Good start for 2014 vehicle sales in Canada: reportby Canadian Plastics
Passenger vehicle sales in Canada started the year on a solid footing, advancing nearly 1% above a year earlier to an annualized 1.75 million units, according to a new report from Scotiabank Economics.
Magna forms joint venture with Chinese firm Chongquing Trim Co.by Canadian Plastics
Magna International Inc., through its Magna Exteriors operating unit, has struck a 50/50 joint-venture partnership with auto parts maker Chongquing Guangneng Rongneng Trim Co. Ltd.
2013 was another good year for auto sales: BMOby Canadian Plastics
Canadian auto sales experienced yet another good year in 2013 as sales of light vehicles grew for the third consecutive time, according to a new report by BMO Economics.
Canadian car of the year finalists announcedby Canadian Plastics
The Automobile Journalists Association of Canada (AJAC), in conjunction with KPMG, has selected the top three finalists for the overall 2014 Canadian Car of the Year and 2014 Canadian Utility Vehicle of the Year.
European car market shrinks for sixth straight yearby Canadian Plastics
European car sales dropped for the sixth straight year in 2013, but there were signs of improvement.
Woodbridge Group plans particle foam operations expansion in Europeby Canadian Plastics
Automotive parts supplier The Woodbridge Group has announced plans to expand its particle foam operations in Germany to provide additional capacity to the European auto industry.
Magna plans US$1.4 billion in capital spendingby Canadian Plastics
Automotive supplier Magna International Inc. is estimating total sales between US$33.8 billion and US$35.5 billion this year, about the same as in 2013.
Visteon buying electronics unit of Johnson Controlsby Canadian Plastics
Automotive supplier Visteon Corp. has agreed to purchase the automotive electronics business of Johnson Controls Inc. for US$265 million in cash.
A. Schulman buys Prime Colorantsby Canadian Plastics
Materials maker A. Schulman Inc. has purchased Prime Colorants Incorporated, a Franklin, ten.-based manufacturer of custom colors and additive concentrates, for approximately US$15.1 million.
Simcoe Plastics new Canadian rep for Plastics Plusby Canadian Plastics
Resin supplier Simcoe Plastics Ltd. is the new Canadian sales agent for Michigan, U.S.-based plastics distributor Plastics Plus Inc.
For fourth straight year, Ford best selling automaker in Canadaby Canadian Plastics
Ford is claiming the title of best-selling automaker in Canada for the fourth year in a row, and the company also reported that 2013 was its best year in the last 16, with overall car and truck sales increasing by almost three per cent.
Record global car sales projected for 2014by Canadian Plastics
The cyclical recovery in global auto sales remains intact, with purchases advancing in every region, except Europe, over the past year, according to the latest Scotiabank Global Auto Report.
GM to stop making cars in Australia by 2017by Canadian Plastics
In a decision that could spell the end of car manufacturing in Australia, automaker General Motors Company will stop making cars and engines in Australia by the end of 2017, with nearly 2,900 jobs to be lost, because of high production costs…
Global auto industry in good shape: Scotiabankby Canadian Plastics
Global auto sales picked up the pace again in October, as a 33 per cent surge in China drove overall volumes nine per cent above 2012 levels, according to a new report from Scotiabank.
Year-over-year growth for Canadian auto sales continued in Novemberby Canadian Plastics
Canadian auto sales posted another strong month in November, rising 6.5 per cent over the same month last year.
Motion Industries (Canada) to acquire industrial distributor Commercial Solutionsby Canadian Plastics
Industrial parts distributor Motion Industries (Canada) Inc. is acquiring Edmonton-based industrial distributor Commercial Solutions Inc. for almost $22 million.
CAPC issues new “Call to Action” plan for Canadian auto industryby Canadian Plastics
Following an original “Call to Action” 10 years ago, the Canadian Automotive Partnership Council (CAPC) has issued a new “Call to Action” for the Canadian industry, to combat what it now sees as shrinking capital…
DuPont to sell glass-laminating products businessby Canadian Plastics
Japan’s Kuraray Co. Ltd. will buy DuPont’s Glass Laminating Solutions/Vinyl unit, which supplies polyvinyl butyral and ionomer sheets for safety glass and vinyl acetate monomer and polyvinyl alcohol for automotive, architectural, and…
Montreal’s Protech Powder buys Ohio-based NPA Coatingsby Canadian Plastics
Protech Chemicals Ltd. has finalized its acquisition of NPA Coatings (NPAC) powder coating division, a subsidiary of Nippon Paints Japan.
October auto sales up in Canada over 2012: DesRosiersby Canadian Plastics
Canadian auto and truck sales last month increased 7.4% from one year ago, according to data compiled from DesRosiers Automotive Consultants.