Volvo has already produced a one-off XC60 plug-in hybrid using recycled parts to illustrate the potential of this raw material reduction.
Aurora, Ont.-based Magna will retrofit May Mobility’s low-speed self-driving electric transit vehicles with custom doors, a panoramic moon roof, drive-by-wire technology, and sensor integration.
But sales in the U.S. continue to beat expectations on the back of strength in trucks, Scotiabank’s new report says.
The acquisition is designed to diversify Grammer’s footprint in making thermoplastic applications for the automotive industry.
Charges for many imported vehicles will be cut from 25 per cent to 15 per cent, the country’s Finance Ministry said.
The 225,000-square-foot facility will employ approximately 300 people and will supply structural castings to Jaguar Land Rover.
Buoyed by strong sales in its complete vehicles segment, automotive parts supplier Magna International Inc. reported record quarterly sales in Q1 2018, up 21 per cent year-over-year to $10.79 billion.
The Cambridge, Ont. and Woodstock, Ont. factories will become Toyota’s North American manufacturing hub for the RAV4.
Automotive parts supplier Magna International won two General Motors Supplier of the Year awards at the GM’s 26th annual Supplier of the Year awards ceremony in Orlando, Fla. One example of the lighting that Aurora, Ont.-based Magna supplies GM is…
The size of the North American automotive plastics market shows steady gains, the report from Global Market Insights Inc said, and is expected to exceed US$5 billion by 2024.
The automaker said the changes, meant to improve profitability, include getting rid of all cars for the North American market except for the Mustang sports car and Focus crossover.
And driven by increasing production and the growth of government regulations, the global market for instrument clusters will be worth US$9.02 billion in 2018, the report from MarketsandMarkets says.
But U.S. sales were much stronger than expected last month, Scotiabank said, buoyed by healthy economic activity.
Aurora, Ont.-based Magna signed the joint venture deal with a subsidiary of state-owned automotive giant Guangzhou Automobile Group Co. Ltd.
The new report, by market research firm Frost & Sullivan, says that global automotive aftermarket demand will increase by 4.4 per cent during 2018, with a slowdown anticipated in some developed markets.
For the first time in its history, the Canadian auto parts supplier will supply seats to the BMW Group.
Automotive parts supplier Magna International Inc. is partnering with Lyft, one of North America’s fastest growing rideshare companies, to jointly fund, develop, and manufacture self-driving systems.
The technical foam facilities of Mississauga, Ont.-based Woodbridge and Inoac in North America and South America will operate under the name Woodbridge Inoac Technical Products.
Automotive parts supplier Magna International Inc. has opened a new European composites centre of excellence in Esslingen, Germany, to develop lightweight structural parts and exterior components in advanced materials for European automomakers.
The Jaguar I-PACE is the second Jaguar Land Rover model built by Magna. The first, the Jaguar E-PACE, made its debut in 2017.
