auto manufacturing
Magna raises concerns about protectionist trade measures
CEO Don Walker says any border adjustment tax would be negative for the industry.
Maintenance workers at VW in Tennessee seek new UAW vote
Election on exclusive bargaining rights would only apply to the about 165 “skilled trade” workers at the plant.
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Lexus tops Consumer Reports reliability survey
The worst performers were Infiniti, Cadillac, Ram, Jeep and Fiat among 28 brands.
Canada’s auto industry driving towards increased profits
Production expected to grow by 2.5%; weaker loonie will increase profits to $2.3 billion this year.
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Auto demand gives aluminum industry biggest boost since beverage cans
Demand from transportation, including aerospace, is to grow 4% to 6% annually.
GM investing $449M in 2 Detroit plants to build next-gen Volt
Automaker also confirms two future products would go to the plant, eventually bringing a second shift.
Ontario, Alberta have mixed reactions to South Korean trade deal
Kathleen Wynne says Ontario is supportive of opening up opportunities for Ontario, but has concerns about the auto sector.
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Inside GM’s huge investments in five US facilities
$1.3 billion investment brings automaker’s total spending on US manufacturing plants to $2.8 billion in 2013.
Retiring GM CEO says taxpayers gained on bailout even with paper loss
Dan Akerson says taxpayers would have had to pick up the company’s $26 billion pension obligation if the automaker went under.
Renault, Chinese partner get government OK for $1.3B joint venture
The French automaker and partner Dongfeng Motor Group. will each own 50% of the venture.
US government expects to sell remaining GM stock by year's end
The Canadian government sold a block of 30 million GM shares in September, valued at $1.1 billion.
Daimler pays $845 million for 12% stake in Chinese partner
Automaker looks to increase its footprint in the fast growing Chinese car market.
October auto sales up 7.4% over 2012, DesRosiers says
Ford led the way with a gain of more than 10%, selling 22,635 vehicles for the month, up from 20,561 a year ago.
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Auto production falling short amid cost competition from Mexico, US
Despite high sales, assembly plants in Canada aren’t growing the way they should be.
No guarantee Canada’s auto plants will get new models, analysts say
Canadian assemblers could lose more than 20% of their production by 2020: AutomotiveCompass.
