WardsAuto Daily Edition
 
WardsAuto Daily

JANUARY 23, 2023

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Canadian Auto Industry Hopes to Sidestep 2023 Recession

Brian Kingston, president of the Canadian Vehicle Manufacturers’ Assn., agrees Canada’s 2023 auto market performance will be impacted by better supply but a slowing economy.

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Autoline Daily 2023: Top Industry News for Jan. 23

Tesla’s Eye Popping Profit Margins; Gasoline Demand Peaked, Now Falling; Pickup Owners Shift to SUVs

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Russia Updates Auto Industry Development Strategy

Unlike previous schemes, which paid particular attention to support for existing assembly plants, the new strategy focuses on the production of materials and components, which are described as “foundations” of the industry. 

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Identifying and Qualifying Suppliers in Mexico: What Has Changed

Sponsored Content
"Identifying and Qualifying Suppliers in Mexico: What Has Changed" Interview by GlobalAutoIndustry.com's Ron Hesse features Mark Plum, Director, and Bernd Schmitt, Sr. Consultant and Automotive Specialist with East West Associates, and they discuss the significant changes which have taken place in the past 5 years.

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Weekly Brief: Tesla Troubles Off-Set By Profit Margins

From TU Automotive
For a man who subscribes to the Trumpian notion that any attention is good attention, few will see a positive spin on last week for Elon Musk.

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North America Production Up 9.8% in 2022; Expectations Lowered for Q1-2023

For Wards Intelligence Subscribers
With the level of demand uncertain for 2023, unused capacity will remain a factor which could lead some automakers to start trimming available production through slower line rates, shift cuts or plant closures for indefinite periods.

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