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AUTOMOTIVE
SECTOR
Paul Young CPA CGA
June 11, 2020
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
AGENDA
• United States – Automotive Sales
• Canada – Automotive Sales
• Canada – May Automotive Sales
• USA – May Automotive Sales
• Automation/Productivity
• Summary
UNITED STATES AUTOMOTIVE SALES
(TOTAL) / YEAR
CANADA AUTOMOTIVE SALES (TOTAL) /
YEAR
CANADA –
MAY 2020 –
AUTOMOTIVE
SALES
Source -
https://www.scotiabank.com/ca/en/about/economics/economics-
publications.autos.html
USA – MAY
2020 –
AUTOMOTIVE
SALES
Source -
https://www.scotiabank.com
/ca/en/about/economics/ec
onomics-
publications.autos.html
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
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
• 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/state-
of-the-world-economy-june-2020
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

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Automotive Sector Sales Report

  • 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 • United States – Automotive Sales • Canada – Automotive Sales • Canada – May Automotive Sales • USA – May Automotive Sales • Automation/Productivity • Summary
  • 4. UNITED STATES AUTOMOTIVE SALES (TOTAL) / YEAR
  • 5. CANADA AUTOMOTIVE SALES (TOTAL) / YEAR
  • 6. CANADA – MAY 2020 – AUTOMOTIVE SALES Source - https://www.scotiabank.com/ca/en/about/economics/economics- publications.autos.html
  • 7. USA – MAY 2020 – AUTOMOTIVE SALES Source - https://www.scotiabank.com /ca/en/about/economics/ec onomics- publications.autos.html
  • 8. 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
  • 9. 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 • 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/state- of-the-world-economy-june-2020
  • 10. 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

Editor's Notes

  1. Source - https://tradingeconomics.com/united-states/total-vehicle-sales
  2. Source - https://tradingeconomics.com/canada/car-registrations