Canadian manufacturing sales down slightly in September, StatsCan says
Sales in the machinery industry increased 5.5 per cent to $3.7 billion, however, which was the largest monthly increase since May 2018.
Ontario auto parts molder Axiom Group building first U.S. plant
The facility, which represents an investment of approximately $20 million, will open at Overland Industrial Park in Toldeo, Ohio, by 2020.
Magna wins largest contract for transmission technologies in company history
The multi-year contract calls for Magna to build dual-clutch transmissions, including hybrid variants, for strategic partner BMW Group.
Canadian auto sales fell back “modestly” in October, report says
U.S. auto sales also posted a decline in October, according to a new report from Scotiabank.
Material supplier MOL acquires compounder Aurora Group
Aurora has production plants located nearby automotive manufacturing and plastics conversion clusters in Baden-Württemberg, Germany.
General Motors quitting Plastics Industry Association
According to Greenpeace, GM told the environmental group that it has allowed its membership with the U.S.-based plastics association to lapse.
North America automotive tooling spend to drop to US$6.8 billion, report says
The key factor driving this reducing tooling spend is the decreased number of North American vehicles that will be sourced for production in 2020, the report from Harbour Results says.
TPE maker United Soft Plastics opens Texas manufacturing plant
The company’s new Houston facility is nearly 20,000 square feet and has 10 million lbs production capacity.
Schaefer Systems to sell Woodbridge foam packaging in North America
The agreement allows Charlotte, N.C.-based Schaefer to provide design, manufacturing, and distribution support to large industrial manufacturing customers with emphases within the automotive industry.
Canadian auto sales posted “modest” uptick in August, Scotiabank says
The sales increase ended a record seventeenth month of year-over-year declines in auto sales in Canada, a new report from the bank says.
Teijin opens new resin compound plant, technical centre in Thailand
The plant will help Tokyo-based Teijin meet the demand for compound resin products for the automotive and communication sectors in Asia.
Canadian auto sales posted modest increase in August, report says
U.S. auto sales also grew at a robust rate in August, according to the latest Auto News Flash from Scotiabank.
Ontario auto parts maker Global Plas expands, adds machines and automation
With $2.5 million in funding assistance from FedDev Ontario, the Concord-based company will scale up operations and create 50 new jobs.
Ford global director Michael J. Whitens wins SPE Lifetime Achievement Award
A retired automotive industry veteran with over 30 years of experience, Whitens spent the majority of his career at Ford in various body engineering disciplines.
Magna opens new Michigan electronics facility
The new $50 million, 230,000-square-foot plant in Grand Blanc Township is designed to help Magna service the vision-based driver assistance systems market.
Canadian auto sales picked up in July: Scotiabank
But U.S. auto sales decelerated in July, a new Scotiabank report says, as volatility in that market continues.
Magna breaks ground on new seating plant in Ohio
The Lancaster facility represents an initial investment of approximately US$60 million, and will be Magna’s first dedicated seat structure plant in the U.S.
Magna signs its first complete vehicle manufacturing JV in China
The joint venture, to be controlled by an affiliate of the BAIC Group, will manufacture up to 180,000 electric vehicles per year.
Ford cutting 200 jobs at Oakville, Ont. auto assembly plant
In a statement, Ford said the layoffs are the result of a “long-standing practice of matching production with consumer demand.”
Magna receives FCA Supplier of the Year Award
Magna’s interior content to Fiat Chrysler Automobiles consists of complete seat sets on vehicles such as the Jeep Grand Cherokee, Dodge Durango and Chrysler Pacifica.
Petro-Canada gets funding for cross-country electric vehicle fast-charging network
The federal government is awarding Petro-Canada $4.6 million to build 92 electric vehicle fast chargers, with the first completed station being in Stewiacke, N.S.
in its coast-to-coast network.
Canada’s Woodbridge Foam investing $100 million on upgrades, research centre in Ontario
The investment, which includes $20 million from the federal government, will help create and maintain more than 800 jobs and establish a new Centre of Excellence.
Canadian auto sales fell in June, Scotiabank says
U.S. auto sales continued its above-trend growth in June following an equally strong performance in May, according to Scotiabank’s latest Auto News Flash.
Magna wins Ford’s global supplier award
The Canadian auto parts maker was recognized as a top-performing global supplier by Ford with a Silver Quality World Excellence Award.
Downturn in global auto sales continued in May: Scotiabank
The Canadian auto sales rate ticked up marginally in May, Scotiabank’s latest Global Auto Report said, but the decline on a year-over-year basis continued.
Global slowdown of vehicle sales continued in April: Scotiabank
Global auto sales fell by 7.9% year-over-year in April for an eighth consecutive month of year-on-year declines, a new report from Scotiabank says.
Fiat Chrysler and Renault discuss possibility of a merger
The merger would create the third largest global OEM with 8.7 million vehicle sales.
U.S. lifts steel and aluminum tariffs on Canada and Mexico
After having been in place for almost a year, the tariffs – 25 per cent on imports of steel and 10 per cent on aluminum – will be removed by May 19.
Canadian auto parts maker Hematite to open second U.S. location
The Guelph, Ont.-based company is investing US$11.5 million to establish a production facility in Fayetteville, Tenn.
Magna opens two new plants in China
The company’s new plants in Changsha and Shanghai will produce lightweight, aerodynamic parts to help lower emissions and improve fuel economy for China customers.
Mercedes-Benz to pull Smart cars from Canada, U.S. market
Just 345 Smart cars were sold in Canada in 2018 after the car went fully electric.
Toyota to make the Lexus NX SUV in Ontario
Toyota’s facility in Cambridge, Ont. will produce both a standard and hybrid version of the vehicle starting in 2022.