CanPlastics TV: Hard summer for auto parts molders
The summer of 2008 is shaping up to be a bad time for Canada's auto industry.
The summer of 2008 is shaping up to be a bad time for Canada’s auto industry.
Car sales are down due to rising gas prices, with the result that auto makers like GM are reducing assembly capacity in certain areas. Added to such pressures as rising feedstock prices and the strong Canadian dollar, and it’s no wonder that auto parts molders are already feeling the effects.
This week, we go behind the scenes and speak with two Southern Ontario auto parts molders that fell victim to this harsh reality.
Watch this episode of CanPlastics TV by clicking this link, or through the “Multimedia Centre” on our homepage.
Receive the latest news about the Canadian plastics industry in your inbox every Tuesday! Sign up for Canadian Plastics‘ free weekly newsletter.