An increase of 6.6% over results from a year ago.
We won’t be overzealous.” — CAW president Ken Lewenza.
Carcinogen initially found in spare parts, sparking wider investigation.
Sacrifices were made, now workers should reap benefits too: Stanford.
Auto parts maker eyeing lucrative H/EV components, systems and engineering services.
Higher costs, flat sales in Europe cited.
Parts producers optimistic, but Europe, CAW negotiations and competition hampering sector growth amid recovery.
A subsidiary of Chinese auto parts firm Sichuan Bohong Industry Co. Ltd. is acquiring Wescast Industries Inc. for $195 million.
Canada’s position as a major auto parts producer is being undermined by the inability of suppliers to make inroads in the Asian and Latin American markets.
A University of Toronto research project aims to produce a bioplastic using shellfish that will be used to make vehicle parts.
Canadian car dealers have launched three class-action lawsuits iagainst several auto parts manufacturers, claiming they colluded to fix prices for nearly a decade.
Linamar is focusing more on markets outside of North America, although CEO Linda Hasenfratz says the Detroit automakers will continue to be important customers.
Magna International Inc. raised its dividend 10% Feb. 23 after reporting fatter net profits in the latest quarter as Canada’s largest auto parts maker benefited from a recovery in the North American auto sector.
Yazaki Corp. and DENSO Corp. have become the centre of the biggest anti-trust investigation in U.S. history
Magna International Inc. is raising sales predictions by as much as 8% in 2012 as the auto parts maker looks to new markets for growth.