Canadian Plastics

Category
Automotive


April 25, 2017 News

Flex-N-Gate breaks ground on new Michigan plant

by Canadian Plastics

Automotive parts supplier Flex-N-Gate Corp. has broken ground on a US$95 million manufacturing facility in Detroit, Mich. that could employ 400 to 700 people by mid-2018. Excavation had already started on the 350,000-square-foot facility before the official groundbreaking ceremony on

April 18, 2017 News

Manufacturing sales slip 0.2% in February: StatsCan

by Canadian Plastics

Factory sales were down in 10 of the 21 industries, representing 37% of the manufacturing sector; sales in motor vehicle assembly fell 5.3%, while petroleum and coal products dropped 5.0%.

April 18, 2017 News

Two dead, one injured in shooting at Tennessee auto parts plant

by Canadian Plastics

Two people are dead following a shooting in the parking lot of an automotive parts making plant in Cookeville, Tenn. The incident took place on April 11 at an auto mirror injection molding plant run by Ficosa North America. According to

April 14, 2017 News

Global vehicle sales continue to gain momentum: Scotiabank

by Canadian Plastics

More recent sales data for March confirm the trend of record volumes in both Canada and Mexico, Scotiabank said.

April 5, 2017 News

Canadian vehicle sales strong in March: Scotiabank

by Canadian Plastics

Canadian vehicle sale purchases in March 2017 advanced 7% above a year earlier, setting a monthly record for March. According to the latest Auto News Flash from Scotiabank, sales exceeded an annualized 2.1 million units in March 2017, lifting year-to-date

April 1, 2017 News

Ford to invest $1.2 billion in Canada, create Ottawa R&D centre

by Canadian Plastics

The new research centre in Ottawa will hire 295 engineers, who will work on developing autonomous and connected vehicles. Ford will also establish satellite engineering centres in Waterloo, Ont., and Oakville, Ont.

March 29, 2017 News

Canadian auto parts industry goes on offensive against U.S. protectionism

by Canadian Plastics

A new survey being conducted by the Automotive Parts Manufacturers Association seeks to detail the level of integration in the North American auto industry.

March 28, 2017 News

Ford to invest $1.2 billion in Michigan plants

by Canadian Plastics

Ford Motor Company will invest US$1.2 billion in three Michigan factories, including US$850 million at its Michigan Assembly plant to make the new Ford Ranger and Ford Bronco. The Dearborn, Mich.-based automaker’s investment includes plans to add 130 new jobs at

March 15, 2017 News

Magna teams up with Ford to build lightweight carbon fibre subframe

by Canadian Plastics

Canadian auto parts supplier Magna International Inc. has partnered with Ford Motor Company to develop a prototype carbon fibre composite subframe that reduces mass by 34 per cent from a stamped steel equivalent. By replacing 45 steel parts with two

March 13, 2017 News

Global auto sales continue to strengthen in 2017: Scotiabank

by Canadian Plastics

North American auto production to climb to record high in the second quarter, the bank said.

March 8, 2017 News

Canada posts third-straight monthly trade surplus: StatsCan

by Canadian Plastics

Exports were up 0.5% on the strength of higher exports of motor vehicles and canola, the agency said.

March 7, 2017 News

GM sells European business to Peugeot for US$2.3 billion

by Canadian Plastics

GM`s European brands – Opel in Germany and Vauxhall in Britain – have not made a combined profit in the past 18 years.

February 27, 2017 News

Trade protectionism is a risk to the auto sector: Magna

by Canadian Plastics

As reported by The Canadian Press, Magna CEO Don Walker said any border adjustment tax imposed by the U.S. would have a “material adverse effect” on operations and profitability.

February 20, 2017 News

Ineos to develop 4×4 off-roader

by Canadian Plastics

Petrochemical firm pledges to invest “hundreds of millions of pounds” to set up automotive division in UK to make 4×4 vehicles.

February 13, 2017 News

Ford investing US$1 billion in robotics startup Argo AI

by Canadian Plastics

The investment, part of Ford’s plan to develop a fully driverless vehicle by 2021, will make Ford the company’s largest shareholder.

February 7, 2017 News

Canadian auto sales will decline in 2017: Scotiabank

by Canadian Plastics

Sales gains in Alberta and Saskatchewan are expected to be more than offset by declines in Ontario, Quebec, and Atlantic Canada.

February 3, 2017 News

Canadian vehicle sales up in January: Scotiabank

by Canadian Plastics

But the bank anticipates lower annual sales, as vehicle affordability begins to erode alongside some slowing in real income gains.

February 2, 2017 News

Magna opens new seating headquarters in Michigan

by Canadian Plastics

Construction began on the $48-million, three-story facility in December 2015.

January 22, 2017 News

Record global auto sales expected in 2017: Scotiabank

by Canadian Plastics

In Canada, volumes will be undercut by recent price hikes for new cars and light trucks, as well as lower replacement demand than in the United States, Scotiabank’s latest Global Auto Report said.

January 17, 2017 News

GM to invest additional $1 billion across U.S. supply chain

by Canadian Plastics

The automaker will also look at reshoring axle production for pickup trucks, including work previously done in Mexico.