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Industrials News

Magna board promises end to Stronach pay

Magna board promises end to Stronach pay

Magna International Inc. paid Frank Stronach $52-million US in consulting fees last year, but the company's board is taking great pains to promise that 2014 will be the last year he will be...

Posted on 4-07-2014 at 10:14 AM
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AltaCorp raises Air Canada price target to $12

Air Canada has issued improved guidance for the first-quarter, prompting AltaCorp Capital to increase its price target on the stock.

Posted on 4-04-2014 at 11:20 AM
GM files 200,000 pages of documents about recall to safety agency

GM files 200,000 pages of documents about recall to safety agency

General Motors Co said it has submitted most of the answers that U.S. safety regulators sought from the automaker about a defective ignition switch linked to at least 13 deaths.

Posted on 4-04-2014 at 9:09 AM
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Proxy battle looms at auto parts maker Martinrea

A former executive and director of Martinrea International Inc. plans to ask investors to replace most of the board of one of Canada’s largest auto-parts makers.

Posted on 4-03-2014 at 9:25 AM
Dealers say GM customer anxiety rising, sales may take hit

Dealers say GM customer anxiety rising, sales may take hit

An ignition switch defect linked to deadly crashes and mounting recalls are raising anxiety in General Motors Co showrooms, according to dealers who increasingly are fielding calls from...

Posted on 4-03-2014 at 7:54 AM
Chrysler recalls 867,795 SUVs worldwide to fix brake system

Chrysler recalls 867,795 SUVs worldwide to fix brake system

Chrysler Group LLC is recalling 867,795 Jeep Grand Cherokee and Dodge Durango sport-utility vehicles to install a shield to protect brake boosters from water corrosion.

Posted on 4-02-2014 at 2:58 PM
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Monsanto beats expectations on strong corn, soybean demand

Monsanto Co., the world's largest seed company, reported higher-than-expected quarterly earnings on Wednesday as its corn and soybean businesses expanded globally.

Posted on 4-02-2014 at 2:39 PM
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Senator accuses GM of 'culture of cover-up' in recalls

General Motors came under withering attack for its decade-long failure to notify the public about defective parts linked to fatal crashes, as a U.S. Senate hearing opened on Wednesday with...

Posted on 4-02-2014 at 11:22 AM

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