U.S. factory output dips 0.1% in June on auto chip shortage
WASHINGTON (AP) – U.S. factory output slid last month…
Indian auto parts company expanding operations to Ontario
Plastic Component Industries will invest $4 million in the new facility.
Martinrea says recent union deals could boost Canadian manufacturing
$5 billion-worth of investments announced this fall offers auto parts suppliers work to win.
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.
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.
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
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.
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.
Canadian auto sector starting to feel effect of GM strike in US
Companies are looking to adjust production schedules to adapt to the disruption.
Ontario offers technology, training funding for auto parts suppliers
Will contribute to technology adoption and lean manufacturing efforts.
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.
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.
Brose to cut 100 jobs in London as auto market shifts
Adjusting production capacity at the manufacturing facility to meet shifting customer demand.
Magna International buying Spanish automotive seat maker Viza Geca SL
Magna will acquire factories in Spain, the Czech Republic, Morocco and Mexico.
Oil surges and loonie rises but markets muted on new NAFTA deal
Increase is directly attributable to the trade deal.
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.
When motors fail
Camtac sends in the ASG team.
Growing the bio-economy
New materials that replace plastic.
Ford and Heinz form an unusual collaboration.
Q&A: APMA president Steve Rodgers
APMA president is confident, but cognizant of the changing marketplace.
Best of times, worst of times
Automotive sales are great, but investment is going south.