LeadStory

CBC News

Report says Canadian auto production shrunk by half in 10 years

CBC News · 2 months ago
CBC News
CBC News
2 months ago

A new report paints a dismal picture of Canada’s declining auto industry, with annual vehicle production down to nearly half what it was 10 years ago. But unlike their U.S. counterparts, Japanese automakers have maintained and even increased production in Canada.

Breakdown
  • Canadian auto production has dropped by one million vehicles in 10 years 4s
  • U.S. automakers' share fell from 56% in 2016 to 23% last year 21s
  • Japanese automakers now build 77% of cars in Canada 1m 14s
  • Researchers urge incentives for companies growing Canadian manufacturing 1m 24s
  • Ottawa plans to unveil a new automotive strategy later this month 1m 53s
Cars & MotoringEconomy