Borealis beefs up automotive compounds capacity in North Americaby Canadian Plastics
Chemical supplier Borealis AG has announced that its new compounding plant in Taylorsville, North Carolina, has come on stream during Q1 2019 as planned, with the inauguration of the facility scheduled for May 16. With dedicated production lines for thermoplastic…
Canadian auto sales down in March: Scotiabankby Canadian Plastics
Scotiabank also forecasts that auto sales in Canada will fall to 1.93 million units delivered in 2019.
Engel opens second location in Mexicoby Canadian Plastics
Located in San Pedro near Monterrey, this second location is situated in an automotive manufacturing region.
Weak early-year auto sales in China, while Europe rebounds: Scotiabankby Canadian Plastics
Sales in Canada continued to decline in February, a new report by Scotiabank said, marking the twelfth year-on-year decline in a row off record February sales a year prior.
Canadian auto purchases rose in February: Scotiabankby Canadian Plastics
Auto sales in the U.S. fell for a second consecutive month, a new report from Scotiabank also said.
Weak sales in China drag down global auto market: Scotiabankby Canadian Plastics
Excluding China, Scotiabank’s most recent Global Auto Report says, vehicle purchases fell by 3 per cent year-over-year worldwide.
Kistler opens Canadian office in Mississauga, Ont.by Canadian Plastics
Swiss-based Kistler Group, a supplier of measurement technology, has opened its first Canadian location, a new sales centre near Toronto.
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.