Chrysler may overtake GM Canada in production

Posted on Tuesday, September 30th, 2008 at 10:16 AM EDT.

General Motors of Canada Ltd. has lost its title as the country’s biggest company by revenue. Soon it may not even be the nation’s biggest vehicle manufacturer.

Production data out this week show GM is on the verge of being toppled by Chrysler Canada as the largest producer of cars and trucks by volume for the first time in more than a decade.

GM built 321,485 vehicles this year through August, barely 1,078 more than Chrysler Canada, according to research by DesRosiers Automotive Consultants Inc. Chrysler was in fact leading GM at the end of July. By the end of the year, it may pass its rival again as GM idles its pickup truck plant in Oshawa, Ont., for six weeks to cull excess inventory.

GM’s Canadian output this year has plunged by 41.6 percent as it cut pickup truck production in response to lower demand in the United States, merged car production from two plants to one, and suffered the effects of a lengthy strike at supplier American Axle. (The National Post)

This entry was posted on Tuesday, September 30th, 2008 at 10:16 AM EDT and is filed under International. You can follow any comments to this entry through the RSS 2.0 feed. Comments are currently closed.