Ontario announces $40 million for auto sector planby Canadian Plastics
The announcement is part of a 10-year plan for strengthening the auto sector’s competitiveness.
Canadian auto sales down in January: Scotiabankby 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.
Autoparts maker Brose to cut 100 jobs at Ontario operationsby 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.
Global auto sales declined in 2018: Scotiabankby 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.
Inteva workers walk off job in Ontario in protest of upcoming GM plant closureby 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.
Magna expects 2019 sales to be hurt by a variety of factorsby 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.
Canadian vehicle sales down in December: Scotiabankby Canadian Plastics
But auto purchases in the U.S. recorded their highest one-month total since October 2017, the new report from Scotiabank said.
Revere Plastics buys assets of auto parts molder Sur-Floby 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.
World auto sales growth stalls in 2018: Scotiabankby 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.
Cooper Standard building new global HQ in Michiganby Canadian Plastics
To be completed in 2020, the new 110,000-square-foot building in Northville, Mich. will house approximately 400 employees.
Magna buying Spanish automotive seat maker Viza Geca SLby Canadian Plastics
The acquisition gives Magna four new facilities and more than 1,100 new employees.
Magna opens mechatronics center in Chinaby Canadian Plastics
The new engineering center will support the growing vehicle accessibility market in China.
Auto purchases in Canada fell sharply in November: Scotiabankby 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.
Magna launches new global automotive design competitionby 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.
Weak sales in China drove global auto purchases down in October: Scotiabankby 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.
Closure of GM’s Oshawa plant a big blow to Canadian supply industry: Unifor, APMAby 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.
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.
Big gains forecast for global automotive plastic market: reportby 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.
Japanese auto parts maker Inoac fined $1.3 million for bid-rigging in Canadaby 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.
Canadian auto sales fall 1.9 per cent in October: DesRosiersby Canadian Plastics
Sales of passenger cars for several major auto companies dipped, a new report from DesRosiers said.