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News Automotive Manufacturing General
September 20, 2018  

Magna sells FP&C business to South Korea’s Hanon Systems for $1.23B

Powertrain unit will focus on transmission and other driveline-related systems.

News Automotive Manufacturing General Technology
October 18, 2017  

Magna deal with Huaya Automotive powers NEVs in China

Joint venture to produce electric-drive powertrain for a German automaker.

News Automotive Manufacturing General
September 27, 2017  

Toyota investing $374M at five of its US factories to support hybrid powertrain

Part of a previously announced $10 billion in US spending announced by the Japanese automaker.

News Automotive Manufacturing General Technology
June 5, 2014  

Magna to supply AWD system on Mercedes-Benz GLA

System reduces drag to lower CO2 emissions.

News Automotive Manufacturing Transportation Business Operations General Operations
May 7, 2014  

Linamar rides record revenues to big Q1 profit increase

Revenues surpass $1 billion, a 23.2% increase over the same period in 2013.

News Automotive Business Operations Facilities Maintenance Operations Production Sustainability Technology
December 17, 2013  

Inside GM’s huge investments in five US facilities

$1.3 billion investment brings automaker’s total spending on US manufacturing plants to $2.8 billion in 2013.

News Automotive Metals Transportation Business Operations Facilities Maintenance Operations Technology
October 1, 2013  

AirBoss acquires Flexible Products for $51M

Newmarket manufacturer adds anti-vibration technology to its product line.

News Automotive Business Operations Operations
August 10, 2012  

Azure Dynamics to sell patent portfolio under CCAA process

Produces hybrid components, powertrain systems for commercial vehicles

News Energy Manufacturing Business Operations Sustainability
February 8, 2012  

TM4 partners with China’s Prestolite to electrify Asian market

Hydro-Quebec subsidiary was recently awarded $3.1 million to develop electric powertrains.

News Automotive Manufacturing Transportation Business Operations Operations Technology
January 9, 2012  

Nissan, Mercedes team for North American engine production

New agreement marks the first time in its history that Mercedes vehicles will contain components made on North American soil.

News Automotive Business Operations Operations Production Technology
August 22, 2011  

Ford, Toyota collaborate on new hybrid system

Ford Motor Co. and Toyota Motor Corp. are going 50-50 on the joint development of a new hybrid system for light truck and SUVs.