September 27, 2019 News

Canadian auto sales posted “modest” uptick in August, Scotiabank says

by 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.

September 10, 2019 News

Teijin opens new resin compound plant, technical centre in Thailand

by Canadian Plastics

The plant will help Tokyo-based Teijin meet the demand for compound resin products for the automotive and communication sectors in Asia.

September 5, 2019 News

Canadian auto sales posted modest increase in August, report says

by Canadian Plastics

U.S. auto sales also grew at a robust rate in August, according to the latest Auto News Flash from Scotiabank.

August 23, 2019 News

Ontario auto parts maker Global Plas expands, adds machines and automation

by 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.

August 21, 2019 News

Ford global director Michael J. Whitens wins SPE Lifetime Achievement Award

by 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.

August 14, 2019 News

Magna opens new Michigan electronics facility

by 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.

August 2, 2019 News

Canadian auto sales picked up in July: Scotiabank

by Canadian Plastics

But U.S. auto sales decelerated in July, a new Scotiabank report says, as volatility in that market continues.

July 31, 2019 News

Magna breaks ground on new seating plant in Ohio

by 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.

July 26, 2019 News

Magna signs its first complete vehicle manufacturing JV in China

by 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.

July 22, 2019 News

Ford cutting 200 jobs at Oakville, Ont. auto assembly plant

by Canadian Plastics

In a statement, Ford said the layoffs are the result of a “long-standing practice of matching production with consumer demand.”

July 18, 2019 News

Magna receives FCA Supplier of the Year Award

by 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.

July 17, 2019 News

Petro-Canada gets funding for cross-country electric vehicle fast-charging network

by 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.

July 10, 2019 News

Canada’s Woodbridge Foam investing $100 million on upgrades, research centre in Ontario

by 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.

July 8, 2019 News

Canadian auto sales fell in June, Scotiabank says

by 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.

June 28, 2019 News

Magna wins Ford’s global supplier award

by Canadian Plastics

The Canadian auto parts maker was recognized as a top-performing global supplier by Ford with a Silver Quality World Excellence Award.

June 28, 2019 News

Downturn in global auto sales continued in May: Scotiabank

by 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.

May 30, 2019 News

Global slowdown of vehicle sales continued in April: Scotiabank

by 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.

May 27, 2019 News

Fiat Chrysler and Renault discuss possibility of a merger

by Canadian Plastics

The merger would create the third largest global OEM with 8.7 million vehicle sales.

May 18, 2019 News

U.S. lifts steel and aluminum tariffs on Canada and Mexico

by 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.

May 13, 2019 News

Canadian auto parts maker Hematite to open second U.S. location

by Canadian Plastics

The Guelph, Ont.-based company is investing US$11.5 million to establish a production facility in Fayetteville, Tenn.