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Car & Automobile Manufacturing in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Car & Automobile Manufacturing in Canada Market Research Report | NAICS 33611aCA | Feb 2014

Full speed ahead: Automakers will benefit from steady new car sales, despite rising oil prices

IBISWorld’s Car & Automobile Manufacturing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$24bn
Annual Growth 09-14
4.6%
Annual Growth 14-19
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Profit
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Employment
29,805
Businesses
92
Industry Analysis & Industry Trends

The industry has been on a bumpy road over the past five years. The recession in the United States, the industry's primary export destination, crippled consumer demand for new vehicles and Canadian production was hampered. Over the next five years, automakers will continue to benefit from steady new car sales; however, rising oil prices may ultimately subdue the true growth potential of the industry as more expensive gas prices generally discourage purchasing new cars. Demand for hybrids and electric vehicles is also likely to rise, leading to greater profitability in the industry... purchase to read more

Industry Report - Industry Investment Chapter

The level of capital intensity in the Car and Automobile Manufacturing industry in Canada is medium. For every dollar spent on labour, the average industry firm will invest nearly $0.24 in capital equipment. In general, firms in this industry must spend large sums on their plants and equipment, with periodic reinvestment in the case of equipment failure. Vehicle assembly plants are highly automated production lines fitted with high-tech machinery and equipment. Nonetheless, this ratio is slightly skewed toward labour because of the generosity of union compensation agreements. For example, the average wage of employees in this industry including pensions for currently employed workers is $93,884. In 2012, the Canadian Auto Workers union agreed to new contracts with GM, Ford and Chrysler... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Car & Automobile Manufacturing Industry?

Companies in this industry manufacture cars and automobile chassis. These companies, referred to as automakers, typically produce cars, including electric cars, in assembly plants. The manufacture of light trucks (e.g. vans, pickups and SUVs), heavy trucks and motorcycles is excluded from this industry.

Industry Products
Compact and subcompact carsMid-size and full-size sedansSports carsLuxury cars
 
Industry Activities
Automobile assemblyAutomobile chassis


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