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Auto Parts Canada News
Auto parts maker Timken shuttering 150-employee plant in St. Thomas, Ont.
ST.THOMAS, Ont. - Auto parts producer Timken Co. (NYSE:TKR) says it is closing a plant in St. Thomas, Ont. in about a year, which will result in job losses for some 150 active employees.
Read more...Timken to shut down 150-employee Ontario auto parts plant
Auto parts producer Timken Co. says it is closing a plant in St. Thomas, Ont. in about a year, which will result in job losses for some 150 active employees
Read more...Linamar Outpaces Magna in Canada Auto Recovery Race
Canada is home to the largest auto parts maker in North America and one of its smallest. So far this year, the promise of expansion is helping Linamar Corp. (LNR) outperform Magna International Inc., a company 10 times its size in sales, as both warm to an auto sector recovery.
Read more...Canada retail sales signal modest growth
OTTAWA (Reuters) - Canadian retail sales bounced back in March after a weak February, but sales looked soft excluding the auto sector, and the figures sent mixed signals about first-quarter growth. The 0.4 percent increase in retail sales, reported by Statistics Canada on Wednesday, showed consumers spent more after a weak start to the year, but did not quite resume their 2011 role as the main ...
Read more...Canada's ranking as global auto exporter is slipping
WINDSOR, Ont. -- Global auto sales are improving, but the inability of Canadian suppliers to make inroads in the fast-growing markets of Asia and Latin America is undermining Canada’s position as a major auto parts producer, according to a study by Scotia Economics.
Read more...Aftermarket Auto Lighting Company Fined $1.5 Million for Price-fixing
OTTAWA, ONTARIO-- - The Competition Bureau announced that Maxzone Auto Parts Corp. pleaded guilty yesterday for its role in an international cartel involving the sale of aftermarket replacement automotive ...
Read more...How the Czechs, Spaniards, Koreans and Chinese bounced Canada in auto part exports
Canada's ranking as a global auto parts exporter has slipped out of the top 10, says Scotia Economics
Read more...