#Canada
Canada's Best Selling Cars In 2013
Despite rapid SUV/crossover sales growth and the continued ascent of the pickup truck market, slowing passenger car sales were a drag on the Canadian auto industry in December 2013. Sales of utility vehicles jumped more than 20%, trucks were up 10%, and even full-size minivans were up 10%.
Mercedes-Benz Urges Canada To Adopt EU Regulations As Part Of Free Trade Agreement
Canada and the European Union’s newly inked free trade agreement will eliminate the 6.1 percent tariff on imported vehicles, but one big obstacle remains: the lack of harmonization between Canadian and European vehicle standards. According to a report by The Globe and Mail, Mercedes-Benz Canada’s President is calling for an end to the differing standards, which feature unique requirements and add costs to Canadian vehicles.
Cain's Segments: Canada Recap
November 2013 went down as the highest-volume November in the history of Canadian auto sales. It followed three consecutive years with November improvements.
November is traditionally not a high-volume month for automakers in Canada, and by the standards of the previous eight months, last month was no different from the norm. Nevertheless, compared with the previous year’s 126,000 November new vehicle sales, last month’s 134,000-unit result represented a massive change, a change which was brought on by all but a handful of automobile brands.Toyota Plants In Canada On The Path To Organizing
The UAW’s troubles with organizing Volkswagen’s Chattanooga plants are well known throughout the auto world, but Unifor, the Canada union that was once known as the Canadian Auto Workers union, now claims that it has enough union cards to hold a vote on representation.
GM Rumored To Be Shuttering Australian Manufacturing Operations In 2016
Reports out of Australia claim that GM will be ending Australian vehicle production by 2016, turning Holden into a brand that sells imported cars, rather than locally produced vehicles.
Canadian Auto Workers More Cost Effective Than U.S. Workers, Study Says
The land of Canadian Tire, Tim Hortons and Michelle Creber has yet another thing going for it: Their auto workers have a cost advantage over their two-tiered brothers and sisters down south according to a study from Toronto, Ontario-based Scotiabank.
Canada Sales Recap: October 2013
With forecasters calling for another year of improved Canadian auto sales, 2013’s early months didn’t add up. January volume fell 2.2%, February sales were down 3.3%, and March’s results were off the pace by 0.7%. But not since the first quarter ended have the players competing for sales in Canada reported anything but collective improvement.
55,000 more vehicles have been sold during the first ten months of 2013 than during the equivalent period in 2012, a 3.8% increase. 2013’s rise follows three consecutive years of improved Canadian auto sales. The current pace suggests Canadians will end 2013 having registered more than 1.7 million new vehicles for the first time since 2002.
Canada To End Duties On Imported Vehicles From The EU, Will Recognize EU Standards
As part of a new free trade agreement due to be signed with the European Union, Canada will remove its 6.1 percent tariff on imported vehicles from the European Union, while the EU will remove its 10 percent duties on autos and and its 4.5 percent duty on parts.
General Motors To Keep Oshawa Consolidated Line Open Past 2014
September 2013 Recap: Canada's Best Selling SUVs
September’s record Canadian auto sales were powered by huge gains among many of the country’s most popular nameplates. The record-setting industry performance occurred despite the declining volume reported by the manufacturer which sells the greatest number of vehicles south of the border. Numerous small-scale luxury automakers continue to post vastly improved sales compared with results from 2012.
Automobile manufacturers collectively reported a 4.1% year-over-year improvement in September sales, an increase of nearly 6000 units, an increase of more than 14,000 units compared with September 2011. 42.9% of the new vehicles registered in Canada in September were sold by the Ford Motor Company, Chrysler Group, and General Motors, down slightly from 43.2% in September 2012 as volume at the Detroit Three grew 3.5%. In September, those three manufacturers owned 45.3% of the U.S. market, where General Motors wasn’t outsold by Hyundai-Kia.
GM Canada CEO Sounds Alarm Over Cheap Loans
GM Canada’s CEO is expressing apprehension over the way cheap auto loans are fueling vehicle sales in Canada.
A Bleak Forecast For Canada's Auto Industry
The Globe and Mail‘s Greg Keenan reported some bleak news for Canada’s auto industry today, with Canada’s auto manufacturing output set to decline by as much as 25 percent by 2020.
Canada May Get New Nissan Micra
Canada’s affinity for small cars may result in it getting yet another exclusive product that won’t be offered to Americans. In addition to the Toyota Echo hatchback, Acura EL and Mercedes-Benz B-Class, the Nissan Micra may be sold in Canada.
Canada Sales: August 2013 Recap
Barring the unforeseen, 2013 will end as the fourth consecutive year of improved auto sales in Canada and one of the best years on record for total industry volume. After a first quarter in which Canadian sales slid 2%, volume has increased in each of the last five months.
Ford to Invest $700 Million to Possibly Build Fusions In Canada, While VW Puts $529 Million Into Brazil to Locally Build Audis and Golfs
Ford Oakville, Ontario, Canada Assembly Plant
The Toronto Star is reporting that Ford Motor Co. will soon announce a ~$700US million investment in it’s Oakville, Ontario plant, where it assembles the Ford Edge and Lincoln MKX midsize crossovers. According to Toronto’s Globe and Mail newspaper, $135 million of that will come from the Ontario and Canadian governments, which recently divested some of their bailout related shares in General Motors. The investment by Ford follows commitments made to the Canadian Auto Workers, now under the banner of Unifor, to add 600 jobs to the Oakville facility.
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