Toyota Increases RAV4 Manufacturing; Creates 400 Jobs
Investing $80 million into the Woodstock, Ontario assembly plant, Toyota Motor Manufacturing Canada increases its RAV4 production capacity
Sectors - Manufacturing
Air Canada Debuts the Boeing 787 Dreamliner
In celebration of Air Canada's 75th anniversary, the Boeing Dreamliner makes its debut appearance in Canada
Chrysler Canada Tops February Vehicle Sales
Increasing sales up nine per cent, Chrysler Canada has hit its best vehicle sales February level since 2002
Magna Reveals Profitable Q4 2011
Reporting a 13 per cent increase in sales in comparison to Q4 2010, Magna's increase was led by the company's North American production sales
Comtek Advanced Structures Wins Learjet 85 Contract from Bombardier
Designing, manufacturing and supporting the floor panels of the Learjet 85, Comtek signs agreement with Bombardier Aerospace
Canadian Auto Manufacturing Breakdown
This month, Business Review Canada highlights companies that are heavily investing in Canada's auto manufacturing industry
Valeant to Acquire Eyetech
Valeant enters agreement to purchase US based Eyetech, known for its ophthalmology biotechnology
Caterpillar Subsidiary Announces London,ON Plant Closure
Progress Rail announces plans to close Electro-Motive Canada locomotive assembly plant amid ongoing labour dispute
Health Canada Announces Recall of IKEA High chair
Due to high chair belt malfunction, Health Canada recalls 169,000 IKEA children's chair units
GM to Manufacture the Chevrolet Impala in Canada
Investing $68 million, GM expands production of its Oshawa Assembly Plant creating 350 new jobs
Businesses Increase Spending on Industrial R&D
Canada R and D spending up five per cent from 2010.
Bombardier Appoints Leaders to Aircraft Sales Teams
Growing its commercial sales in the Middle East and Asia-Pacific, Bombardier is in capable hands
Honda to Manufacture 2012 CR-V in Canada
Built in Alliston, Ontario, production of the 2012 Honda CR-V will begin in early 2012
Bombardier and Atlastjet Make Deal on 15 CSeries Jets
Selling 10 CS300 jetliners to start with five on option, Bombardier's Dubai expansion already deeming profitable
Electric Vehicle Nissan LEAF Debuts in Canada
Nissan Canada delivers first Nissan LEAF to Ottawa resident
Bombardier to Reduce Production of CRJ Aircraft
Due to lower market demand, Bombardier reduces manufacturing
Ontario and Magna Collaborate on Green Vehicles
Ontario Government contributes $48 million toward a $400 million green vehicle initiative
Bombardier C Series President, Gary Scott, To Retire
President since 2008, Scott leaves after more than 30 years in the aerospace industry
New Cadillac XTS Produces $117 Million Investment
Oshawa Assembly Plant receives GM investment to produce new luxury car
Toyota Canada to Manufacture Electric Cars in 2012
TMMC to build electric RAV4s in Woodstock, Ontario
Valeant To Buy Dermik from Sanofi
Dermik, a dermatology unit of Sanofi in the US and Canada, purchased for $425 million
Toyota Canada Facilities Receive Government Investment
Saving 6,500 jobs, the Ontario and Federal Government invest in $545 million project
Nathan Fillion Supports Green Vehicle Technology
Pushing businesses and fans alike, Fillion promotes Arcimoto--a sustainable transportation system developer
Toyota Recalls 106,000 Prius Vehicles Globally
A single US accident caused the recall, based on potential faulty steering problems
Motive Industries Takes "Green" Cars to a Completely New Level
Pushing green car manufacturing to a new limit, a Canadian company plans to make cars out of hemp
Magna Names New Chairman
Replacing Stronach, Mike Harris is new Magna Chairman
Honda to Limit Orders of Japan-Built Cars
Due to the Japan earthquake and tsunami disaster, shortage of new vehicles possible until end of year
Superyacht Sapphire sold for $110 million
Edmiston sells its German super yacht the Sapphire in late April
Chrysler to Repay Canadian Bailout Loans
Promoting Chrysler's credibility, repayment of $7.5 billion in loans intended for this quarter
Ford Reports a First Quarter Profit of $2.6 Billion USD
Due to an increase in demand for fuel efficient cars, Ford improved its net profit
TD Forecasts Canadian Export Business Competitiveness to Erode
A strong Canadian dollar will reduce Canadian export business competition on an international scale
Celestica to Grow Toronto Workforce
Creating 400 new jobs, Celestica product demand raises
Toyota Production to Normalize Near End of the Year
Toyota global production to reach normal values at earliest in December
Land Rover Creates Range Rover Road Bike
The perfect Range Rover accessory, the Evoque road bike
Acura Introduces the All-New 2012 Acura TL
Acura is looking to rev up its sales by introducing the 2012 Acura TL, while commemorating its 25th Year in Canada
Adoption Agency Directors Charged with Fraud
Imagine Adoption operators charged with fraud for spending $420,000 of agency funds
Canadian Hockey Stick Production Moving to China
Icon Sher-Wood Hockey is its moving remaining stick production to China to reduce costs
New Gold to Purchase Richfield Ventures in Acquisition Deal
Acquisition will lead to control of Richfield British Columbia gold project
Stronach to Step Down as Magna Chairman
New Magna chairman to be chosen from existing directors
Obama to Cut Oil Imports by One-Third, But Says Canada Still a Key Source
Due to gas price fluctuation, the U.S. will reduce foreign oil reliance over the next decade
Eurocopter Places $625 Million Takeover Bid for Vector Aerospace
Eurocopter, a subsidiary of EADS, has placed a friendly take-over bid for Toronto based Vector Aerospace. Offering approximately $625 million, Vector Aerospace shares soared after the announcement.
Porsche Taking Orders for the 918 Spyder
Created from a concept car originally unveiled at the 2010 Geneva Moror Show, dealers around the globe are taking orders for the Porsche 918 Spyder. Taking a significant step toward production, the 918 Spyder marries unique plug-in hybrid technology with outstanding performance.
Bombardier and Chinese Aircraft Maker Sign Agreement
Bombardier announced Thursday the signing of a framework agreement with the Commercial Aircraft Corporation of China Ltd (COMAC). This deal will establish a long-term strategic cooperation on commercial aircrafts between the two companies.
Rolls Royce invests $225 million to develop gas turbines
Rolls Royce announced today plans to invest $225 million to develop new technologies for the company’s energy business in Canada. Funding provided over the next five years, the investment will be primarily to enhance Rolls Royce product offerings in the oil and gas and energy generation markets.
Porsche Banks on Updated Hybrid for Nürburgring Race
Porsche announced today that they intend to compete in the 24 hour Nürburgring race by entering their advanced version of the Porsche 911 GT3 R Hybrid.
Go Transit Makes $125 million Purchase from Bombardier
Bombardier Transportation announced today that it has received an order for 50 bilevel railway cars from GO Transit. The order, estimated at approximately $125 million, will expand GO Transit’s passenger capacity to an extra 8,000 commuters a day.
New Gallardo Lamborghini Honors Italy
Lamborghini will officially reveal on March 16th the new Lamborghini Gallardo LP560-4 Tricolore Edition. Honoring the 150 year anniversary of the unification of Italy, the Tricolore Edition features three subtle pinstripes of green, white and red to proudly give tribute the well known Italian flag on its bodywork.
New Lamborghini Sportscar Makes its Debut at Auto Show
At the Geneva Motor Show yesterday, Lamborghini unveiled the Aventador LP 700-4. With 700 horsepower 12-cylinder engine, this Lamborghini is a super sports car.
Toyota Recalls 147,000 Cars in Canada
Addressing a floor mat interference issue, Toyota announced yesterday that they are recalling 147,000 cars in Canada.
AbitibiBowater New CEO Richard Garneau Appoints Executive Team
AbitibiBowater has shuffled its Executive Team, again. A global leader in the forest products industry, AbitibiBowater has undergone a complete transformation at the top.
