Magna banks on EV batteries | Alberta enters lithium race | Volvo cutting jobs in Canada, U.S. | Stellantis offers UAW 14.5% raise | PODCAST: CDK's Bruce Johnson on inventory, service, technology

Magna, which sees its EV powertrain and parts business doubling this year, has committed about US$700 million to two plants in Michigan and Ontario to build enclosures.

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Friday, September 08, 2023 DEALERSHIP SALARY SURVEY: Do you work in automotive retail? Find out how your compensation compares with your peers by participating in the Automotive News Dealership Salary Survey. Responses are anonymous. Subscription Required Suppliers Magna sees EV battery enclosures generating US$2.5 billion in sales by 2027   Read More > Electric Vehicles Alberta enters lithium race with opening of E3's first extraction pilot project   Read More > Subscription Required Automakers Volvo Cars cuts jobs and expenses in U.S., Canada to prep for EV era   Read More > Subscription Required Labour Stellantis offers 14.5% raises to UAW   Read More > ANC Podcast: Sept. 7, 2023 | CDK’s Bruce Johnson on inventory, service, tech and a new BMW deal   Bruce Johnson, the senior director for dealer management systems at CDK Global, talks about the challenges dealers face right now, technology in the service department, the effect interests are having, and the firm's new deal with BMW Canada Listen to the Podcast >   Subscribe An Automotive News Canada subscription includes 12 monthly issues – delivered in print to your doorstep, and digitally to your inbox – plus unlimited, 24/7 access to our website. Subscribe Connect With Us Our Mission “The Automotive News Canada mission is to be the primary source of industry news, data and understanding for the industry's decision-makers interested in Canada.” Click here to unsubscribe from this newsletter. Manage your email preferences. Automotive News Canada PO Box 243, Station A Windsor, Ontario, N9A 6K7 customerservicecanada@autonews.com