TORONTO, Feb. 17, 2012 /CNW/ - Canadian vehicle manufacturers are
welcoming the public to the 39th Annual Canadian International Auto
Show, starting today at the Metro Toronto Convention Centre. For the
next 10 days, thousands of auto enthusiasts will be treated to the
newest and best that the industry has to offer, including many models
built right here in Ontario.
"With increasing sales and production in Canada, automakers are making
strong contributions to the ongoing economic recovery," said Mark
Nantais, president of the Canadian Vehicle Manufacturers' Association.
"The auto show is an exciting celebration of this success as
Canadian-based manufacturers take centre stage with exciting new models
and advanced technologies".
In 2011, Canadian vehicle production increased to over two million
vehicles, and Canadian sales were also very strong. The Canadian auto
manufacturing industry contributes 22% of Ontario's manufacturing Gross
Domestic Product and 11% nationally. For every auto assembly job there
are seven other jobs created, and there are approximately 500,000
Canadians across the country directly or indirectly employed by the
"While the positive news has been encouraging, we must build on our
successes and improve competitiveness to ensure Canada continues to
play an important role as manufacturers bring forward the next
generation of advanced technologies and environmentally friendly
vehicles," added Nantais.
About the CVMA
The Canadian Vehicle Manufacturers' Association is the industry
association that has represented Canada's leading manufacturers of
light and heavy duty motor vehicles for more than 85 years. Its
membership includes Chrysler Canada Inc.; Ford Motor Company of Canada,
Limited; General Motors of Canada Limited; and Navistar Canada, Inc.
Collectively its members account for 70% of vehicles produced in
Canada, operate 5 vehicle assembly plants as well as engine and
components plants, and have over 1,300 dealerships. 125,000 jobs are
directly tied to vehicle assembly in Canada.
SOURCE Canadian Vehicle Manufacturers' Association (CVMA)
For further information:
Mark A Nantais
Canadian Vehicle Manufacturers' Association