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Industrials News

Automakers report higher sales of Canadian vehicles in November
Fiat Chrysler Automobiles NV, Honda Motor Co Ltd. and General Motors Co. reported higher sales of Canadian vehicles in November, buoyed by customer demand for trucks.
Posted on 12-01-2015 at 2:24 PM
Canada manufacturing growth shrinks for fourth straight month
The pace of growth in the Canadian manufacturing sector contracted for the fourth month in a row in November as the industry continued to be hurt by weak commodity prices, data showed on Tuesday.
Posted on 12-01-2015 at 12:21 PM
Competition Bureau calling for taxi regulator overhaul to deal with Uber
Canada’s competition watchdog is urging regulators to modernize regulations for taxi drivers. This, as the Canadian taxi industry says its battle against ride-sharing companies like Uber and Lyft has been anything but fair because of an imbalance in industry regulations.
Posted on 11-26-2015 at 8:00 PM
Oil price plunge claims another casualty: Alberta car sales
New vehicle sales plunged by 13.5 per cent in Alberta last month, in another sign of how the oil-price collapse is rippling through the province’s once-booming economy.
Posted on 11-26-2015 at 8:40 AM
Bombardier chief confident in turning business around
Bombardier isn't wasting any time setting expectations as it meets with investors in New York. It’s warning adjusted profit will fall next year due in part to the CSeries ramp-up. Even so, CEO Alain Bellemare says his company has "great fundamentals."
Posted on 11-24-2015 at 7:13 AM
Tesla recalling 90,000 Model S sedans to check possible seat belt defect
Tesla Motors Inc said Friday it is recalling all 90,000 Model S sedans produced to check for a possible defect in the front seat belt assemblies.
Posted on 11-20-2015 at 2:10 PM
Volkswagen to cut capex as emissions scandal weakens labour unions
Volkswagen is set to announce its first cut in capital spending since the 2009 financial crisis, a sign of how the German carmaker's emissions-cheating scandal is weakening the position of its labour unions.
Posted on 11-19-2015 at 1:25 PM
Bomber shares slip as enthusiasm over Caisse’s investment fades
After storming out of the gates at the opening bell, Bombardier shares are sliding as enthusiasm fades over a big investment by the Caisse de Depot. The deal comes with provisions that could see the Caisse's stake rise or fall depending on the unit's performance.
Posted on 11-19-2015 at 7:13 AM

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