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.
-
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.
-
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.
-
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.
-
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.
