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…
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%.
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…
More recent sales data for March confirm the trend of record volumes in both Canada and Mexico, Scotiabank said.
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…
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.
A new survey being conducted by the Automotive Parts Manufacturers Association seeks to detail the level of integration in the North American auto industry.
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…
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…
North American auto production to climb to record high in the second quarter, the bank said.
Exports were up 0.5% on the strength of higher exports of motor vehicles and canola, the agency said.
GM`s European brands – Opel in Germany and Vauxhall in Britain – have not made a combined profit in the past 18 years.
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.
Petrochemical firm pledges to invest “hundreds of millions of pounds” to set up automotive division in UK to make 4×4 vehicles.
The investment, part of Ford’s plan to develop a fully driverless vehicle by 2021, will make Ford the company’s largest shareholder.
Sales gains in Alberta and Saskatchewan are expected to be more than offset by declines in Ontario, Quebec, and Atlantic Canada.
But the bank anticipates lower annual sales, as vehicle affordability begins to erode alongside some slowing in real income gains.
Construction began on the $48-million, three-story facility in December 2015.
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.
The automaker will also look at reshoring axle production for pickup trucks, including work previously done in Mexico.