Lippert Components Subsidiary Completes Acquisition of Veada Industries

ELKHART, Ind.–(BUSINESS WIRE)–LCI Industries (NYSE: LCII) which, through its wholly-owned subsidiary, Lippert Components, Inc. (“LCI”), supplies a broad array of highly engineered components for the leading original equipment manufacturers (“OEMs”) in the recreation and transportation product markets, and the related aftermarkets of those industries, today announced that it has acquired Veada Industries, Inc. (“Veada”), a […]

Camping World Raises and Donates over $500,000 as Part of the Plating Change Initiative

Funds will directly support local restaurants and help battle food insecurity LINCOLNSHIRE, Ill.–(BUSINESS WIRE)–$cwh #CWH–Camping World Holdings, Inc. (NYSE: CWH) (“Camping World”), the nation’s largest network of RV and outdoor lifestyle – centric retail locations, announced today that it has raised over $500,000 to provide relief to local restaurants and meals to food insecure communities, […]

J.D. Power and LMC Automotive Forecast for December 2020

Memorable (or Forgettable) Year to End Positively as December Sales Up and Average Transaction Prices Surpass $38,000 for First Time TROY, Mich–(BUSINESS WIRE)–J.D. Power: The Retail Sales Forecast New-vehicle retail sales for the month of December are expected to be up from December 2019, according to a joint forecast from J.D. Power and LMC Automotive. […]

Linamar fined $200k after employee injured in furnace incident

A Linamar facility in Guelph, Ontario. The auto parts manufacturer has made a play to acquire Montupet, a major producer of aluminum.

Guelph, Ontario — Linmar, prominent car-parts maker based in Guelph, Ont., has been fined $200,000 after a worker was hit by a furnace fireball. The incident at Linamar Corporation occurred in October 2018; Ontario’s Labour Ministry says the worker was opening the furnace door to remove a part. “Upon opening the door, a fireball erupted […]

Licence and Registration, Please: SGI Nov. suspended drivers report

Regina, Saskatchewan — In November, Saskatchewan police caught 341 people driving while suspended and issues 558 tickets for an unregistered vehicle or trailer.  Police also issued tickets for the following offenses; 221 drivers driving without valid offenses; 102 learner drivers driving without a supervising driver; 37 drivers who weren’t complying with a license endorsement or […]

Charged Up: Magna and LG form joint venture on EV components

Aurora, Ontario — Aurora, Ont.-based auto parts manufacturer Magna International has announced a deal with LG, in which the companies will colloborate on components for electric vehicles. The joint venture tentatively has been called LG Magna e-Powertrain, and Magna says the deal combines its strength in electric powertrain systems and manufacturing with LG’s expertise in […]