March 6, 2013 News

Surge in global vehicle sales and production: Scotiabank

by 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.

March 4, 2013 News

Magna reports improved earnings in Q4 2012, increases sales outlook

by Canadian Plastics

Magna International has reported improved earnings and raised its outlook for North American vehicle production and sales for the year.

February 19, 2013 News

Demand for automotive plastics to top US$18 billion by 2016

by 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.

February 18, 2013 News

2012 second-highest year on record for Canadian auto sales

by Canadian Plastics

Canada’s automotive sector enjoyed its second-best year ever in 2012, selling more than 1.6 million vehicles.

January 30, 2013 News

2013 Canadian auto sales to be second best on record: Scotiabank

by 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.

January 29, 2013 News

Toyota gets $34 million for investment in Cambridge plant

by 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.

January 28, 2013 News

Toyota back on top as world’s biggest-selling automaker

by Canadian Plastics

Toyota has officially reclaimed its ranking as the world’s top automaker.

January 25, 2013 News

Magna International investing in new auto parts plants in Michigan

by Canadian Plastics

Canadian auto parts supplier Magna International Inc. has some big plans in Michigan.

January 16, 2013 News

Magna forecasts global sales up to $32.7 billion in 2013

by Canadian Plastics

Auto parts supplier Magna International Inc. is expecting sales of up to US$32.7 billion from its global operations in 2013, half of which will come from the sale of parts to North American manufacturing operations.

January 2, 2013 News

Research firm predicts strong 2013 U.S. auto sales

by Canadian Plastics

An improving economy and a host of new models should push U.S. auto sales above 15 million units in 2013, according to a Michigan-based auto industry research firm.

December 1, 2012 News

Magna buys German pump maker for $397 million

by Canadian Plastics

Magna International Inc. operating unit Magna Powertrain has acquired automotive vacuum, engine and transmission pump maker ixetic Verwaltungs GmbH (ixetic) for €308 million (CAN$397.8 million).

November 25, 2012 News

Magna partners with Avtotor for manufacturing project in Russia

by Canadian Plastics

Canadian-based auto parts manufacturer Magna International Inc. is partnering with Russian car maker Avtotor Holding Ltd. to develop an automobile manufacturing cluster in the Kaliningrad region.

November 14, 2012 News

Plasmatreat opens new Ontario sales and technical centre

by Canadian Plastics

Plasmatreat North America, a provider of surface treating technology for the plastics industry, has opened a new office in Ancaster, Ont.

November 12, 2012 News

GM crossovers win big at SPE auto innovation awards; Canadian shops front and centre

by Canadian Plastics

Crossover cars from General Motors were the big winners at the 2012 Society of Plastics Engineers (SPE) Automotive Innovation Awards held on November 7 in Detroit, and a variety of Canadian shops played leading roles in other winning…

November 4, 2012 News

Automakers in Canada report record-breaking October

by Canadian Plastics

Canadian vehicle sales were up nearly seven per cent from a year ago, putting sales on track for what one analyst describes as a record year.

September 30, 2012 News

Magna strengthens position in auto pumps with two acquisitions

by Canadian Plastics

Automotive supplier Magna International Inc. will add to its strength in automotive pumps with two transactions, one in Europe and  one in Canada.

September 9, 2012 News

August auto sales up 6.4 per cent from year ago as imports post big gains: DesRosiers

by Canadian Plastics

Canadian car and light truck sales for August climbed 6.4 per cent from a year ago, as imports posted strong gains against the U.S. automakers, according to data compiled by DesRosiers Automotive Consultants.

September 1, 2012 News

DuPont sells auto painting business to Carlyle Group

by Canadian Plastics

DuPont Co. has struck a deal to sell its car paint business to Washington-based investment firm Carlyle Group LP for US$4.9 billion.

September 1, 2012 Feature

Driving into China

by Mark Stephen, editor

In a famous scene from the classic western Butch Cassidy and the Sundance Kid, Paul Newman convinces Robert Redford to pull up stakes for Bolivia by telling him, “If we were in business during the California gold rush, we’d have…

August 20, 2012 News

Despite hard times, global auto sales on the rise: Scotiabank

by Canadian Plastics

Global car sales advanced 6% in the first half of 2012, despite the ongoing sovereign debt problems in Western Europe and a slowdown in the pace of global economic activity, according to a new global auto report by Scotiabank Economics.