Canada follows suit, rejects GM and Chrysler restructuring plans
According to The Detroit News, Canada's auto industry accounts for 14 percent of its manufacturing output and 23 percent of its manufacturing export, but the survival of GM and Chrysler in Canada is entirely dependent on their survival in the U.S. With that in mind, it would have been pointless had the Canadian government responded to the automakers' restructuring plans in any other way than exactly the same as the U.S. government.
[Source: The Detroit News, Photo by jimmywayne22 | CC2.0]
- Most and least efficient car companies
- Fastest-depreciating cars in the United States
- Find and compare 2017 Models