : Construction automobile redémarre au Canada, mais manquera-t-elle bientôt de carburant?

25 Apr 2013

Much of the new investment is going to Mexico, and to a lesser extent, the United States, suggesting that Canada’s share of North American production is set to shrink. [...] A sharp rebound in U. S. auto sales – in addition to growth in the Canadian and Mexican markets – led to an 18% increase in North American auto production last year, with double digit gains seen in all three countries. [...] In fact, while the Detroit-3 automakers lost market share of sales last year, the production-to-sales ratio across the continent was 90%, up from the 80% that was typically seen in the years NORTH AMERICAN SHARE OF PRODUCTION 2012 leading up to the recession, and the highest level seen since 1997. [...] With the outlook for U. S. Nissan auto sales over the next few years rather bright – reaching the 16 9% Detroit-3 million unit mark by the end of next year – auto manufacturing GM 54% in North America is likely to continue to grow as well, albeit, Honda 21% 11% like sales, at a slower pace than was seen in 2012. [...] Meanwhile, U. S. imports from Canada were 16% in the parts sector has been slower to come back, gaining below the peak reached in 2007, and its share of total imports only 10% since bottoming, compared to 15% in the as- was at a record low of 13%.
economics mexico economy recession canada automobiles exports imports investments labour prices transport economic sector automotive industry competition (companies) economy, business and finance car ford motor company automobile industry and trade automakers chrysler canadian auto workers oshawa caw

Authors

Ignjatovic, Dina

Pages
4
Published in
Canada

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