What Will Canada’s Auto Industry Look Like in 2016?
Based on the automotive events of 2015, experts are already sharing their speculations for the new year. Will 2016 truly be the year of the self-driving car? Will the Liberal government commit to a National Auto Strategy?
We’ve already talked about 2015’s biggest auto stories. Now, courtesy of the Toronto Star, it’s time to talk about five major auto industry developments that are likely to make headlines in 2016.
Negotiations between the Detroit Three automakers and Unifor
In 2016, the Detroit Three automakers (General Motors, Ford Motor Company, and Fiat Chrysler) will talk contracts with Unifor, a Canadian trade union. Negotiations, which are expected to be anything but simple, will outline how the automakers’ Canadian assembly plants will continue to run. As Unifor National President Jerry Dias has implied, Canada needs to garner new investment to stay in the auto industry game.
Finalized Trans-Pacific Partnership agreements
The TPP deal was big news in 2015, but everyone is waiting for word on the finalized agreement and what it may mean for the auto industry. At this point in time, Unifor has already voiced concern that the deal could create major job losses in Canada’s auto sector. Others counter that the TPP would be advantageous to consumers.
Auto innovation, research, and development
Canada’s drivers and its auto sector are fascinated by self-driving cars and general advancements in auto technology. Voices in the industry will likely push for Canada to emerge as more of a leader in auto innovation. Ontario has already pledged to begin testing autonomous cars on its roads in the new year, but that may just be the beginning.
Push for a National Auto Strategy
A new government may mean renewed pressure for a National Auto Strategy. Authorities in the auto industry are asking the federal and provincial governments for a unified plan that will make Canada a hub for industry investment. Any such strategy will start with Ray Tanguay’s suggestions. As Canada’s new auto sector advisor, Tanguay’s insights will likely jump start the government’s plans.
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