The Canadian automotive industry faced significant challenges in 2021 due to the ongoing pandemic, but has shown signs of recovery as the year progressed, with production and sales both showing improvement. Additionally, the industry continues to innovate and invest in new technologies, positioning it well for the future.
Tag Archives: Analysis
Automotive Industry Analysis 2020
The Canadian automotive industry faced significant challenges in 2020 due to the ongoing COVID-19 pandemic. The industry saw a decline in production and sales, as well as a shift in consumer demand towards electric and hybrid vehicles. Despite these challenges, the industry has continued to innovate and make progress in the development of electric vehiclesContinue reading “Automotive Industry Analysis 2020”