Canadian Plastics


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.

November 4, 2018 News

Magna acquires motion-control software maker Haptronik GmbH

by Canadian Plastics

Germany-based Haptronik’s software will bolster Magna’s SmartAccess power door technology.

October 15, 2018 News

Magna opens seating plant in Czech Republic to serve BMW in Europe

by Canadian Plastics

With a production area measuring 6,000 square meters, the plant has the capacity to produce more than 360,000 seat sets per year.

October 7, 2018 News

Canadian vehicle purchases dropped in September: Scotiabank

by Canadian Plastics

But auto sales in the U.S. jumped to an annualised level of more than 17 million units in September, Scotiabank said, beating expectations.

October 6, 2018 News

Magna sells its fluid pressure and controls business for $1.23 billion

by Canadian Plastics

The sale to South Korea-based Hanon Systems reflects Magna’s focus on being a “full-system supplier of transmission and other driveline-related systems,” Magna said.

October 2, 2018 News

Magna partners with Altran to create engineering centre in Morocco

by Canadian Plastics

The joint venture will support Morocco’s growing automotive export production.

September 12, 2018 News

Canada’s weak auto sales continues: Scotiabank

by Canadian Plastics

Auto sales growth has also slowed down markedly in the U.S. and Mexico, a new report from Scotiabank says.

September 4, 2018 News

Magna and Rohinni form automotive lighting JV

by Canadian Plastics

Thin, flexible lighting creates many new possibilities for design and product differentiation, Magna said.

August 29, 2018 News

Canada, U.S. resume trade talks

by Canadian Plastics

The Trump administration is calling on Canada to endorse the recent agreement reached by the U.S. and Mexico, which featured important decisions made by the two countries on autos.

August 25, 2018 News

Lightweighting, fuel efficiency drive high-performance plastic demand across auto, aerospace sectors: report

by Canadian Plastics

Adoption of composite-grade HPPs could take the global market past US$3 billion by 2024, a new study by Frost & Sullivan says.

August 22, 2018 News

Teijin to acquire Inapal to expand European automotive business

by Canadian Plastics

Inapal, headquartered in Portugal, is a Tier One supplier of composite components to the automotive and heavy truck industries.