Category
Automotive
German firms Continental and Osram plan to end lighting systems joint venture
The companies said the move comes in response to the dampening influence of COVID-19 on the global level of vehicle production.
Sumitomo Chemical opens new PP production facility in China
The new plant is the company’s fifth production facility for polypropylene compounds in Wuxi, Jiangsu Province.
Two Ontario auto parts makers receive provincial funding to implement automation
Innotech Precision Inc. and Kobay Enstel Ltd. are receiving more than $175,000 from the Ontario government to help improve efficiency, productivity, and build capacity.
Magna to acquire majority ownership of Chinese seating supplier
The deal increases Magna’s footprint with seating supplier Honglizhixin from two to 12 manufacturing plants.
KraussMaffei delivers 100th injection molding machine to customer Polycom
The all-electric PX 50-55 with the special paint is part of the modern smart production at Polycom’s new location in Dobje, Poljane nad Skofjo Loko/Slovenia.
Canadian auto sales’ rebound “softened modestly” in August, report says
In the U.S., meanwhile, auto sales posted a fourth month of recovery with August purchases increasing by 5% month-over-month, the new report from Scotiabank says.
General Motors, Honda are partnering for product development in North America
The partnership would build on previous collaborations in electrified vehicles and technologies, enabling both automakers to explore sharing vehicle platforms and propulsion systems.
Ford preparing to cut 1,000 salaried jobs in North America, report says
The job cuts are aimed at improving the automaker’s efficiency and are not related to rising costs from the COVID-19 pandemic, the news report from Bloomberg said.
Ontario investing $9.3M in automotive and advanced manufacturing skills training
The innovative projects will train and re-train thousands for in-demand jobs.
Continental Structural Plastics plans $45 million expansion at North Carolina plant
The investment and expansion at the Salisbury, N.C. site will create approximately 60 new jobs, and add 50,000 square feet to the automotive parts maker’s current facility.
Magna expands powertrain business in Slovakia with new manufacturing plant
Construction of the 7,675-square-meter facility is expected to be complete in March 2021.
Heavy truck sales in Canada should rebound quickly, report says
The Canadian heavy truck industry has been hit hard by the COVID-19 pandemic, a new report from Scotiabank says, but sales should shift back into positive growth territory in 2021.
Manufacturing sales up 8.7 per cent in July, StatCan says
The preliminary estimate for July compared with a record 20.7 per cent gain seen in June as factories continued to ramp up production.
Ontario opens new O-AMP funding round for auto parts companies
The province is making available $10-million in additional funding for applications for the Ontario Automotive Modernization Program, which provides auto parts companies with funding to invest in new technologies and innovation.
German firms Continental, Aft form JV to make plastic couplings for hybrid, electric cars
The two companies have already been jointly developing special couplings that connect the cooling circuit or the turbocharger/charge-air cooler with units in the engine compartment since 2016, and the JV is an expansion of this.
Magna’s Q2 results take big hit from COVID-19 auto production shutdowns
The Aurora, Ont.-based auto parts maker says the impact was far worse than the quarterly declines during the 2008-2009 financial crisis.
GM accelerates its 3D printing capability
The transformation powered by additive manufacturing is helping GM move faster, cut costs, and produce safer, lighter-weight manufacturing aids.
Canadian auto sales posted another rebound in July, Scotiabank says
U.S. auto sales also continued to climb back in July, Scotiabank reported in its latest Auto News Flash.
Retail sales bounced back 18% in May, StatCan says
Sales of cars and car parts saw a 66% increase in sales during May, the agency said.
GM Canada marks one million masks made at Oshawa operations
The automaker has been contracted by the federal government to produce 10 million masks in total.
