February 5, 2014 News

Good start for 2014 vehicle sales in Canada: report

by 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.

February 5, 2014 News

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.

January 29, 2014 News

2013 was another good year for auto sales: BMO

by 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.

January 23, 2014 News

Canadian car of the year finalists announced

by 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.  

January 20, 2014 News

European car market shrinks for sixth straight year

by Canadian Plastics

European car sales dropped for the sixth straight year in 2013, but there were signs of improvement.

January 20, 2014 News

Woodbridge Group plans particle foam operations expansion in Europe

by 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.

January 15, 2014 News

Magna plans US$1.4 billion in capital spending

by 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.

January 15, 2014 News

Visteon buying electronics unit of Johnson Controls

by Canadian Plastics

Automotive supplier Visteon Corp. has agreed to purchase the automotive electronics business of Johnson Controls Inc. for US$265 million in cash.

January 8, 2014 News

A. Schulman buys Prime Colorants

by 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. 

January 8, 2014 News

Simcoe Plastics new Canadian rep for Plastics Plus

by Canadian Plastics

Resin supplier Simcoe Plastics Ltd. is the new Canadian sales agent for Michigan, U.S.-based plastics distributor Plastics Plus Inc.

January 7, 2014 News

For fourth straight year, Ford best selling automaker in Canada

by 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.

December 31, 2013 News

Record global car sales projected for 2014

by 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.

December 11, 2013 News

GM to stop making cars in Australia by 2017

by 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…

December 6, 2013 News

Global auto industry in good shape: Scotiabank

by 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.

December 4, 2013 News

Year-over-year growth for Canadian auto sales continued in November

by Canadian Plastics

Canadian auto sales posted another strong month in November, rising 6.5 per cent over the same month last year.

December 1, 2013 News

Motion Industries (Canada) to acquire industrial distributor Commercial Solutions

by Canadian Plastics

Industrial parts distributor Motion Industries (Canada) Inc. is acquiring Edmonton-based industrial distributor Commercial Solutions Inc. for almost $22 million.

November 27, 2013 News

CAPC issues new “Call to Action” plan for Canadian auto industry

by 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…

November 25, 2013 News

DuPont to sell glass-laminating products business

by 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…

November 24, 2013 News

Montreal’s Protech Powder buys Ohio-based NPA Coatings

by Canadian Plastics

Protech Chemicals Ltd. has finalized its acquisition of NPA Coatings (NPAC) powder coating division, a subsidiary of Nippon Paints Japan.

November 13, 2013 News

October auto sales up in Canada over 2012: DesRosiers

by Canadian Plastics

Canadian auto and truck sales last month increased 7.4% from one year ago, according to data compiled from DesRosiers Automotive Consultants.