Magna Q3 2025: Record Revenue Soars 16% to $12.1B
Magna International delivers stellar third-quarter performance with $12.1 billion revenue and strategic positioning in the evolving automotive landscape.
Magna International delivers stellar third-quarter performance with $12.1 billion revenue and strategic positioning in the evolving automotive landscape.
Canada's ambitious electric vehicle mandate faces critical challenges including infrastructure gaps, supply chain limitations, and affordability concerns that could derail the 2035 timeline.
Emotional protests erupt at GM's CAMI Assembly Plant as workers and community members unite against devastating job losses that threaten to gut the automotive manufacturing hub.
Guelph police are investigating a sophisticated theft operation that saw approximately 40 scrap vehicle rims stolen from a local business. The targeted heist occurred overnight, leaving authorities searching for clues.
German auto giant Volkswagen faces staggering financial losses as US tariffs and Porsche challenges create perfect storm for Europe's largest automaker.
Stellantis, the automotive giant behind Jeep, Ram, and Dodge, reports impressive third-quarter revenue growth of 7% as its North American operations fuel a strategic turnaround. Discover how price increases and improved shipments are driving the company's
Canadian lawmakers confront Stellantis president Carlos Zarlenga over controversial decision to shift production from Windsor to U.S., raising concerns about Canadian auto industry future.
Unifor Local 88 members launch three-day rally at Ingersoll GM plant as contract negotiations intensify, fighting to protect thousands of automotive manufacturing jobs in Southern Ontario.
General Motors makes dramatic workforce reductions at its Detroit electric vehicle battery factory, citing slower-than-expected EV adoption and scaling back production plans.
Canada's ambitious 2035 electric vehicle mandate faces serious feasibility challenges, from infrastructure gaps to supply chain limitations. Experts warn this green dream could become a consumer nightmare.
Canadian automotive giant Magna expands its cutting-edge driver and occupant monitoring systems in China through strategic partnership with Germany-based OEM, enhancing vehicle safety standards.