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News Automotive Business Operations Operations Technology
February 24, 2012  

Magna’s profits are up, increases NA outlook

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.

News Automotive Manufacturing Business Operations Operations Technology
January 31, 2012  

Autoparts makers to pay $548 million for price-fixing

Yazaki Corp. and DENSO Corp. have become the centre of the biggest anti-trust investigation in U.S. history

News Automotive Business Operations Operations Technology
January 11, 2012  

Magna raises sales 2012 outlook 8%

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.

News Business Operations Operations Production Technology
October 31, 2011  

Toyota/Honda cut NA output to preserve parts supply

Honda’s assembly plants in Canada will be part of a dramatic international slowdown by the Japanese automaker, which is suffering from a parts shortage due to flooding in Thailand.

News Electronics Business Operations Operations Technology
October 27, 2011  

$100B in lost output to China coming home: BCG

Manufacturing in China for North American markets is not as cost-effective as it once was, and it appears some of the lost US production may be coming back.

News Aerospace Manufacturing Business Operations Operations Technology
August 25, 2011  

2015 the earliest for full production recovery

It’s going to take until 2015, at the earliest for many Canadian industries to hit pre-recession levels of production, says a Conference Board of Canada report.

News Business Operations Operations Technology
March 24, 2011  

Japan’s recovery offers opportunities for auto parts

Japanese automakers will be evaluating their global supply chains following the March 11 earthquake, tsunami and nuclear plant disasters, which will impact Canadian auto parts suppliers.

News Business Operations Operations Technology
January 27, 2011  

Magna to build new $100M parts plant in Mexico

Car parts maker Magna International Inc. will build a new factory in Mexico to produce stamped and welded assemblies for several automakers.

News Business Operations Operations Technology
December 8, 2010  

Auto workers are saying, “Enough”

It’s been two years since the financial sector’s recklessness and greed plunged the world economy into recession and cost millions of people their jobs. Now we face stark choices about the kind of future we want.