Factory
August 8, 2018 - The sudden deterioration in the Saudi-Canadian relationship is likely grabbing the attention of people in the city of London, Ont., more than anywhere else in the country. The city's General Dynamics Land Systems plant has been supplying light armoured vehicles to Saudi security forces, thanks to a $15-billion contract signed by the federal government in 2014.
August 2, 2018 - Electric car maker Tesla Inc. burned through $739.5 million in cash last quarter, paving the way to a company record $717.5 million net loss as it cranked out more electric cars.
August 2, 2018 - With its focus no longer diverted by the aircraft formerly known as the C Series, Bombardier Inc. says it is working to improve the profitability of its regional jets and turboprops by boosting sales and cutting costs.
July 31, 2018 - German automaker BMW says it will build a plant in eastern Hungary to manufacture up to 150,000 conventional and electric cars a year on a single production line.
July 31, 2018 - The Canadian government has announced investments of more than $1.2 million for Temisko, Cardinal Equipment and 4229339 Canada Inc.- Les Jardins de l'Île.
Jul. 16, 2018 - BMW Group and the biggest Chinese SUV brand, Great Wall Motor, announced a partnership last week to produce electric MINI vehicles in China as global automakers ramp up development under pressure from Beijing.
Jul. 16, 2018 - BMW says it is sticking with plans to add 1,000 workers in South Carolina, even though the company will start production of a new vehicle in China.
Jul. 11, 2018 - Electric car producer Tesla will build its first factory outside the United States in Shanghai under an agreement signed Tuesday, becoming the first wholly foreign-owned automaker in China.
Jun. 29, 2018 - Magna International Inc. has signed a deal to buy Italian company OLSA S.p.A., a maker of automotive lighting products, for about $354 million.
Jun. 27, 2018 - German carmaker Volkswagen opened the first car assembly plant in Rwanda’s capital on Wednesday in a milestone for the East African country that is trying to cut back on used car imports from Asia.
Jun. 26, 2018 - Britain’s leading car manufacturing trade association says investment in U.K. auto production has fallen by half in the last year due to worries over the country's upcoming exit from the European Union.
Jun. 25, 2018 - Harley-Davidson, up against spiraling costs from tariffs, will begin shifting the production of motorcycles headed for Europe from the U.S. to factories overseas.
Jun. 20, 2018 - Volvo Cars opened its first plant in the U.S. on Wednesday in a much different trade environment than when it announced its expansion across the Atlantic three years ago.
Jun. 18, 2018 - General Motors is getting rid of three Cadillac sedans and replacing them with two new ones over the next 3 1/2 years.
Jun. 17, 2018 - British manufacturer Rolls-Royce said Thursday that it plans to cut 4,600 jobs over the next 2 years as part of a major restructuring effort.
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