Auto Sector Undergoing Fundamental Transformation as Trade Upended, KPMG Finds

Posthaste: Canadian auto sector innovates amid uncertainty

Canada’s auto sector is making drastic changes as it tries to stay afloat in the midst of trade uncertainty.

Auto sector undergoing fundamental transformation as trade upended, KPMG finds

A new survey shows Canada’s auto sector is rethinking supply chains and seeking new markets as it faces tremendous pressure from the trade war started by the United States. “We’re seeing a foundational and irreversible transformation underway in the Canadian auto sector,” said Dave Power, who leads KPMG Canada’s automotive division, in a news release. “The implications down the supply chain and across the economy will be significant.” The KPMG C…

Auto sector undergoing fundamental transformation: KPMG survey

Trade uncertainty pushes auto sector to reshape

CNW Group/KPMG LLP Canada’s automotive industry is undergoing a structural reset as prolonged trade uncertainty and U.S. tariffs force manufacturers and suppliers to rethink costs, supply chains and technology investments, according to a new report from KPMG Canada. Based on a national survey of automakers, parts suppliers and dealers, the report finds four in 10 respondents believe their businesses will emerge stronger over the next three years…

KPMG LLP Report Shows Canada's Automotive Industry Is Restructuring Due To Trade Uncertainty

TORONTO — Following a year of trade uncertainty, Canada’s automotive industry is reportedly acting – not waiting for a new Canada-U.S.-Mexico Agreement (CUSMA) – by trying to strengthen its resilience, optimize costs and scale artificial intelligence (AI) in design and production to assisted and autonomous driving, predictive maintenance and personalized in-car experiences, finds a new KPMG Canada report. “We’re seeing a foundational and irrever…