My Neighborhood is #CivicNation, And It Isn't An Anomaly
We live on a small cul-de-sac with 19 other families. Until this past weekend, there were 33 vehicles parked in our street’s 20 driveways, not including the always different manufacturer-supplied press car parked in front of GCBC Towers.
But one family that already owned one Honda Civic just doubled the size of its fleet with another Civic, and in so doing also doubled the number of driveways on our 20-home street with two Honda Civics. This brought the total number of Honda Civics on our small cul-de-sac to nine, equal to a 26 percent share of the market.
Yes, it’s an extreme version of a typically Canadian story. Assembled in Honda Canada’s plant in Alliston, Ontario, the Civic is a long-running powerhouse, a reality intensified in our decidedly non-premium, working class community.
Meanwhile, the Honda Civic is climbing the leaderboard in the United States, as well.
Isn't It Ironic? Buick Verano Cancellation Timing Is Off In Canada
He won the lottery and died the next day” – Alanis Morissette
General Motors’ Buick Verano didn’t make it to 98, but after turning the grand-old age of 5, the entry-level Buick sedan will join a congregation of defunct Buicks in Detroit’s vehicular graveyard. It would seem easy enough for the second-generation Verano to make its way over from China, where Buick is GM’s darling brand. In the interests of products that GM believes will produce higher U.S. volumes with superior margins, namely E-badged crossovers, the Verano’s North American days are over.
It’s not too difficult to understand why. In the United States, Buick reported 45,527 Verano sales in the model’s second full year, 2013. Just two years later, Verano volume in 2015 was down 30 percent from that peak. Buick is on track in 2016 to sell fewer than 27,000 Veranos in America. Sales of Buick’s more popular entry-level model, the Encore subcompact crossover, are up 21 percent this year. Already in 2016, through only five months, Buick has sold 30,330 Encores in the United States.
Yet north of the border, the Verano’s demise is indeed ironic. Just days before Automotive News revealed that GM would end the Verano’s North American run with an abbreviated 2017 model year, GM Canada revealed that Verano sales had risen to an all-time high in April.
Dias: 'Oh, There Will Be' a Strike If Oshawa Not Allocated Future Products
Jerry Dias, president of Unifor, the union that represents workers at Detroit Three operations in Canada, has stated in no uncertain terms there will be a strike if Oshawa is not given a mandate to produce vehicles beyond 2017, reports the Financial Post.
The latest barb comes before a scheduled press conference this Friday when General Motors Canada is expected to announce 1,000 engineering jobs for the company’s connected and driverless vehicle research and development.
What Will GM Announce This Friday in Oshawa?
Yesterday, General Motors issued a release stating it will announce big news in Oshawa on Friday. According to The Star, that announcement will include 1,000 new jobs at GM’s engineering center, which now focuses on driverless and connected vehicles.
However, the announcement comes as uncertainty swirls around GM’s Oshawa Car Assembly Plant, a facility that many analysts believe is slated for closure.
When Your Lamborghini Doesn't Hold All Your School Supplies…
That’s the sound of a sad trombone playing.
Dodgy offshore tax havens get a lot of press lately, but what about mass movements of capital to friendlier shores that hide in plain sight? The New York Times has a heartbreaking story today of young Chinese adults in Vancouver, Canada who just can’t figure out what to do with all that cash their fathers earned.
They do know one thing it’s good for: obscene quantities of ultra-high-end cars.
TTAC News Round-up: Volkswagen's Plans Paltry Payout, Sergio Talks up Players, and a NASCAR Driver's Busted
You Still Want to Buy a Volkswagen TDI? Sign Here
The fuel cost savings of a diesel vehicle can be huge for those who eat up highway miles. However, with Volkswagen’s voluntary stop sale of those vehicles implicated in the diesel emissions scandal, you may think you can’t buy one from a Volkswagen dealer.
You’d be wrong.
According to a source who spoke to TTAC under the condition of anonymity, Volkswagen dealers are still able to sell an affected diesel vehicle should it meet certain conditions: that it not be a “certified pre-owned” (CPO) or new vehicle, and that the buyer signs a disclaimer stating they understand the vehicle being purchased pollutes more than government compliance tests initially indicated.
Honda Orders Stop Sale of 2016 Civic, 2-liter Engine to Blame
CivicX is reporting that Honda has ordered a stop sale on all 2-liter four-cylinder-equipped 2016 Honda Civics. To blame: piston pin snap rings, which may be incorrectly installed or not installed at all.
This is the first recall of Honda’s tenth-generation Civic and includes 33,735 units in the United States and an additional 8,000 units in Canada. The recall has not yet been disclosed by the National Traffic Highway Safety Administration or Transport Canada.
According to an official Honda communication to dealers, the missing or incorrectly installed piston pin snap rings “may cause engine stall or failure.”
Who Will Build Sergio's Next Dodge Dart and Chrysler 200?
FCA’s sweater-in-chief Sergio Marchionne has a plan to turn around the debt-laden and ailing automaker: stop building cars that lose money. That sounds like common sense, so long as oil prices stay low and the demand for trucks, SUVs and crossovers remains high.
But that plan introduces a new set of problems, chief among them the fact that ditching the car market leaves FCA exceptionally exposed to future volatility in oil prices. Crude prices affect prices at the pump, which affects the demand for certain types of vehicles. Sergio is betting oil prices will stay low by focusing on vehicles with ever-increasing price tags and ever-growing gas tanks.
Still, there will always be some demand for small cars. It was true in 1950 and it is true today. So what will Mr. Sweater do to meet that demand? Simple: he’ll buy those vehicles from another automaker and badge engineer them the old-fashioned way.
Ontario Says No to 'Fire' Sales, Refuses to Give Convicted Arsonist Dealer License
If we were all judged solely by our mistakes, we couldn’t elect anyone president. Having said that, maybe it’s good to give a little time between jail terms and licensed professions — especially when you were convicted in a firebombing directly related to that same profession.
An Ontario Superior Court overturned a lower court’s ruling to grant a vehicle sales license to a man just four days after his release from a federal prison, according to the Ontario Motor Vehicle Industry Council. The man was sentenced to jail for hiring another man to set fire to a New York State Department of Motor Vehicle office and a DMV inspector’s car while the applicant was a car dealer in Buffalo, New York.
According to the court, the man lied about his jail term and the circumstances regarding his case. Prior to the Superior Court ruling, the man was rejected by local authorities for a license, but successfully appealed the ruling in a lower court.
Mitsubishi Mirage G4 Sedan is Coming, On Sale This Spring in US
Mitsubishi in Canada on Monday posted a teaser shot of the rear end of the new Mitsubishi Attrage that’ll make its debut in Toronto at the 2016 Canadian International Auto Show next month before it goes on sale in the U.S. and Canada.
Mitsubishi’s spokesman John Arnone posted a picture of himself standing next to the sedan at a shoot in Vancouver, which doesn’t really leave much to question. It’s clearly the small sedan, which will be one of two new models bound for Canada and the U.S. in 2016.
Perhaps next we’ll get a teaser of the Outlander PHEV’s roof with a Tim Horton’s coffee cup sitting on it. Thrilling stuff.
General Motors' Latest on Oshawa Plant: \_()_/
General Motors CEO and Chairwoman Mary Barra met with Canadian government officials in Davos, Switzerland on Thursday, but didn’t reveal any specifics for the automaker’s languishing Oshawa, Ontario plant, according to CTV News.
Barra spoke with Navdeep Bains, Canada’s economic development minister, before she met with new Prime Minister Justin Trudeau. Bains promoted Oshawa as a place for GM to build cars and develop technology for future cars. The Oshawa plant currently produces several outgoing models including the Cadillac XTS, Buick Regal and several others with uncertain futures including the outgoing Chevrolet Equinox.
Chevrolet built the Camaro in Oshawa before shifting production to Michigan last year, which resulted in 1,000 job cuts.
TTAC News Round-up: Infamous GM Engineer Speaks, You Only Get One With Dinner, and Hydrogen's Hedged Bet
The man in the middle of GM’s faulty ignition switch has finally spoken, and the word “mistake” came up at least twice.
That, does anyone have the number for Google, GM and Honda may join forces, and take a cab … after the break!
Cheap Car Wars Canada: 2016 Chevrolet Spark Gets $9,995 CAD Price Tag, and Americans Should Be Seriously Pissed Off
Chevrolet might be trying to sell its newest Spark in the United States for $12,660 ($13,535 with freight), but the automaker is bringing its game to other low-priced subcompacts in Canada with a starting price of $9,995 CAD ($11,595 CAD with freight/PDI).
That means the Spark costs $6,880 USD on the Canadian side of the border after adjusting for current exchange rates. Either GM Canada is taking a massive financial hit on the Spark, or Americans are getting hosed — by $5,780 USD, to be exact — for the Korean-made hatchback.
The Mercedes-Benz C-Class Wagon is Coming to North America*
* But not the U.S. — at least, not yet.
Add the Mercedes-Benz C-Class Wagon to the list of vehicles available in Canada and not the United States. Mercedes-Benz Canada announced Thursday it would begin selling the long-roof version of the C-Class this year. To add insult to injury, it will be a diesel with all-wheel drive — and that’s it.
Mercedes did not disclose what shades of brown will be available.
The previous-generation C-Class wagon was not available in Canada or the United States.
TTAC News Round-up: Elio's Already on Thin Ice; Magna and Getrag Seal Their Deal, No Normal Buyer
Regulators may rain on Elio’s parade even before they got started.
That, Volvo takes a serious stab at full-size luxury conventional wisdom, the big get bigger and Ford’s hybrids only go so far … after the break!
Volkswagen Canada's 'Goodwill' Program Started, Damn Exchange Rate
Volkswagen in Canada rolled out the same “goodwill” package for Canadian customers that they did for U.S. customers last month, according to Green Car Reports (via Autoblog).
Diesel buyers north of the border — up to 100,000 of them — will get the same $500 Visa gift card, $500 dealer gift card and three years of roadside assistance that U.S. owners received in November.
Volkswagen diesel owners can register their cars via Volkswagen Canada’s diesel emissions site.
GM Canada Connecting Syrian Refugees With Service Jobs
General Motors in Canada said Monday that it would provide assistance to Syrian refugees in that country through job training and money, the automaker announced.
“We are witnessing an outpouring of community support across Canada which recognizes the importance of a coordinated and thoughtful approach to refugee resettlement,” Steve Carlisle, president of General Motors of Canada, said in a statement.
The program will help connect refugees to local dealers looking for potential technicians or candidates for jobs. Would-be candidates will be trained in nearby community colleges through GM’s Automotive Service Educational Program.
Nissan Moves Diaz To Trucks Only, Promotes Canadian Chief to Takeover North American Sales
Nissan announced Tuesday that it would move current U.S. chief Fred Diaz to focus on truck sales for North America and promote Nissan’s chief in Canada, Christian Meunier, to lead the group in North America.
“We are now poised to capitalize on the significant investments we have made in our trucks with the launch of the all-new Nissan Titan, and these changes will support our ability to do so,” Nissan North America chairman Jose Munoz said in a statement announcing the changes.
In his new role, Diaz will oversee truck sales — Titan and Frontier — for all of North America to help jumpstart that brand from a minor player to a more serious contender. He was previously head of Ram brand for Fiat Chrysler Automobiles before joining Nissan in 2013.
Failure to Launch: Mazda Canada Decides to Pass on Mazda2, Will Focus on Crossovers
After officially giving the Mazda2 its North America reveal in Montreal, Quebec, Canada in January, Mazda Canada announced, nearly 10 months later, it will not sell the subcompact hatchback in the country.
“Following a thorough evaluation of the B-car segment, Mazda Canada has decided not to launch the new generation Mazda2 in Canada,” Mazda Canada said in a statement released Monday.
Instead, the company will focus on its CX lineup, including the CX-3, CX-5 and new, upcoming CX-9 to be revealed for the first time this week in Los Angeles.
Toyota To Build Next-gen RAV4 in Ontario, Other Cars To Follow?
Toyota will build the next generation RAV4 and RAV4 Hybrid on its new global platform in Cambridge, Ontario, Canada near the Lexus RX in 2019, the automaker announced Tuesday.
The plant, which recently lost production of the Corolla to Mexico, would receive a significant upgrade to the Toyota New Global Architecture line that could be used to produce other cars in the future. In a statement announcing the RAV4’s production, Toyota executives touted the Cambridge and Woodstock plants as the “North American hub for sport utility vehicles.”
Lexus Rebuffs China Production Due To Quality Concerns (Bonus: "F— This Graph" Edition)
Lexus won’t be building cars in China anytime soon due the automaker’s concerns regarding production quality, Bloomberg reported Thursday.
“There’s too much quality risk in China to produce there,” said Takashi Yamamoto, executive vice president of Lexus International.
Did you hear that mic drop? Hello? Anyone there?
This is How the Nissan Micra Cup Racecar is Built for $20,000
When the Nissan Micra Cup series was announced in late 2014, there was one main goal: be the most affordable, semi-professional racing series in Canada.
In order to achieve that goal, everything about the series needed to be cost-effective. All races were scheduled in Quebec, where the majority of competitors reside, and tires and brakes had to wear in a predictable manner so as not to “fall off” during race weekends. However, the difficult part was building a racing car to a price — $20,000 CAD, or $15,225 USD at today’s exchange rates, to be exact — so that racers could either pony up the personal funds to buy it themselves or more easily woo sponsors to make their racing dreams come true.
During the planning phase of the series, Nissan Canada and series promoter JD Motorsport tapped racing car builder Motorsports In Action of St-Eustache, Quebec to build the pint-sized racers. MIA, which is located in an indescript row of commercial units racing at Autodrome St-Eustache about 40 minutes northwest of Montreal, fabricates and preps vehicles for varying types of racing series and prides itself on build quality. However, as they say, “Good, Fast, Cheap. Pick Two,” it’s much easier to build a racing car with a high-dollar budget than it is to put together an economical package like the one requested for Micra Cup.
Thankfully, due to MIA’s combined knowledge and ingenuity, racers get a decent chunk of all three. And MIA’s Carl Hermez gave us a tour to show us exactly how they do it.
General Motors Adding More Workers To Volt Plant
General Motors announced Thursday that it would add a second shift to a flexible Detroit plant to prepare for upcoming demand for its cars.
GM will add roughly 1,200 jobs to Detroit-Hamtramck this year to help it build new models, the automaker said in a statement. The plant builds the Chevrolet Volt, Impala and Malibu and the Cadillac ELR there on a single production line. Production of the Cadillac CT6 will start there in early 2016.
As GM Gets Picky About Products, Could Factories Be Next?
General Motors is getting pickier about where it does business and the products it sells. Could that also translate to where it will build its products in the future?
In a recent piece from Automotive News’ Mike Colias, the trade publication paints a bleak picture for one of General Motors’ longest running nameplates. The subject was Impala and the question was whether the car named after an African antelope, while well received by the automotive press, could survive the guillotine in a market that increasingly prefers crossovers and SUVs over sedans.
“We have a broad portfolio. But how are we going to look at what are the right vehicles to put in the marketplace? We’ll look at what makes sense and what will generate a return,” General Motors CEO Mary Barra told Automotive News earlier this month.
Naturally, Colias brought up Impala, and the reply stopped short of commitment to the car and the segment.
Ontario Is Getting It Right With Cars Today, Closer to Xanadu
Ontario announced this week that it would be the first Canadian province to allow autonomous driving on its roads ( although maybe not autonomous Volts) and it would make insurance companies discount policies for owners who have winter tires.
The programs were announced Tuesday and Wednesday by the ministries of finance and transportation in the province.
Ontario would join a handful of U.S. states that allow autonomous cars, including California and Michigan, on its roads for testing. According to the statement announcing the program, companies developing autonomous cars can begin applying for permits next month.
Fiat Chrysler Automobiles Leadership Shakeup: Fiat NA Chief Quits
Like Al Pacino in “The Godfather 2,” Sergio Marchionne’s move to insulate himself further and tap future successors has claimed another victim. On Monday, former Fiat North American chief Jason Stoicevich resigned from the automaker, days after he was replaced as head of Fiat by Dodge CEO Tim Kuniskis.
Stoicevich was a longtime FCA employee, heading up the automaker’s California sales office and former head of Jeep operations before that.
His departure is the latest in a company-wide shakeup to consolidate most North American brands between fewer brand chiefs.
General Motors: Don't Read Into Autonomous Vehicle Announcement
General Motors announced last week that it would develop a fleet of autonomous Volts for its Warren, Michigan campus by 2017, despite announcing earlier in the year that its struggling Oshawa, Ontario facility would be a hub for connected vehicles in April.
GM spokesman Dan Flores said the Warren campus was the best fit for the self-driving Volts that will shuttle GM employees.
“We have several global engineering centers in the world and they all play a role in development,” he said. “There shouldn’t be anything read into the autonomous center being based in Warren. It’s the company’s main technical center.”
VW, Audi in Canada Halting Sales of TDI Cars Following US Inquiry
Volkswagen in Canada will suspend sales of its Volkswagen Passat, Golf, Jetta, Beetle and Audi A3 cars after the U.S. Environmental Protection Agency announced the engines in those cars had an illegal device that “cheated” emissions tests.
“We will work with our colleagues at Volkswagen of America as well as our parent company in Germany to resolve this matter in the most timely fashion,” Volkswagen Canada spokesman Thomas Tetzlaff said in a statement.
Audi Canada has also issued a stop-sale of the Audi A3 TDI, stated Audi Canada spokesman Cort Nielson. No details were available regarding Audi’s plan for continued availability of the A3 TDI.
VW hasn’t announced a timeline for fixing its cars and resuming sales. Over the weekend, VW’s CEO Martin Winterkorn apologized for the scandal.
Honda Odyssey Sales Were Falling, We Got An Odyssey, Now Odyssey Sales Are Rising
We’re kidding. Yes, Odyssey sales were falling. Then we used our own money to pay for a new 2015 Honda Odyssey. Forthwith, Odyssey sales increased.
You know better than to connect the two, of course. Post hoc ergo propter hoc, and all that. But I can dream about the power of GoodCarBadCar.net and the sway of a single Jalopnik-recommended article on our Kinja page.
In July and August, 26,274 Americans registered new Odysseys, 12 percent more than in the same period one year ago. This is a strong end-of-lifecycle follow-up to the Odyssey’s 14 percent plunge in the 2014 calendar year and a 1 percent drop in the first half of 2015. Yet even to the sales-stats-obsessed founder of GCBC, the U.S. sales story is secondary, if only in this instance.
As of June 2015, we have a minivan, and I’m too busy loading ten-foot-long 2x4s in the back of my people carrier to care about the Odyssey’s best-selling status or the reasons for the uptick.
The Biggest Car Interior Makers Are Now Companies We've Never Heard Of
On Monday, Magna International completed its sale of its interior business to Grupo Antolin, a Spanish firm that’s relatively unknown outside of Spain.
That’s on top of Johnson Control International getting out of the interior business, along with other automakers and suppliers, as John McElroy pointed out in a well-written column for Autoblog.
Magna’s sale underscores the fact that the car-making business — and especially their interiors — isn’t exactly lucrative for most suppliers.
Toyota Wants $500 From Canadian Owners To Fix Odometers (Video)
Owners of some Toyota cars in Canada say that the Japanese automaker is asking them to foot the bill for replacement odometers due to a glitch that won’t allow the gauges to roll over after 299,999 kilometers, CTV is reporting ( via AutoFocus).
The glitchy odometers are found in 2003-2008 Toyota Matrix and Corolla models, and some 2004 and 2005 Toyota Prius models.
There are a few videos on YouTube of people expecting to hit 300,000, but they never do.
Union Leader Blasts Obama on Pacific Trade Talks
The head of the AFL-CIO in the United States is criticizing the current presidential administration for its pursuit of a trade zone in the Pacific that could open up Asian markets to America and vice versa, the Detroit News is reporting.
AFL-CIO President Richard Trumka wrote the administration a letter saying that a free-trade agreement with countries such as Japan jeopardizes American jobs because those countries may be able to source cheaper parts from outside the negotiated area, according to the report.
“I hope it is not the case that the Canadian and Mexican negotiators are actually holding a harder line than our own government on this issue. But due to the unaccountable lack of transparency from USTR, absolutely critical decisions are being made without our input or voice. Thousands of good American jobs and an iconic American industry are at risk, and we don’t even know what our government’s negotiating position is.”
Automakers Using Chinese, Mexican Production As Leverage With UAW
As talks with the United Auto Workers continue, domestic automakers may be using global production strategies to leverage lower wages from the massive union, Automotive News is reporting.
News that Buick may import most of its lineup from outside North America, or Ford shifting production from Michigan to Mexico, could be weighing on conversations to keep production in the U.S. and Canada at union plants.
“It’s a veiled threat to the workers,” Gary Chaison, a professor of labor relations at Clark University told Automotive News.
The automakers may be saying: “If you ask for too much, we can take the work out of the U.S. So, give us a reason not to shift more production overseas,” he added.
Saskatoon Strippers Protest Law With Charity Car Wash
Strippers who are peeved about Saskatoon’s recent law banning peeling in bars held a charity car wash Aug. 16 to benefit breast cancer — and protest the new law — CTV is reporting.
Dancers from the Pink Champagne Girls company say a court reversal of a law that allowed them to strip down to their underwear in March is hurting their business. The company said it raised $600 for charity from the car wash.
“It’s kind of a boobs-for-boobs thing. We thought it would fit in nicely,” Emily Kempin, owner of the Pink Champagne Girls, told CBC.
Equinox Gives Oshawa Consolidated Line Extended Life
GM Canada announced Wednesday it will make a small investment in Oshawa Assembly’s Consolidated Line thanks to increased demand of the Chevrolet Equinox.
“It’s a modest investment in terms of its size, but it increases the volume of stamping we do at CAMI to increase the run. (The increased stamping) will then boost Equinox production in Oshawa,” GM Canada’s VP of Corporate and Environmental Affairs David Paterson said in an interview with TTAC.
More body panels are stamped at CAMI than that plant’s assembly line can use, which required GM to utilize its “shuttle program” to transport excess Equinox bodies to Oshawa’s Consolidated Line for final assembly, according to GM.
The majority of the $12 million CAD investment will go to CAMI, though the detailed amount was not disclosed. Additional labor will not be needed to produce the additional Equinoxes.
While the success of an 11-year-old model (the Equinox went into its second generation as an enhanced refresh) is newsworthy, there is a larger issue at play.
“That investment has the effect of extending further the Consolidated Line until at least 2017,” said Paterson.
Automotive News Late, Wrong On Cadillac XTS De-Livery News
Automotive News reported earlier this month the death of the Cadillac XTS — expected to happen when the new, range-topping CT6 arrived at dealers — has been stayed until 2018 or 2019 thanks to the livery market and sales in China, sourcing “three people familiar with General Motors’ plans.”
Sorry, Mike Colias, but you are about 3-and-a-half months too late and have the narrative all wrong.
Canada, Ontario Governments Kick in Millions for Toyota Plant Upgrades
Federal and provincial governments in Canada have offered more than $100 million (USD $77 million) for improvements to the Cambridge and Woodstock plants, CTV news is reporting.
The incentives are part of a $421 million (USD $323 million) investment that will be used for light metal stamping in Woodstock, which makes the RAV4, and plant improvements in Cambridge, which produces the soon-to-be-gone Toyota Corolla and Lexus RX vehicles. Toyota has said it will move the Corolla to Mexico, but hasn’t announced what would replace it at the Cambridge plant.
The Canadian government tipped in $34 million in 2013 for improvements to the Cambridge plant to produce the RX 450h.
Jeep Posts Biggest Ever Quarterly Sales Total in US
Fiat Chrysler Automobiles said strong North American sales and brisk worldwide Jeep sales propelled the company to a $364 million profit in the second quarter of 2015, despite record fines from the federal government.
Overall, the company earned a pre-tax profit of $1.4 billion, which is double the $650 million it made in the same quarter last year, the Detroit Free Press reported.
The earnings beat expectations for the company, whose profit margins are still below the other domestic automakers. FCA reports its margin was 7.7 percent in the second quarter, up from 4.9 percent last year, but well behind the double-digit margins of Ford and General Motors.
Car Building in Ontario Could Die, and They Probably Can't Save It
Ontario’s debt is swelling and as home to eight manufacturing plants — the largest complex in North America — automakers may have a tough time keeping plants open in Canada’s most-populous province.
According to a story by the Financial Post, Ontario is moving forward with an ambitious plan to revamp roads and mass transit systems despite its debt being downgraded by Standard & Poor’s bond index. The broad public spending plan also extends to other sectors, despite high unemployment numbers and slumping manufacturing jobs.
Automakers such as Fiat Chrysler Automobiles have called on the provincial government to cut back on public programs and reduce costs on utilities in an effort to keep car building in the province profitable. This year, Chevrolet will shift production of its Camaro to Michigan. On the whole, Oshawa GM production has a dark cloud lingering overhead until the company decides what to do with the facility in 2016.
Magna Completes $1.9B Acquisition of Transmission-maker Getrag
Supplier and sometimes-assembler Magna International will buy German transmission-maker Getrag for roughly $1.9 billion, the Detroit News is reporting.
The deal would firmly plant Canadian-based Magna International as the world’s second-largest parts supplier behind Robert Bosch GmbH and ahead of ZF, which recently purchased TRW Automotive for $12.4 billion earlier this year.
“The trend among the suppliers is that we now have to be bigger as the auto makers go to us to do more for them,” Magna Chief Executive Don Walker told the Wall Street Journal on Thursday.
Former Oshawa Mayor: Boycott GM If Jobs Are Lost
The former mayor of Oshawa, John Gray, is telling Canadians to boycott General Motors if the automotive giant pulls the plug on the Camaro at its plant north of the border, the Toronto Sun is reporting.
“That’s the type of pressure that is applied so that GM comes to its senses and maintains production in Oshawa after next year,” Gray told the newspaper this week.
General Motors said it would end production of the Chevrolet Camaro at the Oshawa Car Assembly plant and move production to Michigan on Nov. 20. Gray said the move would end about 1,000 jobs at the plant, and dim the prospects of an already bleak future for the plant.
Ferrari Filing 'Days Away' Says FCA Boss Marchionne
Speaking to reporters in Toronto on Friday, Fiat Chrysler Automobile chief Sergio Marchionne said the official filing to spin off Ferrari could happen within the next few days.
“We are days away from filing the prospectus,” Marchionne said, according to the Detroit News.
The future standalone supercar maker will make available 10 percent of the company through its initial public offering, which is widely expected in October. The remainder of the company will be held by Fiat investors and Enzo Ferrari’s son, Piero Lardi Ferrari, who is vice chairman of the company.
Mexico, Southeastern US Besting Canada, Detroit In Auto Manufacturing
Despite being unified on the trading front, Mexico and the Southeastern United States are besting Canada and Detroit in the automotive industry game.
Survival Of Canadian Auto Industry Hinging On FCA Brampton Reinvestment
The fate of Canada’s auto industry is linked to whether or not the nation’s leaders can convince FCA to reinvest into its Brampton, Ontario facility.
Renault Testing Canadian Waters With Limited Kangoo EV Sales
Renault is testing the waters for a full return to the Canadian market via the limited introduction of its Kangoo Z.E. EV.
Renault Twizzy Arriving In Canada Pending Approval
Canadian B&B, get ready: The Renault Twizzy EV is coming to your shores at last.
Canada A Low Priority In Takata Airbag Recalls
As nearly 34 million vehicles in the United States go under recall over Takata’s airbag issues, Canada remains a low priority due to cooler climes.
Biggest Supplier of U.S. Foreign Oil Elects Democratic Socialist Government
Last night, it became official: Alberta, the largest producer of oil in Canada, ended the 40 year reign of the Progressive Conservatives in favor of the New Democratic Party (NDP), a democratic socialist party.
This could mean big changes in the energy sector, from oil patch to gas pump.
Oshawa Camaro Production Ceases November 20, Reduced To Three Shifts
First announced December 19, 2012, GM Canada’s Oshawa Assembly facility will officially cease production of the Camaro on November 20, 2015 in conjunction with the car’s next generation, GM announced today. Camaro production remained at the Oshawa plant a year longer than initially promised in 2012.
Assembly shifts will be reduced from four to three between the “Flex” and “Consolidated” lines. Currently, the “Flex” line is on three shifts while the smaller line is on one shift. GM Canada will “begin a voluntary retirement canvass” to reduce worker head count before implementing any layoffs. GM Canada President, Stephen K. Carlisle, stated “60 percent of our hourly workforce are nearing retirement” age and the company will offer incentives to eligible employees looking to retire early.
GM Canada Hiring Over 100 Software, Control Engineers For Connected-Vehicle Mandate in Oshawa
Following a new connected-vehicle and green tech mandate, GM Canada’s Canadian Engineering Centre in Oshawa, Ontario is hiring 100 engineers to support the mandate.
Canada Loans 400M to Volkswagen for Chance at Supplier Table
As Volkswagen plans to expand in Chattanooga and Puebla, the Canadian government is loaning €400 million ($433.8 million USD) to the German automaker in exchange for possible future supplier business.
Uber Safe Helps Drunk Torontonians Make It Home Safely
Should you be in Toronto having a few with the TTAC Zaibatsu, and you need a lift home, Uber’s Uber Safe program might be what you need.
Canada Auto Sales Recap: February 2015
FCA Canada outsold the Ford Motor Company by 3690 units in February 2015, stretching the company’s year-to-date lead over second-ranked FoMoCo to 7162 sales.
Keep in mind, FCA (formerly Chrysler Group) was more than 5000 sales ahead of Ford Canada at this time last year but couldn’t hold on for an annual title.
Volvo Moved More Wagons Than Sedans In Canada In February 2015
Volvo is having a hard time moving most of its wares out of the showroom in Canada, with its wagons being the silver lining to its cloud.
Chicago 2015: Ford GT Presents Its Canadian Passport
The Blue Oval has no use for 50 shades of gray, not when two will suffice for the 2015 Chicago Auto Show debut of the Ford GT.
Windsor Assembly Plant Readying For Extensive Renovation
FCA US’ Windsor Assembly Plant is about to undergo the most extensive renovation since the 1980s, all to ready the plant for the automaker’s new minivan.
2014 Canada Auto Sales Recap: Records, Records Everywhere
2014 was a record-setting year for auto sales in Canada, a fitting follow-up to a record-setting twelve-month period one year earlier.
Auto sales in Canada jumped 6% to 1.85 million, an increase of 107,000 units. Pickup truck and minivan sales growth lagged slightly behind the overall industry’s pace, commercial van volume jumped 16%, and SUV/crossover sales rose 15%.
• Record sales achieved by 15 auto brands
• F-Series, Civic, Escape, Grand Caravan lead categories
• Six auto brands report YOY declines
Car sales were flat, which resulted in a market share decline from 44.6% in 2014 to 42.1% in 2014. In December, even with a somewhat impressive 11% improvement, passenger cars accounted for less than 38% of all new vehicle sales.
The fastest-growing auto brands were not so afflicted. Jeep volume shot up 58% to a record-setting 70,503 units. Jeep, of course, does not market any passenger cars.
Toyota Increasing Crossover, SUV Production To Meet US Demand
With U.S. demand for its crossovers and SUVs expected to increase in 2015, Toyota is responding in kind by increasing production at home and in Canada.
Vive Le Quebec Special: Hyundai Accent Is Now Canada's Cheapest New Car
The Nissan Micra has officially lost its title as “Canada’s Least Expensive New Car”. Now, the cheapest new car is now the Hyundai Accent.