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Topic: supply

4 Supply concerns plaguing the auto industry in Canada — and how to keep them from impacting the shopping experience

Posted by Meg Bernazzani on April 20, 2021

The COVID-19 pandemic remains top of mind for most Canadians as a third wave of infections surges across the country. However, sales figures indicate that the auto industry is weathering the latest pandemic challenges reasonably well: despite continuing lockdowns and distancing measures, sales were up just over 15 percent year-over-year in the first quarter of 2021, and dealerships across the country remain open as essential businesses.

However, there are several other issues that threaten the stability of the new vehicle market in Canada in the coming months, both imports and those assembled domestically. Since it pays to be prepared, here’s a look at the supply concerns for the Canadian auto industry that are currently making the news.

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Topics: chip shortage, industry insights, supply