Ford Canada ends financial reporting

Article Abstract:

Ford Motor Company of Canada Ltd of Oakville, Ontario, has announced that it is ending its 80 years of financial reporting because no other Ford Motor operations outside the US reports separate financial results. The company became a wholly owned subsidiary of Ford Motor when its minority shareholders were bought out at $185 per share. Ford Canada posted a profit of C$685 million on sales of $27.9 billion in 1997.

Motor Vehicles & Parts, Transportation Equipment Manufacturing, Ford Motor Company of Canada Ltd.

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Auto investments bypass Canada

Article Abstract:

A new survey from the Automotive Parts Manufacturers Association of Canada reveals that the auto industry invested over $11 billion worldwide in the first half of 2003. DaimlerChrysler closed an auto assembly plant in Canada in 2003 and announced that it will postpone plans to build a new auto assembly plant in Ontario.

Germany, Company investment, Investments, Surveys, Automobile industry, Transportation equipment industry, DCX, Daimler AG, Automotive Parts Manufacturers Association of Canada

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GM adds rebates to incentives

Article Abstract:

General Motors of Canada Ltd. has included $1,000 rebates with interest-free loans for most of its vehicle offerings. The rebates are extended over five years.

Sales Promotion-Rebates, Rebates, General Motors of Canada Ltd., Automotive industry

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