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Recent authored articles

Magna says Q2 net income rises 13%, lowers production forecast for tariffs

UPDATED: 08/08/18 10:06 am ET -- New story

Canadian auto supplier Magna International Inc., lowered its full-year production forecast for North America, hurt, in part, by tariffs imposed by the Trump administration.

Magna says Q2 net income rises 13%, lowers production forecast for tariffs

UPDATED: 8/8/18 4:22 pm ET - adds stock close

Magna International reported a 13 percent year-over-year gain in second-quarter net income on record sales, even as it lowered its outlook for 2018 in response to tariffs.

New rides shine like (Cullinan) diamonds

Take Five is a look at five new or upgraded vehicles that are destined for or have recently entered the Canadian market. Here is a sampling of vehicles from Rolls-Royce, Mercedes-Benz, Subaru, FCA and GM.

FCA retooling Brampton assembly's paint shop amid 5-week shutdown

Fiat Chrysler's Brampton, Ont., assembly plant is in the midst of a five-week shutdown as the automaker retools its aging paint shop there. The upgrades are part of a $325 million commitment FCA made to the plant in 2016.

Martinrea is bigger, but the goal is to be better

Martinrea International Inc.'s years-long acquisition spree has cooled.

Dealerships face a problem: Less land, large inventories

Automakers rely more than ever on just-in-time parts delivery to build their vehicles. It's a strategy that could spill over to dealerships as some dealers grapple with reduced lot size and large inventory.

FCA's Canadian plants safe if Chrysler, Dodge die, Unifor says

Unifor President Jerry Dias says he is confident FCA's Canadian plants will survive even though the Chrysler and Dodge brands were left out of the company's five-year business plan last month.

How Canada could compete for new auto investment

For auto assembly to increase its footprint in Canada would mean the government here matching the incentives of the Southern United States or seeing America slap tariffs on vehicles made in Mexico.

Why Magna partnered with GM-backed Lyft on AV advancement

Magna's $200-million investment and partnership with ride-hailing company Lyft is the latest example of auto companies collaborating on self-driving technology.

Disruption coming quickly to used-vehicle market

As technology facilitates rapid change, it will be imperative for automakers, dealers and auctions to keep up and ensure the used-vehicle business remains a major source of dealer profitability.

Dealership atmosphere must be a memorable one for millennials

Because young people shop so often online, they are the most likely to know what they want before they arrive at a dealership.

Former GM Canada boss Steve Carlisle to be missed by many

Former GM Canada President Steve Carlisle's sudden ascent to the head of Cadillac is being met with congratulations and some uneasiness about the future of GM Canada: A Canadian will no longer be at the helm.

Unifor members 'frustrated as hell' and not taking globalization lying down

Unifor President Jerry Dias said the union, which represents 40,000 people in automotive, is bargaining “a lot differently” today than in the past.

Inside GM Canada's waste-free plants

None of GM Canada's manufacturing facilities send waste to landfills, a policy the company said has helped it save money and become more efficient.

Kia moves forward, and buyers are ready to forget the past

Kia wins quality awards, has leading-edge design and exciting new models. All of it helps gain the trust of Canadian buyers.

Battle is brewing for truck supremacy in Canada

A flurry of new and redesigned full-size pickups entering the Canadian market, combined with more midsize trucks and offerings from Japan-based automakers, will widen the battlefront for market share in one of the industry's...

Lear workers ratify 4-year contract at Ontario plant that had been targeted for closure

UPDATED: 05/04/18 6:41 pm ET -- new story

Workers at Lear Corp.'s Ajax, Ontario, seating plant ratified a new four-year labour contract on Friday evening, just two days after the company threatened to close the plant.

Lear to close Ajax seating plant after Unifor rejects contract offer

UPDATED: 05/03/18 4:32 pm ET -- Adds FCA shutdown

Lear Corp. says it will close a seating plant in Ajax, Ont., after union members there rejected the a tentative contract offer on May 1.

AutoCanada Q1 net income jumps 31% to $4.8M

AutoCanada Inc.’s net income jumped 31 per cent in the first quarter from a year earlier, even as revenue and vehicle sales at Canada’s only publicly held dealership group declined.

Lear reaches tentative deal with striking workers at Ontario plant

A tentative labor agreement was reached at a Lear facility in Ajax, Ontario, where a three-day strike caused a production slowdown at a nearby Fiat Chrysler assembly plant.

Lear reaches tentative deal with striking workers at Ontario plant

A tentative labor agreement was reached at a Lear facility in Ajax, Ontario, where a three-day strike caused a production slowdown at a nearby Fiat Chrysler assembly plant.

VW Canada CEO focused on future now that diesel scandal is 'history'

The diesel emissions scandal is “history” to Volkswagen Canada CEO Daniel Weissland. Now it's his job to help repair the automaker's image in Canada.

AutoCanada's purchase of Chicago group just start of U.S. expansion

AutoCanada hopes to use earnings from the Illinois dealership group it recently acquired to fuel more growth in the United States, CEO Steven Landry said.

Infiniti Lab returns to Toronto in search of tech partners

Infiniti Lab, the luxury brand's startup accelerator program, will return to Toronto for the second consecutive year, giving tech businesses a chance to vie for funding and potential partnerships with the automaker.

Hydrogen superior to battery-electric vehicles, says Hyundai Canada CEO

Hyundai Canada CEO Don Romano says that hydrogen-powered electric vehicles could ultimately prove to be more convenient to operate than battery-powered EVs.


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