News Formal

Canada’s auto industry bucks 5-year production decline, more gains expected: DesRosiers - National | Globalnews.ca

  • 📰 GlobalNational
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Canada’s auto industry bucks 5-year production decline, more gains expected: DesRosiers

Consumer Matters: Global semiconductor chip shortage hitting auto industry harder than thought

Canadian production however has been declining for years from the 2.36 million units produced in 2016 as automakers cut back on shifts and closed plants.Story continues below advertisement The 2022 production numbers from DesRosiers show General Motors increased its production by 306 per cent in Canada from a year earlier, thanks in part to the reopening of its Oshawa assembly plant and the start of production of their BrightDrop EV delivery vans.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 81. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Canadian banks set to report Q1 earnings as slowdown expected ahead - National | Globalnews.caCIBC kicks off the earnings season Friday, while BMO and Scotiabank report Feb. 28 and RBC, TD and National Bank release results March 1.
Source: GlobalNational - 🏆 81. / 51 Read more »