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  • Honda added a second shift to its assembly plant in Canada

    Honda added a second shift to its assembly plant in Canada

    Creation of 400 new jobs Honda of Canada Mfg.. (HCM) provides for adding a second shift at its second plant in the first quarter of 2011, which will increase its daily production of 400 to 600 units and will allow him to create over 400 new jobs. "We are pleased to make this announcement as the Canadian economy shows ever signs of recovery," he says President and CEO of Honda Canada, Manabu

  • Royal Bank discuss to buy Canadian assets of GMAC

    Royal Bank discuss to buy Canadian assets of GMAC

    Royal Bank (TSX: RY) participate in discussions in order to redeem the activities of the former Canadian finance division of General Motors, said Monday the American chain specializing in business CNBC, citing sources. According to CNBC, TD Bank (TSX: TD) and Royal have filed bids for the assets, but it was not clear whether TD could surpass the most recent offer from the Royal Ally Canada. Royal

  • Pontiac Vibe 2005 2008 recalled by Toyota

    Pontiac Vibe 2005 2008 recalled by Toyota

    Toyota recalls Vibe 2005, 2006, 2007 and 2008 Pontiac due to a problem of callage Toyota Motor Co. announced a recall of security on Thursday due to a defect in the control of the powertrain of vehicles Vibe 2005, 2006, 2007 and 2008 Pontiac. Some 37,409 vehicles are concerned in Canada. Toyota also recalled the Corolla and Matrix vehicles of same year. The vehicles Pontiac Vibe and Toyota Matrix

  • An explosion at a Magna plant is five injured

    An explosion at a Magna plant is five injured

    Five people are hospitalized after an explosion and fire in an automobile factory conglomerate Magna (TSX: MG) has Newmarket, north of Toronto. Firefighters York Region were called to the scene at about 10 am Wednesday. The explosion occurred at the plant of Dortec Industries, a subsidiary of Magna International. Magna has said that the accident was produced along a production line and five

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