November 11, 2017 News

Autonomous vehicle research centre opens in Ontario

by Canadian Plastics

Auto industry representatives and academics researching autonomous vehicles will work together at the Stratford, Ont. centre to further develop and demonstrate the technology.

November 7, 2017 News

North America automotive vendor tooling spending will hit $11 billion in 2018: report

by Canadian Plastics

Driven by the high level of North American vehicle launches predicted between 2018 and 2020, spending on automotive vendor tooling will reach a record high of US$11 billion next year, a new report from Harbour Results Inc. said.

November 5, 2017 News

Record-setting vehicle sales continued in October: Scotiabank

by Canadian Plastics

U.S. purchases defied expectations, Scotiabank also said, remaining at an annualized 18 million units last month.

October 31, 2017 News

Global auto sales accelerated during the summer: Scotiabank

by Canadian Plastics

Global car sales accelerated through the summer, a new report from Scotiabank said, with volumes advancing 4.5% above a year earlier in August, double the growth of the previous three months.

October 23, 2017 News

Magna forms e-powertrain joint venture in China

by Canadian Plastics

Canadian automotive parts supplier Magna International Inc. has entered into a joint venture agreement with Huayu Automotive Systems Co. Ltd. to produce an electric-drive powertrain system for a German automaker.

October 17, 2017 News

Ontario moldmaker Weber Manufacturing investing $7.9 million to expand its plant

by Canadian Plastics

The project will boost the plant’s capacity by approximately 30 per cent and create 17 new jobs.

October 17, 2017 News

Magna to build new $100 million paint plant in Slovenia

by Canadian Plastics

Aurora, Ont.-based Magna said the paint shop will support its contract manufacturing site in Graz, Austria, about 75 kilometres away.

October 16, 2017 News

Capital investment in Canada’s auto sector well below pre-recession levels: report

by Canadian Plastics

The report from DesRosiers Automotive Consultants says investment has been almost cut in half, noting “Canada’s loss of investment market share to Mexico and the southern U.S. over this period has been well documented.”

October 10, 2017 News

Magna joins BMW, Intel in self-driving vehicle development

by Canadian Plastics

The core partners are developing the self-driving platform for an application in 2021.

October 3, 2017 News

Canadian vehicle sales remained “hot” in September: Scotiabank

by Canadian Plastics

U.S. purchases rebounded to a cycle-high in September, Scotiabank said.

October 2, 2017 News

Magna sweeps SPE Automotive Composites Conference awards

by Canadian Plastics

A carbon fiber subframe won for process innovation, a reclaimed carbon fiber body panel won for materials innovation, and both products tied for the People’s Choice award.

September 25, 2017 News

Magna opens new Shanghai engineering centre

by Canadian Plastics

The centre will deliver the latest mirror and vision systems technologies to Asian markets.

September 25, 2017 News

NAFTA benefits Canadian and U.S. auto sector, not just Mexico’s: report

by Canadian Plastics

In Canada, auto industry output is advancing nearly four times faster than the overall growth rate of manufacturing as a whole, the new report from Scotiabank said.

September 19, 2017 News

Ford cuts production at five North American plants

by Canadian Plastics

The Detroit-based automaker has announced shutdowns of between one and two weeks at several assembly plants making small cars, sports cars, sedans, and vans.

September 9, 2017 News

Magna expands in Alabama with aluminum casting facility

by Canadian Plastics

Ontario-based automotive parts maker Magna International Inc. is expanding operations to add aluminum casting capabilities at its Kamtek facility in Birmingham, Ala. Magna invested approximately US$60 million to add the 150,000-square-foot facility. At full capacity, the expansion has the potential

September 6, 2017 News

Record-setting Canadian vehicle sales continued in August: Scotiabank

by Canadian Plastics

U.S. fleet volumes began to stabilize from the double-digit decline of recent months, Scotiabank also said.

September 4, 2017 News

Global auto sales to set eighth consecutive annual record in 2017: report

by Canadian Plastics

The expanding global economy is leading to a re-acceleration in global auto sales, Scotiabank’s latest Global Auto Report said, and this economic growth is also lifting purchases in Canada

August 29, 2017 News

Magna invests in Israeli automated vehicle tech firm Innoviz

by Canadian Plastics

Innoviz designs Lidar sensors, a key piece of technology in the auto industry’s shift to self-driving cars.

August 25, 2017 News

Toray to build PPS resin compound production facility in Hungary

by Canadian Plastics

The new PPS plant will be located in the Hungarian city of Nyergesujfalu at the European headquarters of Toray’s U.S. subsidiary Zoltek Inc.

August 21, 2017 News

Adient buying automotive seating supplier Futuris Group

by Canadian Plastics

Automotive seating maker Adient PLC is acquiring competitor Futuris Group for US$360 million. Futuris, owned by affiliates of Clearlake Capital Group, is a global designer and manufacturer of fully integrated automotive seating and interior systems. Headquartered in Oak Park, Mich.,