The total estimated value of Canadian motor vehicle manufacturer's inventories dropped to some 1.78 billion Canadian dollars in December 2021. Automotive manufacturers were impacted by the global automotive semiconductor shortage throughout the year, while demand picked up steam after the COVID-19 pandemic. This led to car supplies to drop worldwide.
Inventory value of motor vehicle manufacturers in Canada between January and December 2021
(in billion Canadian dollars)
* Data from June 2021 onwards is an estimate. One Canadian dollar was worth roughly 0.781576 U.S. dollars as of 31 December 2021.
Adapted from Statistics Canada, stacan.gc.ca, 2021. This does not constitute an endorsement by Statistics Canada of this product.
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StatCan. (February 16, 2022). Inventory value of motor vehicle manufacturers in Canada between January and December 2021 (in billion Canadian dollars) [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/1215554/canada-motor-vehicle-manufacturing-inventory/
StatCan. "Inventory value of motor vehicle manufacturers in Canada between January and December 2021 (in billion Canadian dollars)." Chart. February 16, 2022. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1215554/canada-motor-vehicle-manufacturing-inventory/
StatCan. (2022). Inventory value of motor vehicle manufacturers in Canada between January and December 2021 (in billion Canadian dollars). Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/1215554/canada-motor-vehicle-manufacturing-inventory/
StatCan. "Inventory Value of Motor Vehicle Manufacturers in Canada between January and December 2021 (in Billion Canadian Dollars)." Statista, Statista Inc., 16 Feb 2022, https://www.statista.com/statistics/1215554/canada-motor-vehicle-manufacturing-inventory/
StatCan, Inventory value of motor vehicle manufacturers in Canada between January and December 2021 (in billion Canadian dollars) Statista, https://www.statista.com/statistics/1215554/canada-motor-vehicle-manufacturing-inventory/ (last visited December 30, 2024)
Inventory value of motor vehicle manufacturers in Canada between January and December 2021 (in billion Canadian dollars) [Graph], StatCan, February 16, 2022. [Online]. Available: https://www.statista.com/statistics/1215554/canada-motor-vehicle-manufacturing-inventory/
