Ford Motor Co. took home the top award for its entry in the body exterior category, a structural front-end module with loose layer construction on the 2018 Expedition.
Auto industry representatives and academics researching autonomous vehicles will work together at the Stratford, Ont. centre to further develop and demonstrate the technology.
Driven by the high level of North American vehicle launches predicted between 2018 and 2020, spending on automotive vendor tooling will reach a record high of US$11 billion next year, a new report from Harbour Results Inc. said.
U.S. purchases defied expectations, Scotiabank also said, remaining at an annualized 18 million units last month.
Global car sales accelerated through the summer, a new report from Scotiabank said, with volumes advancing 4.5% above a year earlier in August, double the growth of the previous three months.
Canadian automotive parts supplier Magna International Inc. has entered into a joint venture agreement with Huayu Automotive Systems Co. Ltd. to produce an electric-drive powertrain system for a German automaker.
The project will boost the plant’s capacity by approximately 30 per cent and create 17 new jobs.
Aurora, Ont.-based Magna said the paint shop will support its contract manufacturing site in Graz, Austria, about 75 kilometres away.
The report from DesRosiers Automotive Consultants says investment has been almost cut in half, noting “Canada’s loss of investment market share to Mexico and the southern U.S. over this period has been well documented.”
The core partners are developing the self-driving platform for an application in 2021.
U.S. purchases rebounded to a cycle-high in September, Scotiabank said.
A carbon fiber subframe won for process innovation, a reclaimed carbon fiber body panel won for materials innovation, and both products tied for the People’s Choice award.
The centre will deliver the latest mirror and vision systems technologies to Asian markets.
In Canada, auto industry output is advancing nearly four times faster than the overall growth rate of manufacturing as a whole, the new report from Scotiabank said.
The Detroit-based automaker has announced shutdowns of between one and two weeks at several assembly plants making small cars, sports cars, sedans, and vans.
Ontario-based automotive parts maker Magna International Inc. is expanding operations to add aluminum casting capabilities at its Kamtek facility in Birmingham, Ala. Magna invested approximately US$60 million to add the 150,000-square-foot facility. At full capacity, the expansion has the potential…
U.S. fleet volumes began to stabilize from the double-digit decline of recent months, Scotiabank also said.
The expanding global economy is leading to a re-acceleration in global auto sales, Scotiabank’s latest Global Auto Report said, and this economic growth is also lifting purchases in Canada
Innoviz designs Lidar sensors, a key piece of technology in the auto industry’s shift to self-driving cars.
The new PPS plant will be located in the Hungarian city of Nyergesujfalu at the European headquarters of Toray’s U.S. subsidiary Zoltek Inc.