Canadian auto supplied Linamar Corp. sees third-quarter global vehicle production up slightly.
GUELPH, Ont. — Canadian auto supplier Linamar Corp. sees third-quarter global vehicle production up slightly.
However, its light vehicle production forecast for the third quarter is down “meaningfully” in Europe compared with its previous forecast. It says input costs related to labour, raw materials and European energy have continued to escalate, affecting the mobility segment of the business.
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