Declining sales and bankruptcies reshape the industry
Canada's automotive industry has undergone some major changes recently. The economic downturn, legacy costs and a rapid decline in sales has pushed some of North America's largest automakers and parts suppliers into bankruptcy protection. Companies in this sector need to adapt to this ever-changing environment.
How PwC can help
Our Canadian automotive practice is made up of 100 professionals who serve companies working in every facet of the sector, from steel suppliers to makers of finished cars.
As a global practice of 1,500 professionals, we audit four of the six largest vehicle manufacturers and provide business and financial services to 18 of the 20 largest suppliers to North American Original Equipment Manufacturers (OEMs).
The breadth of our experience ensures that the local professionals who serve our clients possess deep industry knowledge and access to a broader network of leading practices across the full supply chain.
We help automotive companies by offering a range of business and financial services and specific solutions to the most challenging industry issues including: