Magna will acquire factories in Spain, the Czech Republic, Morocco and Mexico.
Expands existing collaboration with solid-state LiDAR technology innovator to advance autonomous vehicle technologies.
Incubators, accelerators, and developers collaborate with industry and academia to nurture research and development.
Manufacturing will be based out of the auto parts giant’s Austrian plant, which has been producing BMW vehicles for 15 years.
Deal increases its capacity to make automotive latches, hinges and other closure components.
Carbon-fiber hoods help meet fuel economy and emissions standards.
Deal is expected to close in the second quarter of this year.
System works with lane keeping, automatic high beam, automatic emergency braking and adaptive cruise control features.
Stadco produces steel and aluminum stampings as well as complex vehicle assemblies; value of deal not disclosed.
German company supplies transmissions to automakers including Ford, BMW, Daimler and Volvo.
A national strategy is necessary to raise Canada’s profile as an automotive manufacturing superstar.
JV to supply body and chassis components to Chinese market.
While there’s been some good work to ensure auto investment grows, the government must do more to ensure the industry thrives.
Scale Up Ventures will connect high growth start-ups with corporate Canada to accelerate innovation.
130,000 square-foot facility will produce welded structural assemblies for global automakers, including Nissan.