AUTONET.CA | News

GM recalling 1.5M vehicles to fix windshield fluid system over fire concerns

Tue, 08 Jun 2010 11:00:00 -0400

WASHINGTON - General Motors is recalling about 1.5 million vehicles worldwide to address a problem with a heated windshield wiper fluid system that could lead to a fire.

Toyota pays $16.4M U.S. government fine over pedal recall: source tells The AP

Tue, 18 May 2010 13:40:00 -0400

WASHINGTON - Toyota has reportedly paid a record US$16.4-million fine for its alleged slow response in the accelerator pedal recall case.

Magna shares soar on move to new voting structure; Stronach supports proposal

Thu, 06 May 2010 13:27:00 -0400

TORONTO - Magna International Inc. is giving shareholders a chance to end the Stronach family's absolute control over the auto parts giant â�" a move that company patriarch Frank Stronach says could actually give him more influence.

North American auto market revs up: Scotia Economics

Fri, 30 Apr 2010 07:31:00 -0400

TORONTO - Global car sales continue to accelerate, with purchases advancing 25 per cent year-over-year during March.

Ballard Power Systems Inc. sees sales pick up, but takes hit from strong loonie

Thu, 29 Apr 2010 13:58:00 -0400

Fuel cell developer Ballard Power Systems Inc. (TSX:BLD) says international interest in its hydrogen products pushed first quarter sales higher, but profit margins were squeezed by a $1.5 million hit from exposure to foreign exchange fluctuations.

Toyota Cda recalls optional floor mat for Tundra, Highlander; risk of jammed accelerator pedal

Sat, 17 Apr 2010 11:40:00 -0400

TORONTO - Toyota Canada has announced a safety recall for optional "tray-type" floor mats for its Tundra and Highlander models.

Auto insurance rates jump 12 per cent in Ontario, fall in Quebec and Alberta

Tue, 13 Apr 2010 11:36:00 -0400

TORONTO - Car insurance quote firm Kanetix says rates jumped by nearly 12 per cent in Ontario in the first three months of this year.