auto manufacturing
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Business
Magna beats expectations in fourth quarter, but coronavirus risks loom
Higher margins from completed vehicles help offset hit from GM strike as Canadian auto manufacturer warns of potential impact of coronavirus.
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American Shipper Infographics
This Week’s Forecast February 17-21, 2020
Manufacturing outlook: The coming week will give some insights into the outlook for manufacturing activity in the Northeast region via the Empire State Manufacturing Index.…
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Autonomous Vehicles
Magna shutting off costly partnership with Lyft
Canadian auto manufacturer says it will stop developing self-driving technology with the U.S. ride-sharing company as it announces lower sales outlook for 2020.
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Canada
Canadian manufacturing took hit during GM strike
Plunge in vehicle and auto parts shipments drive broader softness as manufacturing sales drop 0.7% in October.
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Canada
Ford to cut production, jobs at its largest Canadian plant
Automaker reducing output and laying off about 450 workers at Oakville, Ontario, facility as its phases out Ford Flex and Lincoln MKT models, adding to…
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International
Toyota, key supplier to invest nearly $800 million in San Antonio manufacturing facilities
Toyota recently announced a $391 million investment at its Tacoma and Tundra assembly plant in San Antonio. In addition, Aisin AW, a Japanese auto supplier…
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International
Mexico suffers sharp drop in auto production, exports
Mexico, one of the biggest exporters of vehicles in the world, experienced a 12.7% drop in total vehicle exports in August from a year ago.…
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Business
Fiat Chrysler proposes merger with Renault to form third-largest auto manufacturer
Fiat Chrysler submitted a proposal for a merger with French automaker Renault to create a preeminent global automotive group.
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