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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 | Apr 2016

Reverse gears: Industry revenue will suffer as production shifts abroad

IBISWorld’s Car & Automobile Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Industry Statistics & Market Size
Revenue
$21bn
Annual Growth 11-16
-1.0%
Annual Growth 16-21
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Profit
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Employment
14,359
Businesses
27
Industry Analysis & Industry Trends

Over the five years to 2016, the Car and Automobile Manufacturing industry has struggled to recover from recessionary lows. Dissuaded by high labour costs in Canada, many international automakers have refocused investment toward Mexico and the United States. As a result, output has fallen from Canada's biggest car producers. Over the next five years, the industry is expected to remain relatively unchanged. Disposable income levels are anticipated to rise, while demand from new car dealerships will climb at a moderate rate. These factors will stabilize revenue growth to a degree. However, economic conditions in Canada will prove undesirable to major international automakers, encouraging a continued capacity shift to Mexico and the United States... purchase to read more

Industry Report - Industry Products Chapter

To address consumers' changing preferences, automakers have been overhauling their product portfolios. Fuel efficiency has become a top design concern for manufacturers, with more car models featuring hybrid-electric drivetrains, smaller forced-induction engines and more advanced transmissions delivering fuel economy gains.

Midsize and full-size sedans

Midsize and full-size cars are the mainstay of this industry. Over the past 20 years, midsize and compact car sales have gained market share over full-size cars as consumer preferences changed. Skyrocketing gas prices in the early part of the five-year period made consumers trend toward mid-size, more fuel-efficient cars... 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) and heavy truck is excluded from this industry. In addition, crossover vehicles (CUVs) are excluded from this industry, despite being built on car chassis.

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


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