Canada
Canadian auto sales posted only a weak rebound in June with the reopening of provincial economies as low inventory curbed purchases. DesRosiers Automotive Consultants Inc. estimates 163 k vehicles were sold—a 4% improvement relative to last year but still 12% down relative to June 2019
USA
US auto sales felt the pinch of the semiconductor chip shortage with a sharp retrenchment of 10% m/m (sa) in June. Year-over-year sales were up by 18%, but, more informatively, the selling rate stood at just 15.4 mn saar units.
https://www.scotiabank.com/ca/en/about/economics/economics-publications/post.other-publications.autos.auto-news-flash.july-6--2021.html
1. Retooling - https://driving.ca/auto-news/industry/gm-gets-closer-to-building-its-first-electric-delivery-van-in-canada
2. Retooling - https://canada.autonews.com/electric-vehicles/gm-canada-stop-equinox-output-april-switch-ev-production-sooner-planned
3. Reliability - https://www.whatcar.com/news/most-and-least-reliable-electric-and-hybrid-cars/n17069
4. End of the combustion engine - https://driving.ca/column/motor-mouth/motor-mouth-canada-moves-to-ban-internal-combustion-engines-by-2035
5. Lithium - https://www.metalbulletin.com/Article/3996396/Lithium-must-stay-above-10-per-kg-to-drive-capacity-buildup-executive-says.html
6. Lithium - https://www.metalbulletin.com/Article/3996825/Blackstone-unit-to-boost-lithium-ion-battery-capacity-tenfold.html
7. Shortages - https://www.reuters.com/business/energy/shortages-flagged-ev-materials-lithium-cobalt-2021-07-01/
8. Plug-in stations - https://auto.economictimes.indiatimes.com/news/industry/plug-it-in-electric-car-charging-station-numbers-are-rising/77295968
9. Rural areas - https://www.newswire.ca/news-releases/rural-ontario-must-get-ready-for-the-electric-vehicle-future-830385271.html
10. Plug-in stations - https://blog.evbox.com/make-money-ev-charging-stations
11. Plug-in stations - https://roboticsandautomationnews.com/2019/05/01/top-20-electric-vehicle-charging-station-companies/22138/
12. Grid - https://www.newsweek.com/california-facing-power-crisis-frets-over-electric-car-charging-routines-1602755
13. Oil vs Clean - https://www.bloomberg.com/news/features/2021-06-10/norway-s-climate-contradiction-fuels-debate-over-oil
14. Environment - https://www.rnz.co.nz/news/national/444465/how-realistic-is-electric-car-route-to-carbon-neutral-future
15. Environment - https://usa.streetsblog.org/2021/06/18/electric-vehicles-wont-save-us/
2. PAUL YOUNG - BIO
• CPA, CGA
• Academia (PF1, FA4, FN2, MU1. and MS2)
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Emerging Technology
• SME – Business Process Change
• SME – Financial Solutions
• SME – Macro/Micro Indicators
• SME – Supply Chain Management
• SME – Data, AI, Security, and Platform
• SME – Internal Controls and Auditing
Contact information: Paul_Young_CGA@hotmail.com
LinkedIn: https://www.linkedin.com/in/paul-young-055632b/
SlideShare - https://www.slideshare.net/paulyoungcga
3. AGENDA
• Canada – Automotive Sales
• USA – Automotive Sales
• Automation/Productivity
• Ford
• Electrical Vehicles
• Global Sales
• Auto Parts
• Summary
7. 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/
• Blog and Analysis - https://www.slideshare.net/paulyoungcga/ev-electrical-and-hybrid-vehicles-analysis-and-
commentary-november-4-2020
8. TOP 7 TRENDS FOR AUTOMOTIVE
Source - https://www.industryweek.com/leadership/media-gallery/21150611/back-to-
the-future-7-developments-shaping-automotive-in-2021-and-
beyond?oly_enc_id=7930I4506489J2B
1. A Biden Presidency
2. EV having a moment
3. Battery Battles Heating Up
4. New Ways of Working (Thanks, Pandemic)
5. Supply Chain Change-up
6. AVs Exiting the ‘Valley of Disillusionment
7. A Shift in Labor
9. 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
12. 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
• Big data and IOT - https://www.financialexpress.com/brandwagon/how-big-data-and-iot-connection-has-
transformed-the-automotive-industry/2107977/
• Digital - https://digitalmarketinginstitute.com/blog/5-ways-digital-is-transforming-the-car-buying-experience
• Cloudpak - https://www.youtube.com/watch?v=ZxDVnBWX3Qw
• Supply chain management -
https://ibm.ent.box.com/file/648099650319?s=63aqf8jo004v2bo5f8cf6eppgglhbvs5
13. 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
14. EV BATTERY
PRODUCTION
Source – Moody's
Here is my work on clean
material -
https://www2.slideshare.net/paulyou
ngcga/clean-technology-what-is-
next-for-raw-materials
or
15. 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 or
https://www2.slideshare.net/paulyoungcga/global-economy-outlook-december-2020
16. 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
Source - https://tradingeconomics.com/canada/car-registrations or https://www.goodcarbadcar.net/2020-canada-auto-sales-figures-by-manufacturer/