Automotive
Statistics Canada says auto sector and gasoline boosted retail sales in January
StatCan cautioned that the impact of COVID-19 on the retail sector is yet to be measured
Ski Doo maker BRP suspends dividend to preserve financial flexibility
The maker of Ski-Doo snowmobiles and Sea-Doo watercraft had paid a quarterly dividend of 10 cents per share
Toyota extends Canadian plant closures after employee tests positive for COVID-19
The automaker says all plants will be closed from March 23 through April 3, with production resuming on April 6
Automakers shut North American plants over coronavirus fears [UPDATED]
Ford, General Motors, Fiat Chrysler, Honda and Toyota said they would shut down all of their factories in the region, including Canadian operations
Tesla factory could be shut under health order
Businesses that can remain open include pharmacies, banks and supermarkets, but not electric car manufacturing
Detroit 3, UAW agree on virus measures to keep plants running
Partial closure of plants, deep cleaning and longer periods between shift enacted to protect employees.
Unifor, FCA, Ford, GM form virus task force to protect employees
Measures in place and in continuous communication at the national and plant levels
Volkswagen to close Europe plants for two weeks
China business is coming back as the number of new COVID-19 cases lessens
Magna demonstrates its new e4 e-mobility drive systems
Winter conditions testing in Sweden showcases include integrated PSM-type eDrive systems on the front and rear axle
Automakers dodged parts shortage, but virus poses new threat
The auto industry could be forced to reduce spending, slow or shutter factories and draw upon cash stockpiles to weather a pandemic
