PLANT

News Automotive General
December 10, 2020  

Indian auto parts company expanding operations to Ontario

Plastic Component Industries will invest $4 million in the new facility.

News Automotive Manufacturing Economy General
November 12, 2020  

Martinrea says recent union deals could boost Canadian manufacturing

$5 billion-worth of investments announced this fall offers auto parts suppliers work to win.

News Automotive Manufacturing General
April 21, 2020  

Linamar withdraws 2020 financial outlook over virus impact

Auto parts manufacturer moved quickly to cut costs and capital spending, expects to be profitable for the year.

News Automotive Manufacturing General
April 1, 2020  

Uni-Select furloughs half of its 6,000 auto parts and paint employees

28% of its sites are operating on reduced hours while 7% are operating on a very limited basis.

News Automotive General
March 31, 2020  

Magna withdraws guidance due to business uncertainty of COVID-19 outbreak

The auto parts company said many of its plants have reduced or suspended operations because of the outbreak

News General
December 19, 2019  

Martinrea to buy structural components business from Mexico-based Metalsa

Canadian auto parts company will acquire six plants around the world with approximately 2,000 employees.

News Automotive Manufacturing General
November 11, 2019  

Magna cuts 2019 outlook after GM strike in US cuts volume

Expects total sales this year of between $38.7 billion and $39.8 billion.

News Automotive Manufacturing General
September 18, 2019  

Canadian auto sector starting to feel effect of GM strike in US

Companies are looking to adjust production schedules to adapt to the disruption.

News Automotive Government Manufacturing General
September 10, 2019  

Ontario offers technology, training funding for auto parts suppliers

Will contribute to technology adoption and lean manufacturing efforts.

News Automotive Manufacturing General
May 9, 2019  

Auto parts maker Magna reduces profit guidance for 2019

Expects light vehicle production in North America and Europe to fall shot of an earlier forecast.

News Automotive Manufacturing General
February 22, 2019  

Auto parts maker Magna reports $456M Q4 profit, ups dividend

Will now pay quarterly 36.5 cents per share, up from 33 cents per share.

News Automotive Manufacturing General
February 4, 2019  

Brose to cut 100 jobs in London as auto market shifts

Adjusting production capacity at the manufacturing facility to meet shifting customer demand.

News Automotive Manufacturing General
December 18, 2018  

Magna International buying Spanish automotive seat maker Viza Geca SL

Magna will acquire factories in Spain, the Czech Republic, Morocco and Mexico.

News Automotive Government Oil & Gas General
October 1, 2018  

Oil surges and loonie rises but markets muted on new NAFTA deal

Increase is directly attributable to the trade deal.

News Automotive Manufacturing General
February 22, 2018  

Magna posts higher income and record sales in Q4

Sales increase came as light vehicle production rose 7% in Europe and 5% in North America.

News Automotive Manufacturing General
January 15, 2018  

Feds to invest $49M to support advanced manufacturing at Linamar

Ontario will provide a conditional grant of up to $50 million.

News Automotive Government Manufacturing General
December 20, 2017  

Auto sector reps criticize CEOs for pushing Canada to join new TPP

They say it’s bad for the small and medium-sized auto parts companies and their employees.

Feature Automotive Manufacturing Business Operations Operations Production Sustainability Technology
August 16, 2017  

Auto disruption: APMA focuses on tech, trade and Trump

The automotive parts association’s annual conference for suppliers set a positive note despite uncertainties globally and closer to home.

News Automotive Manufacturing General
August 16, 2017  

Judge OKs Takata request to halt some lawsuits over air bags

Auto parts maker said allowing the lawsuits to proceed would jeopardize its restructuring efforts.

News Automotive Manufacturing General
May 3, 2017  

Delphi to spin off powertrain unit into separate company

New company will design and make components that enhance efficiency and vehicle performance.

News Automotive Manufacturing General
May 1, 2017  

Auto parts maker Martinrea outperforms Q1 estimates

Q2 looks even stronger: estimating adjusted earnings of between 49 and 53 cents per share.

News Automotive Government Manufacturing Business Operations General Operations Production
April 26, 2017  

Mitsubishi Electric fined $13.4M by Ontario court for car parts bid rigging

Competition Bureau rules the auto parts manufacturer entered illegal agreements with a competing Japanese manufacturer.

News Automotive Government Manufacturing Economy General
March 6, 2017  

Ross hints at key NAFTA priority: Stricter rules on auto parts

Trump’s point man on trade says rules of can be tightened up “quite a bit.”

News Automotive Manufacturing Business Operations Economy General
September 21, 2016  

Wholesale sales up 0.3% in July at $56.5B: StatsCan

Motor vehicle and parts subsector leads increases, growing by 2% to $11.1 billion.

News Automotive Manufacturing Business Operations General Operations Production
June 13, 2016  

Johnson Controls spending $245M on North American battery plants

Investment largely will be in the US and will add jobs at multiple locations.

News Economy General Production
March 16, 2016  

Manufacturing sales hit new record in January, up 2.3%: StatsCan

Increase came from higher sales of motor vehicles, food and motor vehicle parts.

News Automotive Manufacturing General Operations Production
October 22, 2015  

Auto sector boosts retail sales in August to $43.6B

Sales at motor vehicle and parts dealers increased 2% in August, the seventh consecutive increase.

News Aerospace Automotive Manufacturing General Operations Production
October 16, 2015  

StatsCan says manufacturing sales fall 0.2% in August

Decrease caused by a drop in the petroleum and coal industry, and auto and aerospace products and parts.

News Automotive Manufacturing General
October 15, 2015  

Linamar bids $1.16B for France’s Montupet

Auto parts maker aims to become a global leader in aluminum components.

News Automotive Government Manufacturing General Operations Production
July 28, 2015  

Halla Visteon awarded $2.175M to launch new auto parts line at Belleville plant

Project to create up to 70 jobs and maintain 25 position.

News Automotive Manufacturing General Operations Production
May 27, 2015  

Ford doubles parts purchasing in Morocco

US automaker will also open a sales office in the North African kingdom.

News Automotive Manufacturing General Operations Production
May 6, 2015  

Martinrea posts record $30.4M Q1 profit

Increase driven by North America and Europe operating segments.