February 15, 2019 News

Ontario announces $40 million for auto sector plan

by Canadian Plastics

The announcement is part of a 10-year plan for strengthening the auto sector’s competitiveness.

February 5, 2019 News

Canadian auto sales down in January: Scotiabank

by Canadian Plastics

Vehicle purchases in the U.S. also dropped in January, a new report from Scotiabank said, as sales activity rebalances from strong gains in late-2018 and adverse weather conditions keep buyers at bay.

February 5, 2019 News

Autoparts maker Brose to cut 100 jobs at Ontario operations

by Canadian Plastics

The Germany-based company says it is adjusting production capacity at its London, Ont. manufacturing facility to meet shifting customer demand as the market moves away from passenger cars towards SUVs and crossovers.

January 30, 2019 News

Global auto sales declined in 2018: Scotiabank

by Canadian Plastics

But despite posting a decline relative to 2017, the Canadian auto market posted its second best year on record, a new report from Scotiabank said.

January 16, 2019 News

Inteva workers walk off job in Ontario in protest of upcoming GM plant closure

by Canadian Plastics

Inteva’s plant in Whitby, Ont. supplies components such as headliners, floor consoles, and instrument panels for the Chevrolet Impala and Cadillac XTS.

January 16, 2019 News

Magna expects 2019 sales to be hurt by a variety of factors

by Canadian Plastics

The auto parts maker anticipates that the strong U.S. dollar, the sale of its fluid pressure and controls business, and GM plant closures will negatively impact its bottom line this year.

January 7, 2019 News

Canadian vehicle sales down in December: Scotiabank

by Canadian Plastics

But auto purchases in the U.S. recorded their highest one-month total since October 2017, the new report from Scotiabank said.

January 4, 2019 News

Revere Plastics buys assets of auto parts molder Sur-Flo

by Canadian Plastics

Headquartered in Fraser, Mich., Sur-Flo has 35 injection molding presses ranging from 45 to 3,300 tons, and serves automotive OEM and Tier 1 customers.

December 27, 2018 News

World auto sales growth stalls in 2018: Scotiabank

by Canadian Plastics

Vehicle purchases in Canada in November fell below 1.9 million annualised units for the first time since late-2016, Scotiabank said, but sales are still on track for their second-highest year on record in 2018.

December 23, 2018 News

Cooper Standard building new global HQ in Michigan

by Canadian Plastics

To be completed in 2020, the new 110,000-square-foot building in Northville, Mich. will house approximately 400 employees.

December 18, 2018 News

Magna buying Spanish automotive seat maker Viza Geca SL

by Canadian Plastics

The acquisition gives Magna four new facilities and more than 1,100 new employees.

December 14, 2018 News

Magna opens mechatronics center in China

by Canadian Plastics

The new engineering center will support the growing vehicle accessibility market in China.

December 5, 2018 News

Auto purchases in Canada fell sharply in November: Scotiabank

by Canadian Plastics

A sharp drop in Detroit Three sales pulled purchases below 1.9 million units for the first time in over three years, a new report from Scotiabank said.

December 3, 2018 News

Magna launches new global automotive design competition

by Canadian Plastics

The competition calls for entries from students around the world, with the winner to be announced during the 2019 Los Angeles Auto Show.

December 2, 2018 News

Weak sales in China drove global auto purchases down in October: Scotiabank

by Canadian Plastics

Canadian auto sales contracted by 1.9% year-over-year for an eighth consecutive month of annual declines in October, Scotiabank’s latest Global Auto Report says, but ticked up by 3.1% from September in seasonally-adjusted terms.

November 28, 2018 News

Closure of GM’s Oshawa plant a big blow to Canadian supply industry: Unifor, APMA

by Canadian Plastics

Shuttering the Oshawa plant represents a loss of about 10 per cent of Canada’s auto parts industry, said APMA head Flavio Volpe.

November 26, 2018 News

GM to shutter assembly plant in Oshawa, Ont.

by Canadian Plastics

The plant, which employs more than 2,500 workers, produces cars such as the Chevrolet Impala and the Cadillac XTS.

November 11, 2018 News

Big gains forecast for global automotive plastic market: report

by Canadian Plastics

Spurred by rising disposable incomes and continuously changing lifestyles, the increasing production of cars and commercial vehicles will grow the global automotive plastic market at a CAGR of 11.91% from now until 2023, the new report from Research and Market said.

November 8, 2018 News

Japanese auto parts maker Inoac fined $1.3 million for bid-rigging in Canada

by Canadian Plastics

An investigation found that Inoac entered into illegal agreements with a competing Japanese manufacturer to determine who would win certain calls for bids issued for parts for Toyota Corollas manufactured and sold in Canada between 2008 and 2014.

November 5, 2018 News

Canadian auto sales fall 1.9 per cent in October: DesRosiers

by Canadian Plastics

Sales of passenger cars for several major auto companies dipped, a new report from DesRosiers said.