Can U.S. back up tough talk on NAFTA?Aug. 19
To deliver on its promises, the Trump administration will need the cooperation of the U.S. business community and key members of Congress. Both groups sought to distance themselves from the president last week.
Windshield maker Pilkington Glass plans $4.3M expansion in OntarioAug. 17
Pilkington Glass Canada will be able to build 2.6 million windshields per year, up from the 1.8 million currently. The company will also add 58 jobs at its Collingwood, Ont., plant.
Jobs, supply chain, growth: Why auto is an important part of NAFTAAug. 17
An increase in production of auto parts in North America, including "substantial" U.S.-made parts, is a major issues for the United States. Canada says any changes would have to be made with care.
Magna car factory in Slovenia moves closer with paint plant approvalAug. 14
Canada-based Magna International has won approval from Slovenia's environment agency to start building a paint factory in the eastern European country, the first phase of a potential C$2.24 billion investment.
Magna, other suppliers keep a cautious eye on EV prospectsAug. 11
Some of the world's top auto-parts suppliers, including Canada's Magna International, aren't buying all the enthusiasm about the electric vehicles hyped by Tesla CEO Elon Musk and larger automakers trying to keep up.
Magna Q2 profits hit record on 3% revenue gainAug. 11
Magna International Inc. reported record second-quarter net income of $561 million, up 0.5 per cent from a year earlier. Sales in Asia surged 10 per cent while they were up only slightly in North America.
Feds give Canadian tech company $2.7M to bring windshield coating to marketAug. 11
A Canadian company that has developed a clear coating it says can defog and defrost a windshield without the use of the vehicle's fan is getting $2.7 million from the federal government to help bring the technology to market.
Hackers looking to shut down auto suppliers for payAug. 9
Auto parts suppliers are increasingly becoming the targets of cyber-criminals looking to hold companies hostage through malicious computer viruses. Canadian companies are preparing defences.
Martinrea's adjusted Q2 profits rise 26% on efficiency gainsAug. 8
Ontario metal parts supplier Martinrea posted a boost in net income and profit margins during the second quarter after taking one-time charges for closing a plant in Detroit a year ago.
Software a key to Magna becoming 'total vehicle-capable organization'Aug. 4
Canada's Magna International, North America’s largest parts supplier, is becoming more of a software company on some levels, says one of its top autonomous vehicle managers.
Electric, autonomous vehicles present uncertain future for suppliersAug. 7
At a gathering of auto executives and thought leaders last week, many of them sounded far from certain that the future of autonomous and electric vehicles is clear-cut. Instead, the industry faces a high-stakes moment.
Suppliers urge government help to establish 'smart' infrastructure for AVsAug. 7
Continental and Canada's Magna International say governments need to upgrade infrastructure that would allow autonomous vehicles to be more efficient and safer on the roads. Politicians say work has started.