Industry News

St. Catharines engine plant to get massive invesment

Tuesday April 27, 2010 - 8:04 am

Plant receives part of $890 million the automaker is investing in plant upgrades

Ford reports $2.1 billion profit in Q1

Tuesday April 27, 2010 - 8:04 am

The company also said it was profitable outside its biggest market with solid gains in Asia, South America and Europe

Mitsubishi posts gains in March

Monday April 26, 2010 - 8:04 am

The Japanese manufacturer sees a more than 100 per cent jump in global production in March marking its fifth consecutive monthly increase

VW pleased with Q1 results

Friday April 23, 2010 - 10:04 am

Audi set a company record with 264,100 vehicles delivered worldwide – good enough for its best first-quarter performance ever

GM debt repayment proof of industry recovery: Lewenza

Thursday April 22, 2010 - 9:04 am

Union boss says it is further proof the money for the auto industry was a loan and not a bail-out

Fiat's five-year plan

Thursday April 22, 2010 - 8:04 am

The company believes diverging interests will keep the auto sector light and limber

Solid showing for Chrysler in Q1

Wednesday April 21, 2010 - 10:04 am

The automaker posted net revenues of over CDN$9 million and an operating profit of more than $142 million

GM to give $1.1 billion to Canadian, Ontario governments, report says

Tuesday April 20, 2010 - 10:04 am

But the payment does not stop at the border, as the automaker confirms it will be handing over $4 billion to the US government

Consumer Reports prompt Lexus recall

Tuesday April 20, 2010 - 8:04 am

The “voluntary safety recall” affects roughly 446 2010 models and stems from issues with the vehicle stability control system first noted in independent tests last week

Two more recalls for Toyota Canada

Monday April 19, 2010 - 12:04 pm

Certain Highlander, Tundra models hit with 'voluntary safety recall' for floor mat issues