Canada’s automotive industry continues to evolve rapidly amidst unprecedented change and disruption. Following the 2008-2009 recession, the industry teetered on collapse, but endured and consolidated after strong intervention and support from government and other key stakeholders. More recently, the industry has faced different challenges, including an increasingly globalized supply chain and competition, shifting consumer trends, and technological advances in areas of electrification and self-driving vehicles. Unsurprisingly, these forces have had significant impacts in matters where the industry intersects with issues related to litigation and valuation.
CHS has been at the centre of these industry changes, providing valuation and damages quantification services across a wide swath of cases. These include: the bailout value considerations of a major car company; numerous breach of contract cases involving OEMs and the parts supply chain; and several class actions addressing alleged efficiencies and performance claims.
Detailed review of the Claimant’s disclosures made in support of the re-opening sought of a long-term supply agreement impacted by a steep increase in raw material input costs.Learn More