Car industry competitive analysisThe automotive industry getting very competitive, compels producers to provide a wide range of car alternatives to cater to finish-users’ demands. Canada’s automotive business is element of an integrated North American market with much more than 480 million consumers. Over 90% of vehicles manufactured in Canada are exported, as nicely as practically 60% of automotive components made right here. Canada-based organizations have exceptional market place reach. Canada has 13 in-force international free of charge trade agreements that give it preferential market place access to far more than 40 countries with economies that make up far more than half of global GDP. This contains crucial automotive manufacturing and consumer markets such as the EU, with which it signed the Canada-European Union Complete Financial and Trade Agreement (CETA) in 2017. Understand a lot more about Canada’s existing free trade agreements and negotiations underway to further expand preferential market access …
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