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 Key Buyers Chapter
The Car and Automobile Manufacturing industry in Canada carries a high level of market share concentration, with the top four operators accounting for about 76.0% of industry revenue in 2016. The industry landscape is dominated by several automakers that compete on a global level, including the US automakers GM and Fiat Chrysler as well as Japan's Toyota and Honda. Overall, the level of industry concentration has remained relatively unchanged over the past five years, but the individual market share for each of the automakers has fluctuated.
Toyota capitalized on the opportunity to gain more market share prior to the five-year period, as US companies dealt with bankruptcies during the economic downturn... purchase to read more