CanadaChrysler records best Feb. in Canada since 2000 1:44 pm U.S. ET | March 1, 2013  Chrysler Canada recorded a 2 percent rise in Canadian vehicle sales last month, selling the most vehicles in any February since 2000 and extending its streak of year-over-year gains to 39 consecutive months.... Read More »
Magna raises its forecast for 2013 N.A. production by 500,000 units 5:31 am U.S. ET | March 1, 2013  North America's largest auto supplier today bumped its 2013 forecast for auto production on the continent by 500,000 vehicles to 15.8 million units. Canada's Magna International also upgraded its North American profit and revenue projections as auto sales continue to climb in the key U.S. market.... Read More »
BMW-loving Canadians pile up auto debt 12:01 am U.S. ET | Feb. 13, 2013  When it comes to borrowing for a new Porsche or BMW, Canadians aren't holding back. Canada's major banks have more than tripled their lending to car buyers since 2007, the year before the global credit crisis struck, and automakers are increasing dealer financing.... Read More »
PRODUCTION Jan. output rises 7% 12:01 am U.S. ET | Feb. 11, 2013 North American car and truck production in January was up 7 percent from January 2012, with 1,329,381 units built.... Read More »
Supplier Linamar searching for talented hires as business surges 12:01 am U.S. ET | Feb. 9, 2013  Linamar, the third-best performing auto supplier stock in the past year, says the biggest obstacle to its goal of tripling revenue and boosting profit seven-fold is finding skilled workers willing to earn C$80,000 ($80,000) a year.... Read More »
PRODUCTION VW Mexico plant is tops in '12 12:01 am U.S. ET | Feb. 4, 2013 Volkswagen AG's Puebla, Mexico, factory led all North American assembly plants in output in 2012, producing 605,508 units, up 19 percent.... Read More »
Detroit 3 boost Canada sales in January 2:43 pm U.S. ET | Feb. 1, 2013  The Detroit 3 automakers posted gains last month in Canada, helped by demand for fuel-efficient passenger cars and mirroring robust sales in the United States last month.... Read More »
GM looks for early contract talks at CAMI plant, CAW says 1:31 pm U.S. ET | Jan. 21, 2013  The CAW is recommending workers at a General Motors plant accept what it says is the automaker's request to open labor talks months ahead of a September contract expiry, believing it could help secure jobs at the southern Ontario site.... Read More »
PRODUCTION Output rises 18% in 2012 12:01 am U.S. ET | Jan. 21, 2013 Based on an almost-complete report, North American car and light-truck production in 2012 rose 18 percent, or 2.4 million units, to a preliminary 15,853,026. It was the third straight annual gain and the highest total since 15,972,020 in 2008.... Read More »
Honda recalls 777,000 Odyssey, Pilot vehicles in North America 1:01 pm U.S. ET | Jan. 18, 2013  Honda said it is recalling 777,000 late-model Pilot and Odyssey vehicles in the United States and Canada due to a problem with the deployment of driver's side airbags.... Read More »
PRODUCTION N.A. output dips in Dec. 12:01 am U.S. ET | Jan. 14, 2013 North American car and truck production in December slipped 2 percent from December 2011, to 1,023,166 units. It was the first monthly year-to-year decline in 19 months. December 2012 had two fewer production days than December 2011.... Read More »
Canada to invest $254 million in auto industry to spur jobs 1:43 pm U.S. ET | Jan. 4, 2013  Canada will invest $253.69 million in the country's auto industry, Prime Minister Stephen Harper said on Friday, as Ottawa tries to encourage private sector investment and create manufacturing jobs.... Read More »
Ford stays on top in Canada; Chrysler passes GM as No. 2 4:22 pm U.S. ET | Jan. 3, 2013  Ford was the top-selling automaker in Canada for the third year in a row in 2012 but Chrysler, boosted by demand for its fuel-efficient passenger cars, knocked GM from the second spot.... Read More »
GM offers employee pricing in Canada 2:06 pm U.S. ET | Dec. 20, 2012  GM, which began offering higher incentives in United States in an effort to clear out its bloated supply of pickups, now is also offering incentives on its pickups in Canada despite a much lower supply there.... Read More »
New Camaro production to be moved from Canada to Mich. 12:19 pm U.S. ET | Dec. 19, 2012  General Motors plans to move production of the next-generation Chevrolet Camaro to Michigan from Canada. The Camaro, currently made in Oshawa, Ontario, will be built at the Lansing Grand River Assembly Plant in Lansing, Mich., GM said today in a statement.... Read More »
Canada: No plans to sell GM stake now 11:56 am U.S. ET | Dec. 19, 2012  Canada has no immediate plans to sell its stake in General Motors, Finance Minister Jim Flaherty said on Wednesday following news the U.S. Treasury will sell its entire stake in GM over 15 months, but he said the stake will be sold eventually.... Read More »
VW says it will resume Routan production in 2013 2:33 pm U.S. ET | Dec. 17, 2012  Volkswagen today wiped out rumors of the Routan's demise, saying that production of the Chrysler-built minivan should resume by summer 2013. Executives from Volkswagen and Chrysler Group spoke on Friday about the Routan, a redesigned version of the Chrysler Town & Country that Chrysler assembles in Windsor, Ontario.... Read More »
Honda to become 'net exporter' of vehicles from North America 4:04 pm U.S. ET | Dec. 5, 2012  Honda, Japan's first automaker to build cars in the United States, said it expects to export more cars and light trucks from North America than it imports to the region within two years.... Read More »
Fiat Polish plant wins automaker's first gold efficiency awardDec. 5, 2012 13:30 CET  A Fiat engine plant in Poland has become the first manufacturing facility to receive a gold award under the company's World Class Manufacturing system for factory efficiency.... Read More »
Ford, Chrysler Canadian sales climb in November while GM drops 3:26 pm U.S. ET | Dec. 3, 2012  New vehicle sales at both Ford Motor of Canada and Chrysler Canada made big gains in November, lifted by strong consumer demand for cars and growth in the Canadian auto industry.... Read More »
Ontario finance minister calls on Canada, Ontario to sell GM stake 11:21 am U.S. ET | Nov. 30, 2012  The Canadian and Ontario governments should sell their stake in GM, which is equal to about 9 percent of the company's shares, sooner rather than later, the province of Ontario's finance minister is quoted as saying in a report in the Globe and Mail on Friday.... Read More »
NICK BUNKLEY Sell while you still can! Dealer cashes in on end-of-the-world sale 2:04 pm U.S. ET | Nov. 27, 2012  Armageddon is scheduled for Friday, Dec. 21, which means the whole presidential campaign was just a big waste of time. It also means the next few weeks are prime car-shopping time. After all, dealers can't take their unsold inventory to the afterlife, and consumers don't want to spend their final month driving a 2001 Dodge Stratus with a dented rear bumper.... Read More »
PRODUCTION N.A. output up 16% in Oct. 12:01 am U.S. ET | Nov. 12, 2012 North American car and truck production in October rose 16 percent from a year earlier to an estimated 1,484,816 units. It was the highest monthly total of 2012.... Read More »
GM Canada production returns to normal as Lear strike ends 11:28 am U.S. ET | Oct. 30, 2012  General Motors said production at its Oshawa, Ontario, assembly plant returned to normal today after a two-day strike at a Lear parts plant in Ontario ended and Lear's supply of car seats to GM was restored.... Read More »
GM production in Canada could be interrupted by CAW strike 2:41 pm U.S. ET | Oct. 29, 2012  Production at GM's Oshawa, Ontario, plant could shut down later today as a strike at Lear cut off supplies of seats used in vehicles assembled there, the Canadian Auto Workers said.... Read More »
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