Material prices hammer industryOct. 13, 2018
Automakers building cars in the United States get most of their steel from North America, but certain types — such as stainless and electrical steel — are imports subject to the 25 per cent U.S. tariff.
Ford to build additional 350 GT supercars, extend production by 2 yearsOct. 18, 2018
Ford had previously announced plans for 1,000 GTs through the 2020 model year. It now says 1,350 cars will be made through 2022. The cars are built by Multimatic Inc. in Markham, Ont.
Canadians still sore as metal tariffs lingerOct. 6, 2018
The new North American trade pact may have patched up one open trade wound, but for Canadian auto businesses, tariffs on steel and aluminum remain a festering sore.
2 Canadian companies among 35 finalists for 2019 Automotive News PACE AwardsOct. 12, 2018
Two Canadian companies are among the 35 finalists for the 2019 Automotive News PACE Awards, which recognize auto-parts suppliers specializing in sensor technology, artificial intelligence and connected mobility.
Magna founder Frank Stronach sues family, alleges mismanagement of assetsOct. 10, 2018
Frank Stronach, who started the auto parts business Magna International, and his wife, Elfriede, have launched a lawsuit against his daughter and others in Ontario Superior Court and said they have done so as a last resort.
Magna opens Czech plant to serve BMW in EuropeOct. 11, 2018
Magna International has opened a new seating factory in the Czech Republic that will employ 300 people and supply BMW in Europe.
Linamar CEO sees new trade pact spurring more work from automakersOct. 9, 2018
Increased North American content rules in the USMCA will give suppliers such as Guelph, Ont.-based Linamar the opportunity to gain more work from the automakers closer to home, Linamar CEO Linda Hasenfratz said.
All in a day's workOct. 1, 2018
Security professionals lament that industries tend to underappreciate the risks they face until a major hack or breach jolts them awake. On July 1, a Canadian robotics supplier received just such a jolt.
Canada a non-starter for possible Magna Steyr plantOct. 1, 2018
Magna International CEO Don Walker has said many times the company isn't "adding capacity in Canada." It appears that's still the case as the supplier's subsidiary Magna Steyr considers expansion.
Subaru recalls 30,600 Legacys, Outbacks for faulty electronic parking brakeOct. 5, 2018
Subaru is recalling certain 2010-14 Legacy and Outback models equipped only with a manual transmission for a potentially faulty electronic parking brake. The recall affects 3,486 vehicles in Canada.
Honda to invest US$2.75 billion in GM's Cruise autonomous vehicle unitOct. 3, 2018
Honda will invest US$2.75 billion into General Motors' autonomous vehicle operations. The Japanese automaker will receive a 5.7 per cent stake in GM Cruise.
Vietnam's VinFast taps Magna Steyr, other suppliers to become a global playerOct. 2, 2018
Vietnam's first domestic automaker, VinFast, is leveraging Pininfarina's Italian design along with German and Austrian engineering and manufacturing expertise, including Magna's, for its first two production vehicles.