Canadian auto sales posted “modest” uptick in August, Scotiabank saysby Canadian Plastics
The sales increase ended a record seventeenth month of year-over-year declines in auto sales in Canada, a new report from the bank says.
Teijin opens new resin compound plant, technical centre in Thailandby Canadian Plastics
The plant will help Tokyo-based Teijin meet the demand for compound resin products for the automotive and communication sectors in Asia.
Canadian auto sales posted modest increase in August, report saysby Canadian Plastics
U.S. auto sales also grew at a robust rate in August, according to the latest Auto News Flash from Scotiabank.
Ontario auto parts maker Global Plas expands, adds machines and automationby Canadian Plastics
With $2.5 million in funding assistance from FedDev Ontario, the Concord-based company will scale up operations and create 50 new jobs.
Ford global director Michael J. Whitens wins SPE Lifetime Achievement Awardby Canadian Plastics
A retired automotive industry veteran with over 30 years of experience, Whitens spent the majority of his career at Ford in various body engineering disciplines.
Magna opens new Michigan electronics facilityby Canadian Plastics
The new $50 million, 230,000-square-foot plant in Grand Blanc Township is designed to help Magna service the vision-based driver assistance systems market.
Canadian auto sales picked up in July: Scotiabankby Canadian Plastics
But U.S. auto sales decelerated in July, a new Scotiabank report says, as volatility in that market continues.
Magna breaks ground on new seating plant in Ohioby Canadian Plastics
The Lancaster facility represents an initial investment of approximately US$60 million, and will be Magna’s first dedicated seat structure plant in the U.S.
Magna signs its first complete vehicle manufacturing JV in Chinaby Canadian Plastics
The joint venture, to be controlled by an affiliate of the BAIC Group, will manufacture up to 180,000 electric vehicles per year.
Ford cutting 200 jobs at Oakville, Ont. auto assembly plantby Canadian Plastics
In a statement, Ford said the layoffs are the result of a “long-standing practice of matching production with consumer demand.”
Magna receives FCA Supplier of the Year Awardby Canadian Plastics
Magna’s interior content to Fiat Chrysler Automobiles consists of complete seat sets on vehicles such as the Jeep Grand Cherokee, Dodge Durango and Chrysler Pacifica.
Petro-Canada gets funding for cross-country electric vehicle fast-charging networkby Canadian Plastics
The federal government is awarding Petro-Canada $4.6 million to build 92 electric vehicle fast chargers, with the first completed station being in Stewiacke, N.S.
in its coast-to-coast network.
Canada’s Woodbridge Foam investing $100 million on upgrades, research centre in Ontarioby Canadian Plastics
The investment, which includes $20 million from the federal government, will help create and maintain more than 800 jobs and establish a new Centre of Excellence.
Canadian auto sales fell in June, Scotiabank saysby Canadian Plastics
U.S. auto sales continued its above-trend growth in June following an equally strong performance in May, according to Scotiabank’s latest Auto News Flash.
Magna wins Ford’s global supplier awardby Canadian Plastics
The Canadian auto parts maker was recognized as a top-performing global supplier by Ford with a Silver Quality World Excellence Award.
Downturn in global auto sales continued in May: Scotiabankby Canadian Plastics
The Canadian auto sales rate ticked up marginally in May, Scotiabank’s latest Global Auto Report said, but the decline on a year-over-year basis continued.
Global slowdown of vehicle sales continued in April: Scotiabankby Canadian Plastics
Global auto sales fell by 7.9% year-over-year in April for an eighth consecutive month of year-on-year declines, a new report from Scotiabank says.
Fiat Chrysler and Renault discuss possibility of a mergerby Canadian Plastics
The merger would create the third largest global OEM with 8.7 million vehicle sales.
U.S. lifts steel and aluminum tariffs on Canada and Mexicoby Canadian Plastics
After having been in place for almost a year, the tariffs – 25 per cent on imports of steel and 10 per cent on aluminum – will be removed by May 19.
Canadian auto parts maker Hematite to open second U.S. locationby Canadian Plastics
The Guelph, Ont.-based company is investing US$11.5 million to establish a production facility in Fayetteville, Tenn.