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In 1998, the auto industry in Canada maintained its position as
the sixth largest auto producing country with almost 2.57 million
vehicles built, and as the ninth largest market with total sales/registrations
of 1.42 million units.
Production: Passenger car output
in Canada in 1998 rose 7.9% to 1.48 million units, but this was
offset by a 9.2% drop in production of trucks to 1.09 million units,
including medium and heavy-duty trucks, over the previous year.
Labour disputes in the US in 1998 disrupted several plants in Canada,
thereby reducing output. Overall however, production was almost
unchanged from 1997, down less than 0.1%.
Shipments: Shipments of all automotive
products totalled C$89.9 billion in 1998, up 6.2% from C$84.7 billion
the year before, establishing a new record for the industry. According
to Statistics Canada, motor vehicle manufacturers’ shipments
reached a total of C$59.6 billion, a gain of 5.4% from C$56.6 billion
in 1997; and auto parts and accessories manufacturers’ shipments
grew 7.1% to C$27.7 billion from the previous year.
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Employment: Annual average employment in all segments of
the auto industry in Canada during 1998 rose 3.3% to 536,502 from
519,577 in 1997 according to Statistics Canada survey data. Motor
vehicle assembly employment increased by 4.5% to 53,638, while auto
parts and accessories manufacturers jumped 8.3% to 99,854 during
the year. Reflecting the robust market in 1998, employment at dealers
and distributors climbed 3.9% to 142,980 on average.
Sales: Motor vehicle sales in Canada
reached a plateau in 1998, remaining only slightly ahead of 1997.
Total sales of light, medium and heavy duty vehicles edged upward
0.6% to 1,427,983 units from 1,419,154 in the previous year.
Light vehicle sales rose marginally 0.1% to 1,389,099 from 1,387,922
in 1997. Passenger car sales squeezed ahead 0.3% to 740,815 units,
while light trucks dipped slightly, down 0.2% to 648,284 units in1998.
Car sales represented 53.3% of the light duty market, while trucks
took 46.7% – only a minor change from 1997.
Trade: According to trade
data from Statistics Canada, in 1998 Canada’s external trade
in automotive products with all countries, both exports and imports,
totalled C$144.3 billion, up 11.3% from C$129.7 billion in 1997.
Total automotive exports to all countries surged 12.2% to C$77.6
billion from C$69.2 billion in the previous year. Exports of finished
vehicles rose 12.1% to C$57.7 billion, while auto parts exports
gained 12.5% to almost C$20.0 billion.
Automotive imports were also higher in 1998, up 10.3% overall from
C$60.4 billion in 1997 to C$66.6 billion in 1998. Assembled vehicles
accounted for C$27.3 billion, up 4.1% in terms of value; while auto
parts imports were ahead 15.0% from the previous year at C$39.4
billion.
In terms of trade balances, Canada’s automotive trade surplus
bounced back in 1998 to C$11.0 billion overall, an increase of 25.5%
from C$8.7 billion in 1997. The surplus in assembled vehicles jumped
20.5% to C$30.4 billion, overcoming the increase in the deficit
of auto parts which grew 17.8% from C$16.4 billion in 1997 to C$19.4
billion in 1998.
An overwhelming majority of Canada’s automotive exports, about
97.8% by value in 1998, go to the United States where the market
continued to be strong. Exports to the US rose 13.6% overall, with
assembled vehicles up 12.5% and auto parts exports ahead strongly
16.7% over 1997. Exports to Japan dropped 23.8% in value to C$105
million in 1998. Both finished vehicles and auto parts shipments
declined largely due to the economic recession and sluggish auto
markets in Japan during the year.
Automotive imports into Canada were also dominated by the US in
1998. US imports expanded 11.0% to C$55.8 billion, representing
83.7% of all auto related imports. Parts imports from the US accelerated
ahead 15.7% to C$34.7 billion, while finished vehicles gained 3.9%
for a total value of C$21.1 billion. Imports of automotive products
from Japan were up 4.9% in value to C$4.3 billion from C$4.1 billion
in 1997. Imports of finished vehicles were up 6.9% to C$2.9 billion,
while auto parts almost unchanged, up 0.9% to C$1.4 billion compared
to the previous year.
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