News - Auto News

Canada's Auto Industry Extinct By 2040, Economist Predicts

Last updated: 2015-04-13 16:02:58

Many observers have been predicting the slow demise of Canada's auto industry, but The Economist magazine has put a more-or-less specific date on it: Somewhere between 2030 and 2040. In an article published late last week , it quotes prominent Canadian analyst Dennis Desrosiers as saying that, thanks to almost nonexistent investment in new facilities, Canada will continue to lose its auto ...

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