Canadian auto sales picked up in July: Scotiabankby Canadian Plastics
But U.S. auto sales decelerated in July, a new Scotiabank report says, as volatility in that market continues.
North American tooling industry continues to slow: reportby Canadian Plastics
North American capacity utilization at its lowest mark since 2016, the Q2 2019 Automotive Tooling Barometer Survey says.
Ford cutting 200 jobs at Oakville, Ont. auto assembly plantby Canadian Plastics
In a statement, Ford said the layoffs are the result of a “long-standing practice of matching production with consumer demand.”
Canadian auto sales fell in June, Scotiabank saysby Canadian Plastics
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.
Downturn in global auto sales continued in May: Scotiabankby Canadian Plastics
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.
Canadian government to ban single-use plasticsby Canadian Plastics
Plastics machinery shipments declined in early 2019by Canadian Plastics
While 2018 ended with strong plastics machinery shipments in North America, 2019 has started soft, according to new figures from the Plastics Industry Association’s Committee on Equipment Statistics.
U.S. lifts steel and aluminum tariffs on Canada and Mexicoby Canadian Plastics
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.
Tool & die industry off to slow start in 2019: reportby Canadian Plastics
In the first quarter 2019, the study said, mold shops experienced a slight utilization increase of 2% compared to Q4 2018 (77% to 79%), while die shop utilization dropped drastically from 85% to 74% in the same time frame.
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.
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.
American moldmakers generally positive about business outlook: surveyby Canadian Plastics
But only half of the moldmakers surveyed by the American Mold Builders Association believe business conditions in Q1 will increase, and only 10 per cent think their business will increase substantially over the next 12 months.
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.
Plastics machinery shipments finished strong in 2018by Canadian Plastics
Shipments of injection molding and extrusion machinery in North America increased in the fourth quarter 2018, according to the statistics compiled and reported by the Plastics Industry Association’s Committee on Equipment Statistics.
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.
Clariant increased sales, profitability and operating cash flow in 2018by Canadian Plastics
Clariant’s plastics & coatings division increased sales by one per cent, with particularly strong regional expansion in Latin America.
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.
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.
Petrochemical growth spurt bodes well for Canada’s plastics industryby Canadian Plastics
Canada’s capital spending on industrial chemical industry projects is expected to jump by 65 per cent in 2019.