CAW union not alarmed by investment shift

Jul 05, 2013 | 08:07 AM | Corinna Petry

Tags  automakers, Canadian Auto Workers, CAW, Ken Lewenza, investments, wages, currency exchange, productivity quality

CHICAGO — Seven major automakers are spending at least $12.2 billion on facility expansions in North America through 2015, according to an AMM analysis of announcements over the past 16 months. About 70 percent of the total is being spent in the United States and 27 percent in Mexico—and just 3 percent in Canada.

What does that mean for the future of Canada’s auto industry? Ken Lewenza, president of the Canadian Auto Workers (CAW) union, believes neither suppliers nor workers should worry that Canada’s auto industry is in danger of fading. ....





Latest Pricing Trends

Poll

Is severe weather affecting your business?

Yes
No


View previous results