Boeing 787 battery probe shifts to monitoring system
No evidence GS Yuasa battery is the problem’s source.
Magna Int. expects global sales up to $32.7 billion in 2013
Half of total sales expected to come from North American manufacturing operations.
GM’s Opel to end car production at German plant in 2016
Warehouse to continue operating and Bochum factory may make components
Linamar Q2 profit and sales are up
An increase of 6.6% over results from a year ago.
UPDATE: CAW wants to share in automakers’ rising profits
We won’t be overzealous.” — CAW president Ken Lewenza.
23,000 Chinese cars recalled in Australia: asbestos found in parts
Carcinogen initially found in spare parts, sparking wider investigation.
CAW focusing on Detroit 3’s profits as contract talks begin
Sacrifices were made, now workers should reap benefits too: Stanford.
Magna consolidates ownership of E Car partnership
Auto parts maker eyeing lucrative H/EV components, systems and engineering services.
TRW Automotive’s Q2 income drops 25%
Higher costs, flat sales in Europe cited.
APMA 2012: Experts say go global, innovative
Parts producers optimistic, but Europe, CAW negotiations and competition hampering sector growth amid recovery.
Wescast sells to Bohong for $195M
A subsidiary of Chinese auto parts firm Sichuan Bohong Industry Co. Ltd. is acquiring Wescast Industries Inc. for $195 million.
Auto parts industry rebounds: Scotia Economics
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.
Three class actions launched against auto parts makers
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 eyes growth outside of North America
Linamar is focusing more on markets outside of North America, although CEO Linda Hasenfratz says the Detroit automakers will continue to be important customers.