Canada

Noi Mahoney Wednesday, July 17, 2019

Record number of Mexican-made vehicles cross borders to be sold in North American, Asian markets

Mexican factories exported a record-breaking 1.74 million vehicles worldwide during the first six months of 2019.  The majority of those vehicles – 1.37 million – were shipped north across the border to the United States, according to data recently released by Mexico’s Asociacion Mexicana de la Industria Automotriz (AMIA).  “The United States remains, without a […]

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Thursday, June 27, 2019

Air Canada to buy Transat

Air Canada (TSE:AC) will acquire Transat A.T. (TSE:TRZ), the parent company of Canada’s third-largest airline, strengthening its position as the country’s dominant carrier.  The companies announced on June 27 that they had reached a final agreement for Air Canada to pay C$520 million, or C$13 per share for Transat. (A Canadian dollar equals US$0.76.) Negotiations […]

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