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Industrials News

Fiat Chrysler CEO asks investors for help persuading GM to merge
Fiat Chrysler CEO Sergio Marchionne is looking for a merger with General Motors and is reaching out to hedge funds and activists investors to make that happen.
Posted on 6-09-2015 at 7:09 AM
World Fuel Services to pay $110M in Lac-Megantic settlement
World Fuel Services has agreed to compensate victims of the Lac-Megantic rail disaster through a compensation fund of $110 million U.S..
Posted on 6-09-2015 at 7:51 AM
Cars smart enough to drive still need to overcome human error
As companies such as Google Inc., Mercedes- Benz and Volvo Cars race to develop vehicles that are smart enough to drive themselves, even the most sophisticated systems will sometimes be no match for human error.
Posted on 6-08-2015 at 8:18 AM
Air Canada considering more Airbus A321 jets for Rouge discount unit
Rouge currently has 32 planes - 20 of the narrowbody A319s made by Airbus and 12 wide-body Boeing 767 jets - and plans to increase this to 50 in 2018.
Posted on 6-07-2015 at 7:08 PM
VIA Rail looks to private investment for $3-billion dedicated track plan
The head of Via Rail Canada Inc. brought his pitch for private investment to Toronto on Thursday, promoting a chance to reshape the money-losing passenger-train service.
Posted on 6-05-2015 at 7:27 AM
Bombardier taps investment banker to oversee asset sales
Louis Véronneau will take the title of vice president, mergers and acquisitions.
Posted on 6-04-2015 at 5:34 PM
Mexico to grow role in vehicle design and development
Mexico is looking to crack further into the auto industry by targeting more highly skilled research and development jobs, and has already surpassed Canada in annual vehicle production and parts shipment.
Posted on 6-04-2015 at 8:52 AM
SNC says it’s ‘not for sale’ amid buyout speculation
The Financial Post reported that at least two rivals had approached Canada’s largest engineering and construction company to discuss a takeover.
Posted on 6-03-2015 at 4:00 PM

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