CanadaFord to maintain Canadian factory footprint despite high labor costs 12:49 pm U.S. ET | May 21, 2013 Ford is confident it can preserve its manufacturing profile in Canada despite uncompetitive operating costs tied to the high Canadian dollar, the company's top executive in the country said today.... Read More »
Toyota plant in France starts Yaris output for U.S.May 16, 2013 14:48 CET Toyota Europe has started making the Yaris for North American export at its plant in Valenciennes, France, marking the first time the automaker's European-built models have been exported to the United States and Canada.... Read More »
Toyota plant in France launches Yaris output for U.S. 8:48 am U.S. ET | May 16, 2013 Toyota Europe has started making the Yaris for North American export at its plant in Valenciennes, France, marking the first time the automaker's European-built models have been exported to the United States and Canada.... Read More »
Magna hikes full-year forecast on strong Q1 profitMay 13, 2013 06:01 CET Magna International has hiked its full-year sales forecasts after posting a better-than-expected profit and a 9 percent rise in revenue in the first quarter.... Read More »
N.A. April output up 14% 12:01 am U.S. ET | May 13, 2013 North American car and truck production in April rose 14 percent from the year-earlier month to 1,474,599 units, the highest for any April since 2002.... Read More »
Magna stock hits record high as Q1 profits improve, forecast rises 9:56 am U.S. ET | May 10, 2013 Magna International shares hit a record high today as the Canadian supplier hiked its full-year sales forecasts after posting a better-than-expected profit and a 9 percent rise in revenue in the first quarter.... Read More »
Pickups help Detroit 3 gain ground in Canada 2:00 pm U.S. ET | May 1, 2013 Canadian sales rose for the three Detroit automakers, led by strong sales for pickup trucks. Ford was the top-seller in Canada in April as sales rose 16 percent to 27,907 vehicles. Chrysler was second, at 25,745 vehicles, up 5 percent, barely edging out GM's 25,071 vehicles, up 19 percent.... Read More »
GM pulls Chevrolet ad that includes song labeled as racist 2:29 pm U.S. ET | May 1, 2013 GM apologized for a Chevrolet ad that included a song referring to "the land of Fu Manchu" where all of the girls sing "ching, ching, chop-suey," which one Chinese newspaper called racist. The ad ran in Canada and never appeared in China.... Read More »
Magna founder Stronach aims to reshape Austria's politicsApril 29, 2013 06:01 CET Frank Stronach, 80, has no interest in retiring after building Magna into a top supplier. He has launched anew political party, Team Stronach, in Austria.... Read More »
A modest retirement goal: Reshape Austria's politics 12:01 am U.S. ET | April 29, 2013 White-haired, tanned and vigorous at 80, Frank Stronach clearly has zero interest in retiring after building North America's biggest auto parts company. He now intends to jolt politics in his native Austria.... Read More »
PRODUCTION Toyota plant led March output 12:01 am U.S. ET | April 29, 2013 The top 10 plants in North America in March, ranked by output, were Toyota Georgetown, Ky., Volkswagen Puebla, Mexico, Nissan Smyrna, Tenn., Honda Marysville, Ohio, Honda Alliston, Ontario, Hyundai Montgomery, Ala., Ford Louisville Assembly, Ford Dearborn (Mich.) Truck Assembly, Kia West Point, Ga., and Nissan Aguascalientes, Mexico.... Read More »
Canada's grasp on auto investments wanes as loonie strengthens 12:01 am U.S. ET | April 27, 2013 Within the past five years, GM moved the production of its trucks and Buick LaCrosse sedan in Oshawa, Ontario, to the United States. While the 323-horsepower Camaro is still made in Canada, GM said the next generation of its top-selling sports car will be built in Lansing, Mich.... Read More »
Transplants keep rolling in N. America 12:01 am U.S. ET | April 22, 2013 The rise of foreign automakers in North America gained huge momentum during the dark days of the recession, accelerating the decline of Detroit 3 dominance. Today 39 percent of all auto company employees in North America work for companies other than the Detroit 3, according to an Automotive News survey.... Read More »
PRODUCTION March production dips 3% 12:01 am U.S. ET | April 8, 2013 North American car and truck production in March fell 3 percent from a year earlier to an estimated 1,406,212.... Read More »
Ford, Chrysler see Canadian sales climb; GM falls 12:43 pm U.S. ET | April 2, 2013 New vehicle sales in Canada at both Ford and Chrysler accelerated in March, lifted by strong demand for pick-up trucks, the companies said today. GM sales fell 11 percent during the month.... Read More »
PRODUCTION Jetta cracks Feb. top 10 list 12:01 am U.S. ET | April 1, 2013 The top 10 vehicles built in North America in February were the Ford F series, Chevrolet Silverado, Honda Accord, Honda Civic, Toyota Camry, Ram pickup, Nissan Altima, Ford Escape, Honda CR-V and the Volkswagen Jetta (sixth generation).... Read More »
PRODUCTION VW Puebla led in Feb. output 12:01 am U.S. ET | March 25, 2013 The top 10 plants in North America in February, ranked by output, were Volkswagen Puebla, Mexico; Honda Marysville, Ohio; Toyota Georgetown, Ky.; Nissan Smyrna, Tenn.; Honda Alliston, Ontario; Hyundai Montgomery, Ala.; Ford Louisville Assembly; Kia West Point, Ga.; Ford Hermosillo, Mexico; and Ford Dearborn (Mich.) Truck Assembly.... Read More »
CAW postpones contract vote at GM's CAMI plant 3:19 pm U.S. ET | March 22, 2013 The CAW has canceled a ratification vote for members at a General Motors assembly plant in Ingersoll, Ontario, originally scheduled for this Sunday, a union representative said.... Read More »
GM aims to spend $38 million on Michigan plant where it plans to move Camaro output 5:11 pm U.S. ET | March 14, 2013 GM wants to invest more than $38 million in a Lansing, Mich., plant where it plans to move Chevrolet Camaro production.... Read More »
Chrysler slows minivan production at Canada plant 3:01 pm U.S. ET | March 11, 2013 Chrysler Group has slowed production at its minivan plant in Windsor, Ontario, this week. The plant's three shifts will work four-hour shifts instead of eight-hour shifts for at least the next week making the Chrysler Town & Country and Dodge Grand Caravan minivans.... Read More »
PRODUCTION N.A. output is flat in Feb. 12:01 am U.S. ET | March 11, 2013 North America car and truck production in February was essentially flat compared with a year earlier, edging up 2,508 units to 1,358,217.... Read More »
GM investing $250 million in CAMI plant's body shop 1:03 pm U.S. ET | March 8, 2013 General Motors is investing $250 million in an Ontario assembly plant to support future vehicle production. The automaker today said it's installing flexible body shop equipment and tooling at the CAMI Assembly Plant in Ingersoll, Ontario, which builds the Chevrolet Equinox and GMC Terrain crossovers.... Read More »
Linamar profits rise 14 percent in Q4 3:25 pm U.S. ET | March 7, 2013 Linamar, Canada's second-biggest auto parts maker, reported a 14 percent rise in fourth quarter earnings on Wednesday, helped by higher demand in the United States and Asia, although results were tempered by softer demand in Europe.... Read More »
PRODUCTION Georgetown leads Jan. output 12:01 am U.S. ET | March 4, 2013 The Top 5 assembly plants in North America in terms of vehicle output in January were Toyota Georgetown, Ky.; Honda Marysville, Ohio; Honda Alliston, Ontario; Volkswagen Puebla, Mexico; and Hyundai Montgomery, Ala.... Read More »
China gains greater share of automakers' investments 3:24 pm U.S. ET | March 1, 2013 China boosted its share of automakers' global spending on capacity increases last year, while Mexico again attracted the bulk of North American investment, a university study says.... Read More »
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Toyota's Lentz: Camry in a 'three-horse race'Toyota's Jim Lentz says the Camry will fend off main rival Honda Accord and upstarts such as the Ford Fusion... Mon., May 20» Watch the Video |
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