Categories: Canada

2021 Canadian auto production lowest since 1967, DesRosiers Automotive says

TORONTO — DesRosiers Automotive Consultants says Canada produced barely greater than 1.1 million mild autos final 12 months. Marking the bottom stage of manufacturing since 1967.

The low manufacturing numbers, down from 1.4 million in 2020 and properly under two million in 2019, got here because the auto sector globally was hit by a scarcity of semiconductor chips brought on by pandemic-related manufacturing points and a surge in demand for electronics.

Canadian manufacturing was hit particularly laborious as automakers prioritized chips for his or her extra worthwhile fashions like pickups and SUVs, pushing down Canada’s share of manufacturing to underneath 9 per cent.

Canada’s share of North American manufacturing has been on the decline for years, from 17 per cent in 2009 to 14.1 per cent in 2014 to round 10 per cent earlier than the pandemic.

DesRosiers mentioned Toyota led manufacturing among the many 5 large automakers in Canada with about 427,000 items, whereas on the different finish of the spectrum GM produced about 36,500.

GM, nevertheless, did restart manufacturing in November on the Oshawa meeting plant it had closed in 2019, and simply this week introduced it had added a second shift to the plant that now produces the Chevy Silverado. The corporate additionally plans to retool its Ingersoll, Ont., operation this 12 months to supply electrical supply autos.

Andrew King, managing accomplice at DesRosiers, mentioned Canada’s auto trade goes by way of each short-term transitory difficulties and long-term structural change as vegetation announce revised mandates and firms begin to embrace the wave of electrification.

“Whereas it appears unlikely that Canada will, within the close to time period at the very least, totally recuperate misplaced manufacturing floor, there does exists a transparent alternative to revitalize and adapt this critically essential sector.”

админ

Share
Published by
админ
Tags: Toyota

Recent Posts

Driven: The 2022 Mercedes-Benz C 300 4Matic Offers S-Class Charisma For A Fraction Of The Price

The all-new 2022 Mercedes-Benz C 300 is a departure from any earlier C-Class. No extra…

3 hours ago

Tesla to host town hall event near German plant on Sunday

FRANKFURT -- Tesla will launch an open-door occasion on Sunday for its employees to tell…

3 hours ago

2022 Detroit auto show: Fewer reveals, more experiences

DETROIT — The 2022 Detroit auto present, which returns this week after a 44-month hiatus,…

3 hours ago

Hamilton had Abu Dhabi flashback at Monza

1:58 PM ETThe Security Automobile interval on the finish of the Italian Grand Prix introduced…

3 hours ago

2023 Alfa Romeo Stelvio

What sort of car is the 2023 Alfa Romeo Stelvio? What does it examine to?A…

3 hours ago

Magna Steyr eyes U.S. for ‘climate-friendly’ plant

Magna Steyr, the Austria-based contract producer owned by Canada's Magna Worldwide Inc., is contemplating opening…

3 hours ago