Automotive Industry in Canada

The document gives you detail description about the automobile industry in Canada.
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   The Automotive Industry in Canada 1  The Automotive Industry in Canada. Opportunities for Swiss Companies.March 2012   The Automotive Industry in Canada 2 Content Leader: Georey S. L. Green, P.Eng. President, Pegasus Global Initiatives geo.green@peglin.comSwiss Business Hub Canada uses primary, secondary sources and tertiary sources of information to produce a variety of reports on the Canadian market for small to medium sized Swiss enterprises. For further information on our services, please contact: Elias Bardouniotis,  MSc, MBA Director Switzerland Trade and Investment Promotion Swiss Business Hub Canada 154 University Avenue, Suite 601 Toronto, ON M5H 3Y9, Canada Tel. : +1 416 593 5288Fax : +1 416 593 5083 elias.bardouniotis@eda.admin.chWhile this report is intended to provide an overview of this specic market and its opportunities at the time of its edition, each individual manufacturer, exporter or company may have to conduct their own analysis to get a better understanding of the possibilities and opportunities available to them. You are encouraged to explore and develop your opportunities based on research and in-depth analysis. Readers should take note that the Government of Switzerland does not guarantee the accuracy of any of the information contained in this report, nor does it necessarily endorse the organizations, associations, companies and individuals listed herein. Readers of this report should verify the accuracy and reliability of the information contained herein before making a business decision.© Swiss Business Hub Canada 2012   The Automotive Industry in Canada 3  The Automotive Industry in Canada. This article has been written to familiarize Swiss companies with the Canadian Automotive industry and to examine opportunities for trade and investment with Canada. Canada is a giant in the production of automobiles and automobile components for North  America and is the largest producer of vehicles in North America. Total revenues in 2007 were $96.7 billion, while export revenues were $70.5 billion. Total employment is in excess of 90,000 and 84 percent of the vehicles built in Canada are exported. Capital investment has averaged $3.5 Billion over the past ten years. Table A compares production of vehicles in key States and Provinces. Table A. North American Vehicle manufacturing by locations Province/StateProductionPercentage of Total Production Ontario, Canada 2.5 Million22% Michigan, United States 2.25 Million19.8% Ohio, United States 1.6 Million14.1%Kentucky, United States 1 Million 9%Total Production (North America)11.36 Million100%Canada is the third largest exporter of automotive products after Japan and the United States. The total industry employs about 170,000 in over 1000 companies in manufacturing and an additional 300,000 in distribution. There are a number of reasons for Canada’s success: ã A 6.4% cost advantage over the United States.ã The calculation of the estimated annual labour costs for a typical automotive. component manufacturing operation shows that Canadian locations oer competitive cost levels compared to many U.S. counterparts.ã An important contributor to Canada’s competitive labour is the lower costs of providing employee benets. Under Canada’s national healthcare system, most medical insurance costs are publicly funded, rather than paid by the employer.ã Better productivity than plants in the United States and Mexico.ã The second lowest corporate tax rate among the world’s top ten automotive countries.ã High Research and Development spending. This is supported by tax credits.ã Capital investment of $3.5 billion per year.ã Availability of qualied engineers and skilled workers.   The Automotive Industry in Canada 4 ã The highest quality of life among the top ten automotive countries.ã Integrated into NAFTA (i.e. Canada, U.S., Mexico).ã Globally competitive.ã The eighth largest automotive sector in the world.One of the dominant factors contributing to the ongoing success of the industry in Canada is research and development. The main areas of research include:ã Metal processingã Advanced materials ã  Advanced design ã Visualization and manufacturing ã Information and communications technologyThe research and development activities are conducted across Canada, although there is a concentration in Ontario. Annual investment in research and development exceeds $0.5 Billion per year.The activities are conducted on a broad front and include: University based research ã McMaster Universityã University of Waterlooã University of Toronto Industrial Research ã The major suppliers are working to develop next generation products.ã The major automotive assemblers are working in partnership with suppliers and universities to meet their future needs.ã Focused research facilities.ã AUTO21 supports more than 300 researchers across Canada. ã National Research Council (NRC). Canadian Areas of Expertise. The Canadian industry excels in a number of areas as detailed below: Metal Processing: ã Advanced casting of light metalsã Cutting and machiningã Sheet and tube formingã Welding and joiningã Powder metallurgy
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