UAP Inc. has announced that it will be closing its distribution centers in Toronto and London, Ont., in December and moving operations into a new Cambridge facility.The company says that there will be approximately 100 jobs at the Cambridge facility,…
Federal-Mogul Corporation has signed a letter of intent to sell certain United States camshaft operations to ASIMCO.The sale to ASIMCO, an automotive components manufacturing company based in Beijing, China, for $25.7 million U.S. will also allow Federal-Mogul to retain the…
CarParts Technologies Inc., a provider of e-commerce software for the automotive aftermarket, has acquired the assets and property of OpenWebs Corp.The acquisition provides CarParts Technologies with the opportunity to revolutionize supply-chain management for the $20 billion tire segment of the…
SmarTire Systems Inc. a developer of tire pressure and temperature monitoring technology, and Visteon Corporation, a Tier 1 supplier to automotive manufacturers, have announced an agreement in principle to develop and market tire monitoring solutions for vehicle manufacturers.With this agreement,…
Ontario behind the record new vehicle sales, says economist Carlos Gomes.Gomes, Scotiabank’s auto industry specialist, say that while all regions in Canada have posted double-digit sales gains through the first quarter, Ontario has almost single-handedly driven Canadian vehicle sales to…
Uni-Select has announced that it has increased net profits by 38% for the first quarter of 2002.With the net profits increase of 38.0%, dollar profits rose to attain $3,097,000 or $0.17 per share compared to $2,244,000 or $0.13 per share…
To hear Canadian Tire president and CEO Wayne Sales tell it, Canadians were looking for a safe haven in the current economy and took refuge at Canadian Tire. From the looks of its balance sheet, it appears they spent a…
Wal-Mart, in cooperation with TracFone Wireless Inc., is offering consumers roadside assistance.Available at nearly 2,600 Wal-Mart stores and Supercenters nationwide in the U.S., Wal-Mart is featuring TracFone’s 24 Hour Roadside Assistance, which covers up to five family members throughout the…
An environmental group has warned that a new reduced sulphur content limits will not necessarily translate into the lowest possible conentrations, and that Ontario continues to be get the highest sulphur content fuels in the country.“A loophole in the sulphur…
Vancouver is hoping to make May 15th a "crash-free" day, as part of a safe driving awareness campaign.Each year in Vancouver more than 55,000 motor vehicle collisions occur, which breaks down to an average of approximately 150 collisions every day.…
“One litre of used oil can contaminate a million litres of fresh water,” Manitoba Conservation Minister Oscar Lathlin announced in making his commitment to EcoDay, Saturday, June 8th.The annual EcoDay is organized by MARRC (Manitoba Association for Resource Recovery Corp.)…
The Automotive Refinish Group of PPG Canada, Inc. has announced a partnership with Mohawk Community College, Motive Power Division, in Stoney Creek, Ont.The agreement sees PPG supplying the college with the latest high-tech equipment, paint systems and supplies.Among the items…