Big three automakers cancel summer shutdowns to meet renewed demandby Canadian Plastics
Detroit’s Big Three automakers are largely forgoing the traditional two-week summer break at their factories and speeding up production to meet buyers’ growing demand for new cars and trucks.
SPE Automotive Division to hold innovation awards in Novemberby Canadian Plastics
The Automotive Division of the Society of Plastics Engineers (SPE) has announced the date, location and theme for its 43rd annual Automotive Innovation Awards Gala.
North American moldmakers unprepared for “historic” auto surge: DesRosiersby Canadian Plastics
In service of pent-up consumer demand, the North American auto industry launched approximately 70 all-new vehicle models each year for the next five years, translating into an “historic” wealth of new work that will be up for bids to North…
Magna reports improved Q1 2013 profits, forecast risesby Canadian Plastics
Canadian auto parts giant Magna International Inc. hiked its full-year sales forecasts after posting a better-than-expected profit and a 9 per cent rise in revenue in the first quarter of 2013.
Canadian auto parts industry rebounds: Scotiabankby Canadian Plastics
The Canadian auto parts industry performed well last year in select markets including the U.S. and Mexico, as well as advances in sales to India and South Korea, according to a new Scotiabank report.
Nine hurt in explosion at Magna auto plant in Newmarket, Ont.by Canadian Plastics
Nine people were hurt – six of whom were taken to hospital – after a fire and explosion at the Magna International Inc. automotive plant in Newmarket, Ont., north of Toronto on Wednesday, May 1.
KUKA buys plant engineering business of Utica Companiesby Canadian Plastics
In a bid to boost its profile as a manufacturing systems supplier to North America’s auto sector, automation supplier KUKA Systems Group has purchased the plant engineering business of Michigan-based welding equipment maker Utica…
U.S. industrial production rises 0.4 per cent in Marchby Canadian Plastics
Despite job losses, U.S. industrial output rose in March as cold weather kept utilities busy generating heat and a surge in auto production helped offset broader weakness in manufacturing.
Canadian auto sales down less than 1% from 2012 recordby Canadian Plastics
It didn’t last: sales of cars and light trucks in Canada recorded a modest slip last month compared with the recording-setting pace set in March 2012.
Suzuki Canada to wrap up auto sales after 2014by Canadian Plastics
Suzuki Canada Inc. (SCI) will to stop selling automobiles in Canada after the 2014 model year.
GM recognizes Canadian firms as among its top suppliersby Canadian Plastics
A group of Canadian automotive suppliers have been recognized by General Motors as the automaker unveiled its 21st annual Supplier of the Year award winners earlier this month.
N. American-built vehicle sales in Canada remain stableby Canadian Plastics
The majority of light vehicles sold in Canada are built in North American plants, with approximately a quarter of new vehicles sourced from overseas production facilities, according to new data from DesRosiers Automotive Consultants.
GM investing $250 million in western Ontario assembly plantby Canadian Plastics
General Motors Canada is investing $250 million in its assembly plant in Ingersoll, Ont., to “support future vehicle production,” the automaker announced.
Surge in global vehicle sales and production: Scotiabankby Canadian Plastics
Stronger-than-expected passenger vehicle sales combined with sharp gains in global vehicle production will provide a boost to global economic activity, the Scotiabank Global Auto Report has concluded.
Magna reports improved earnings in Q4 2012, increases sales outlookby Canadian Plastics
Magna International has reported improved earnings and raised its outlook for North American vehicle production and sales for the year.
Demand for automotive plastics to top US$18 billion by 2016by Canadian Plastics
The global automotive plastics industry market is projected to reach US$18.9 billion by 2016, primarily supported by the end-users, according to a new study by research firm Research and Markets.
2012 second-highest year on record for Canadian auto salesby Canadian Plastics
Canada’s automotive sector enjoyed its second-best year ever in 2012, selling more than 1.6 million vehicles.
2013 Canadian auto sales to be second best on record: Scotiabankby Canadian Plastics
Led by strong demand in resource-rich Alberta, Canadian auto sales will rise to 1.69 million units this year, according to a new report by ScotiaBank.
Toyota gets $34 million for investment in Cambridge plantby Canadian Plastics
Toyota Motor Manufacturing Canada (TMMC) has received a $34 million investment from the Federal and Ontario governments to fund the construction of new assembly lines and add jobs at its Cambridge, Ont. manufacturing facility.
Toyota back on top as world’s biggest-selling automakerby Canadian Plastics
Toyota has officially reclaimed its ranking as the world’s top automaker.