Canada 2009 auto exports seen better than '08-report

Newswire

* Canada auto exports seen down 3 pct in 2009 * U.S. bailout could hurt output in Canada, Mexico * Capacity use rates may fall as low as 50 pct in 2009 OTTAWA, May 28 (Reuters) - Canadian automotive exports are expected to decline slightly this year but price hikes will mean a vast improvement over 2008, government agency Export Development Canada said on Thursday. In a report, EDC chief economist Peter Hall forecast a 3 percent decline in exports of vehicles and automotive parts ...

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