Here is a look at the automotive sector

1. AUTOMOTIVE
SECTOR
Paul Young CPA CGA
October 3, 2020

2. PAUL YOUNG - BIO
• CPA, CGA
• Academia (PF1, FA4 and MS2)
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Emerging Technology
• SME – Financial Solutions
• SME – Business Process Change
• SME – Supply Chain Management
Contact information:
Paul_Young_CGA@Hotmail.com

3. AGENDA
• Canada – Automotive Sales
• USA – Automotive Sales
• Automation/Productivity
• Ford
• Electrical Vehicles
• Global Sales
• Auto Parts
• Summary

4. CANADA
AUTOMOTIVE
SALES
(TOTAL) /
YEAR
Source – Scotiabank, Baker Hughes,
https://canadianautodealer.ca/2020/09/canadian-auto-sales-stabilize-
in-august-down-less-than-10/ or
https://www.wellandtribune.ca/ts/business/2020/10/01/auto-sales-
bounce-24-per-cent-in-september-in-best-showing-since-
outbreak.html?li_source=LI&li_medium=wellandtribune_business and
Desrosiers Automotive

5. USA –
SEPTEMBER
2020 –
AUTOMOTIVE
SALES
Source -
https://www.scotiabank.com/ca/en/about/economic
s/economics-publications/post.other-
publications.autos.auto-news-flash.september-1--
2020.html or
https://www.scotiabank.com/ca/en/about/economic
s/economics-publications/post.other-
publications.autos.auto-news-flash.october-1--
2020.html

6. ELECTRICAL VEHICLE SALES
• Electrical vehicle sales continue to struggle in both Canada and USA as sales are not above 1.6% of
total automotive sales – https://www.slideshare.net/paulyoungcga/ev-electrical-vehicles-all-you-
need-to-know-238428364 or https://www.slideshare.net/paulyoungcga/raw-materials-clean-
technology-products
• Sales continue to rise, but they still trail gas engines - https://www.edie.net/news/8/IEA--Electric-
vehicle-sales-will-continue-to-rise-despite-Covid-19-crisis/
• Plug-in stations continue to expand - https://energynow.ca/2020/06/electric-car-charging-stations-
are-finally-about-to-take-off/. The problem is plug-in stations require a power source -
https://www.slideshare.net/paulyoungcga/canada-electricity-production-carbon-footprint-analysis
• Paying to plug into the grid - https://theconversation.com/owners-of-electric-vehicles-to-be-paid-
to-plug-into-the-grid-to-help-avoid-blackouts-132519
• EV sales continue to struggle - https://www.mckinsey.com/industries/automotive-and-
assembly/our-insights/mckinsey-electric-vehicle-index-europe-cushions-a-global-plunge-in-ev-
sales
• EU / Electrical car sales - https://www.canadianmanufacturing.com/sales-and-marketing/eu-share-
of-electric-cars-grew-during-virus-lockdown-months-259933/

7. FORD
MOTOR
COMPANY
• Ford continues to restructure its operations -
https://www.industryweek.com/leadership/articl
e/22027835/ford-will-close-six-european-
plants-as-part-of-global-downsizing or
https://www.industryweek.com/talent/article/22
027622/ford-slashing-7000-jobs-as-sweeping-
disruption-hits-automakers

8. GLOBAL
AUTOMOTIVE
Source - Scotiabank

9. AUTOMATION / PRODUCTIVITY
• Laser Welding - https://www.globenewswire.com/news-
release/2019/11/13/1946423/0/en/Welding-Market-to-Reach-USD-48-16-billion-by-2026-
Emergence-of-Automation-in-Welding-to-Escalate-Sales-Opportunities-Fortune-Business-
Insights.html
• Robotics/Automotive - https://roboticsandautomationnews.com/2020/04/20/automotive-robotics-
market-forecast-to-reach-6-billion-by-2024/31826/
• 3D printing Car - https://shop.advanceautoparts.com/r/advice/car-technology/how-the-
automotive-industry-is-using-3d-printing
• Emissions - https://www.epa.gov/automotive-trends/highlights-automotive-trends-report
• Fuel Standards - https://www.nber.org/papers/w23340 or https://www.canada.ca/en/environment-
climate-change/news/2019/06/canadas-clean-fuel-standard-reducing-pollution-fighting-climate-
change-and-driving-clean-growth.html

10. TECHNOLOGY
• RPA / Logistics - https://www.mhlnews.com/technology-automation/article/22055044/how-robotics-
technology-is-modernizing-thirdparty-logistics
• Analytics / Automotive - https://www.mygreatlearning.com/blog/analytics-is-driving-the-automotive-
industry-from-good-to-great/
• IBM and Automotive - https://www.ibmbigdatahub.com/industry/automotive
• AI and Automotive - http://www.canadianautoworld.ca/industry-news/how-artificial-intelligence-is-
transforming-the-auto-manufacturing-sector

11. AUTO PARTS
• Automotive Parts - https://linchpinseo.com/trends-in-the-automotive-aftermarket-parts-industry/
• Canada wholesale trade - https://www.cbc.ca/news/business/wholesale-sales-covid-19-1.5653476
• Re-starting Automotive - https://www.prnewswire.com/news-releases/deloitte-restarting-the-stalled-
automotive-sector-301092622.html
• Warehousing and distribution - https://www.autoserviceworld.com/transportation-and-warehousing-sector-
down-23-1-in-april-statscan/
• eCommerce / Parts Management - https://www.businesswire.com/news/home/20200727005165/en/U.S.-
Auto-Parts-Network-CarParts.com
• New USMCA deal - https://www.industryweek.com/the-economy/article/22026500/how-will-the-shift-from-
nafta-to-usmca-affect-the-auto-industry
• Unifor / Automotive - https://canada.autonews.com/labour/unifor-select-detroit-3-bargaining-target-sept-8

12. SUMMARY
• Consumer spending drives the economy. There are issues with household debt -
https://www.slideshare.net/paulyoungcga/debt-and-insolvency-global-crisis
• More and more focus on electrical vehicles -
https://www.slideshare.net/paulyoungcga/ev-electrical-vehicles-all-you-need-to-know
or https://www.fool.com/investing/2020/09/28/ford-reveals-plans-to-build-electric-
vehicles-in-c/
• Canada needs to refocus policies to ensure it is competitive for manufacturing -
https://www.slideshare.net/paulyoungcga/how-best-to-reshore-supply-chains
• Post-COVID/Global Economy - https://www.slideshare.net/paulyoungcga/what-is-next-
for-the-global-economy-september-2020

13. TRAINING AND DEVELOPMENT
• If you like to learn more
about trade and/or other
subjects as part of your
professional learning and
development then feel
free to review my material
on
https://www.udemy.com/
(search Paul Young CPA
CGA)
• These subjects address
how to fixed issues with
housing and/or systemic
issues related to economy
including government
policies